Fetch.ai: Launched a $100 million infrastructure investment project Fetch Compute

ChainCatcher news, focusing on artificial intelligence, the Web3 protocol Fetch.ai announced the launch of a $100 million infrastructure investment project "Fetch Compute." This project will deploy Nvidia H200, H100, and A100 GPUs to create a platform for developers and users to leverage computational power, aimed at enhancing participants' ability to create advanced applications to deepen the foundation of the artificial intelligence economy.

It is reported that starting from March 7, 2024, users who stake Fetch.ai's native token FET will receive Fetch Compute credits as rewards, which can then be used to pay for GPU usage on the Fetch Compute network.