peaq recently announced a partnership with the Fetch.ai Foundation, disclosed on their respective official accounts. The collaboration aims to unlock new possibilities for all parties involved, exploring synergies across various industries like energy management, smart mobility, data crowdsourcing, and Web access.

The Fetch.ai Foundation, a collaboration between Bosch and Fetch.ai, with a $100 million foundation, has been redefining industry standards for years. peaq sees AI as a powerful tool for devices, machines, DePINs, and users, as demonstrated by Bosch and Fetch.ai at the previous IAA Mobility event.

peaq's DePIN-centric L1 Blockchain will enhance the Bosch x Fetch.ai collaboration. Fetch.ai's DePIN-ready AI agents complement Bosch's sensor manufacturing capabilities. With peaq's addition, the trio is poised to make significant strides across various domains.

Humayun Sheikh, Fetch.ai's founder, expressed enthusiasm for the collaboration, highlighting Fetch.ai's commitment to leveraging Blockchain and AI for business and individual empowerment. He believes the partnership will unlock their full potential, fostering a user-centric, decentralized world.

Peter Busch, Bosch's product owner for DLT, emphasized peaq's role as a building block for the Economy of Things industry. He looks forward to elevating AI-backed decentralized autonomy with Fetch.ai and peaq.

The Blockchain community has responded positively to the partnership, anticipating significant success given the stature of the involved parties.