Fetch.ai, a Web3 protocol focused on artificial intelligence, has received a $40 million investment from DWF Labs. This round of financing will be used to deploy decentralized machine learning, autonomous agents, and network infrastructure.

Last month, Fetch.ai partnered with electronics giant Bosch to lay the groundwork for research and development of real-world use cases for blockchain technology in areas such as transportation, hospitality and commerce. (CoinDesk)