Bitget has pledged $10 million for the development of the Fetch.ai ecosystem, the cryptocurrency derivatives exchange announced on April 27.
Fetch.ai provides the infrastructure to create standalone services. Its main product is the Artificial Intelligence (AI) Agent Network, a decentralized network of autonomous agents that can perform various tasks, such as data analysis and complex financial modeling. The project also offers a smart wallet with automation and integration with OpenAI’s ChatGPT API. The artificial intelligence chatbot surpassed 100 million users in January 2023, just months after its launch.
Commenting on the pledge, Bitget cited the recent hype generated by ChatGBPT, which raises “more possibilities of this technology to enhance human productivity and creativity.” Regarding the nature of the partnership with Fetch.ai, Bitget said it would “provide marketing consultation” and other services to help the AI infrastructure provider expand its business partnerships.
Related: Binance integrates ChatGPT into its Web3 Academy
According to CoinGecko, Bitget is currently the eighth largest crypto spot exchange in the world, with a daily trading volume of $990 million. The Seychelles-based exchange serves over 8 million users in over 100 countries and regions.
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