Fetch.ai announces the establishment of an innovation laboratory aimed at advancing the development of AI smart agent solutions to enhance technological value for businesses and consumers. The laboratory will provide funding, expert guidance, and strategic support, organize competitions, and offer rapid development opportunities to foster innovation. Fetch.ai commits to investing $10 million annually to support projects focused on building AI smart agents. Additionally, Fetch.ai has launched the 'Innovation Ambassador Club' and 'Intern Incubator Program' to promote innovation within the ecosystem and support talent.