{"id":554857,"date":"2023-02-21T17:00:00","date_gmt":"2023-02-21T14:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bosch-partners-in-100-million-web3-development-foundation\/"},"modified":"2023-02-21T17:00:00","modified_gmt":"2023-02-21T14:00:00","slug":"bosch-partners-in-100-million-web3-development-foundation","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bosch-partners-in-100-million-web3-development-foundation\/","title":{"rendered":"# Bosch partners in $100-million Web3 development foundation"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a28eab638cc5\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a28eab638cc5\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/bosch-partners-in-100-million-web3-development-foundation\/#%E2%80%9D_Bosch_partners_in_100-million_Web3_development_foundation_%E2%80%9C\" >&#8221; Bosch partners in $100-million Web3 development foundation &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Bosch_partners_in_100-million_Web3_development_foundation_%E2%80%9C\"><\/span>&#8221; Bosch partners in $100-million Web3 development foundation &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDIvMWFkNDQxYzktMDBmOC00MDgxLWIyMmQtNTAwYjU2MmYzOTRlLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-48054ca8>$100 million is being earmarked for a grant program funding the development of Web3, artificial intelligence (AI) and decentralized technologies in a partnership between Bosch and Fetch.ai.<\/p>\n<p>The two companies are collaborating to create the Fetch.ai Foundation, which will aim to fuel industrial adoption of innovative software, AI and Web3 technologies. The initiative will fund research and develop decentralized technologies for real-world use cases.<\/p>\n<p>The program will provide $100 million in grants to fund the long-term development of Web3-based solutions and services for the mobility, industrial <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> and consumer industries. An announcement shared with Cointelegraph indicates that\u00a0the grant program will invest in select companies and partners over a three-year period.<\/p>\n<p>Fetch.ai is a Cambridge-based artificial intelligence firm developing a decentralized machine learning network that has worked alongside the global engineering and technology company Bosch. The latter provides a host of  Internet of Things (IoT) solutions and notes that a strategic objective is to facilitate the development of AI-powered products and <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>liances. It is also exploring Web3 technologies as part of this ongoing endeavor.<\/p>\n<p>The Fetch.ai Foundation board will feature members from both Bosch and Fetch.ai and will look to fund specific businesses and companies in the industrial AI space. Fetch.ai Foundation chairperson Peter Busch said Bosch is interested in harnessing developing technologies:<\/p>\n<blockquote><p>\u201cBosch as one of the worldwide leaders in industrial engineering and mobility solutions sees the\u00a0huge need for smarter technologies and governance to cope with the challenges coming with\u00a0ever more connected ecosystems regarding safety\/security, privacy, and data ownership.\u201d<\/p><\/blockquote>\n<p>Busch said that the combination of Web3, AI and open-source technologies with classic engineering is a key driver of the foundation\u2019s mission through its grant program. Bosch and Fetch.ai first partnered up in February 2021 to launch a multi-purpose blockchain network focused on Web3 capabilities incorporating AI and IoT.\u00a0<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"crypto_biz\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/bosch-partners-in-100-million-web3-development-foundation\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Bosch partners in $100-million Web3 development foundation &#8220; $100 million is being earmarked for a grant program funding the development of Web3, artificial intelligence (AI) and decentralized technologies in a partnership between Bosch and Fetch.ai. The two companies are collaborating to create the Fetch.ai Foundation, which will aim to fuel industrial adoption of innovative&#8230;<\/p>\n","protected":false},"author":1,"featured_media":554858,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/1ad441c9-00f8-4081-b22d-500b562f394e.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[77337,74894,75719,93542,74355],"class_list":["post-554857","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-ai","tag-blockchain","tag-funding","tag-web3","tag-adoption"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/554857","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=554857"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/554857\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/554858"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=554857"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=554857"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=554857"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}