Fetch ai

Fetch.ai offers an open platform designed for the creation, deployment, and monetization of artificial intelligence (AI) services. It focuses on transforming legacy systems to be AI-ready without altering existing APIs and making services discoverable on its platform, which serves as the first open network for AI agents. 

Fetch.ai supports a range of integrations with services like Skyscanner, Discord, OpenAI, and Slack, facilitating access to multiple services through a single prompt with its DeltaV tool. The platform encourages the development of AI agents that can optimize business processes, enhance the mobility and IoT sectors, and enable innovative business models through its community-driven and open-source approach.

Fetch ai Features

• AI Marketplaces: Fetch.ai allows you to build, deploy, and monetize AI marketplaces.

• Legacy System Transformation: It can transform your legacy systems to be AI-ready without changing your existing APIs.

• AI Agents: Fetch.ai makes your services discoverable on the platform with the first open network for AI Agents.

• Integration: Fetch.ai offers easy integration with various platforms like Skyscanner, Discord, OpenAI, Yahoo Finance, Slack, WhatsApp, Google Calendar, and more.

• Developer Tools: Fetch.ai provides powerful developer tools to make the most of the possibilities.

• Autonomous Agents: Fetch.ai’s autonomous agents can optimize business processes within the Economy of Things.

• Community Development: The platform encourages community development and has received positive feedback from community developers.

• Blockchain Technology: Fetch.ai leverages blockchain technology to allow users to deploy autonomous agents.

• Automated Tasks: Fetch.ai uses artificial intelligence to help people automate everyday tasks such as booking a parking space or a flight.

Fetch ai Pricing

Fetch.ai is an open platform and it is free to use, to know more about pricing, you can check the website.

Fetch ai Usages

• Industrial Applications: Fetch.ai has potential applications in the areas of mobility and IoT.

• Automated AI Services: Offers a platform for developing AI-driven solutions for data analysis and complex problem-solving, aimed at enhancing business intelligence and operational efficiency.

• Smart Infrastructure: Facilitates the creation of smarter, more efficient city and transportation systems through AI, improving urban living and reducing environmental impact.

• Decentralized Finance (DeFi): Utilizes AI and blockchain to innovate financial services, offering more secure, transparent, and efficient financial transactions.

• Supply Chain Optimization: Employs AI to streamline logistics and supply chains, improving accuracy, reducing costs, and enhancing overall supply chain management.

Fetch ai Launch and Funding

Fetch.ai was founded by Toby Simpson, Humayun Sheikh, and Thomas Hain in 2017. Humayun Sheikh is the current CEO. Fetch.ai raised $61.9 million in 4 rounds, with the latest Series C round of $40 million on Mar 29, 2023.

Fetch ai Competitors

• Appmakerstore: A SaaS and custom app development company that enables users to create mobile business apps for various platforms like iOS, Android, PWP, and Webpage.

• OneAI: An API-first, language AI service built for developers. It transforms texts into structured data and helps to summarize, tag, and analyze language.

• AlphaDev: An AI system developed by Google DeepMind that discovers enhanced computer science algorithms using reinforcement learning. It’s based on AlphaZero.

Fetch AI Limitations

• Complexity for Users: Integrating AI with blockchain can be complex, possibly deterring non-technical users.

• Scalability Challenges: As the network expands, maintaining efficiency and speed becomes more challenging.

• Adoption Requirements: The platform's success relies heavily on widespread adoption across industries for full potential realization.