Fetch.ai has announced a $10 million accelerator aimed at supporting startups that focus on AI agents, quantum computing, and high-performance technology. This initiative, operating through the company's Innovation Lab, seeks to bridge research with practical applications, offering funding, mentorship, and access to its agent-based technologies. The accelerator, based in hubs across San Francisco, London, and India, will include boot camps and workshops in collaboration with institutions like MIT’s Web.lab. Accepting startups will receive customized support utilizing Fetch.ai’s AI agent technologies, which are anticipated to transform software interfaces. CEO Humayun Sheikh emphasized the role of AI agents in taking over traditional APIs and facilitating complex workflows. The accelerator will feature year-round programs and innovation competitions, allowing startups to pitch ideas to investors. Sheikh also highlighted the significance of AI agents within the ASI Alliance, a partnership to promote decentralized AI development. However, skepticism exists in the community regarding the potential bubble in AI agent markets, with caution advised against overvaluation.

Source 🔗