Freight Technologies Boosts AI Collaboration with Fetch.ai

Transforming Logistics with AI-Powered Voice Agents

Freight Technologies, Inc. (Nasdaq: FRGT), also known as Fr8Tech, is making significant advancements in artificial intelligence (AI) to enhance logistics operations. The organization has teamed up with Fetch.ai to implement AI-driven voice agents utilizing the Agentverse platform and ASI:One model. This strategic partnership marks a pivotal moment in Fr8Tech's evolution into more intelligent, decentralized logistics systems, thereby solidifying its position within the dynamic AI-driven supply chain landscape.

Exceptional Performance of Voice Agents in Testing

The in-house AI team at Fr8Tech has rigorously tested various configurations of their AI voice agents in simulations that mirror real-world logistics environments. Among these, the ASI1-Fast Agent showcased remarkable success, particularly in Spanish language interactions—an essential feature for Fr8Tech's clientele. These tests revealed that the agent achieved a 69% exact match rate against human-verified responses, a significant accomplishment in voice recognition technology.

Accuracy and Fluency in Communication

In addition to the impressive match rate, the ASI1-Fast Agent demonstrated a 0.9 Levenshtein similarity score and a 2.5 fluency ratio. These statistics indicate the agent's effectiveness in generating responses that align closely with human conversational patterns. The ability of these agents to pinpoint structured data—such as license plate numbers and driver identities—paves the way for automation in logistics tasks, adding tremendous value to Fr8Tech's operational capabilities.

Revolutionizing Logistics with Decentralized AI

As Fr8Tech transitions to Fetch.ai’s Agentverse, their voice agents gain full autonomy, enabling them to communicate and infer from logistics data independently. This transition heralds a new chapter of smart automation within Fr8Tech’s digital frameworks. By integrating voice agents into its platforms, such as Fleet Rocket and Fr8App, Fr8Tech enhances its freight solutions considerably.

Building a Smart Future with Intelligent Automation

According to Javier Selgas, CEO of Fr8Tech, the integration of ASI:One into voice bots signifies a leap toward scalable and intelligent logistics systems. Internal test results confirm that the ASI1-Fast Agent excels in capturing voice-based data effectively. Deploying these agents in the Agentverse sets the foundation for automating crucial workflows throughout the logistics ecosystem.

Continued Growth and Strategic Collaboration

Looking to the future, Fr8Tech and Fetch.ai are committed to broadening the application of decentralized AI agents across various logistics functions, which may include automated load tendering and predictive routing. The landscape of supply chain operations is evolving, and with innovative partnerships like this, Fr8Tech is positioned to lead the way.

About Freight Technologies Inc.

Freight Technologies (Nasdaq: FRGT), known colloquially as Fr8Tech, specializes in providing advanced platform solutions that leverage AI and machine learning to streamline supply chain processes. Their comprehensive suite of solutions addresses the unique challenges within the logistics ecosystem, including the Fr8App platform for seamless borderless shipping and Fr8Now for less-than-truckload (LTL) shipping. The interconnectivity of their offerings fosters enhanced matching and operational efficiency in the transport sector.

About Fetch.ai

Fetch.ai is pioneering advancements in AI through its innovative agent-based technology. By providing an infrastructure that allows developers and businesses to harness AI for new applications, Fetch.ai drives the creation of intelligent connections within various sectors, fundamentally transforming user experiences and service delivery.

Frequently Asked Questions

What is the main focus of the collaboration between Fr8Tech and Fetch.ai?

The collaboration centers on utilizing AI-powered voice agents to enhance logistics services and automate key operations within the supply chain.

How does the ASI1-Fast Agent perform in terms of voice recognition?

The ASI1-Fast Agent has shown a 69% exact match rate with human responses, indicating high accuracy and effectiveness in voice interactions.

What benefits do these AI voice agents provide for logistics?

These agents can automate data extraction tasks, streamlining processes such as driver identification and vehicle data capture, thereby enhancing operational efficiency.

What does the future hold for Fr8Tech in terms of AI integration?

Fr8Tech aims to further expand the use of AI agents in diverse logistics functions, boosting automation, predictive analytics, and overall efficiency in supply chain operations.

Why is the partnership between Fr8Tech and Fetch.ai significant?

This partnership highlights the transformative potential of AI in logistics, paving the way for innovative applications that can reshape how supply chains operate globally.

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