Freight Technologies, Inc. (NASDAQ: FRGT) witnessed heightened investor interest in its latest trading session, with shares climbing 10.61% to close at $2.19. The surge follows the company’s announcement of a major development in its artificial intelligence (AI) strategy through an expanded collaboration with Fetch.ai.
Top 5 Tech Stocks to Buy in 2024
Don't let the chaos of rising interest rates, potential recession, tighter credit issues, higher oil prices, and incessant geopolitical issues chase you from the markets. Instead, just wait it out. With too much fear in the market, go bargain hunting with tech stocks. We have complied a report with the five of the best ways to profit within this industry.
"Top 5 AI Stocks to Buy in 2024."
Click here to sign up for our free report & newsletter, plus bonus offer "Elon Musk just Tiggered a BOOM in These Stocks"
Sponsored
Freight Technologies has now deployed AI-powered voice agents via Agentverse, Fetch.ai’s decentralized platform for autonomous agents, supported by its flagship agentic large language model (LLM), ASI:One.
Deployment of AI Voice Agents via Agentverse
This strategic implementation marks a significant step in Freight Technologies’ transition to decentralized, intelligent logistics solutions. The company’s internal AI Lab conducted thorough simulations to evaluate multiple agent configurations under real-world logistics conditions.
The ASI1-Fast Agent—part of the ASI:One suite—proved to be the most effective, showing exceptional fluency and accuracy in natural language processing, particularly in Spanish, a key language for many of the company’s partners.
Strong Performance Metrics Validated
Key outcomes from internal testing demonstrated a 69% exact match rate with human-verified responses, a Levenshtein similarity score of 0.9 (indicating close alignment with intended phrases), and a fluency ratio of 2.5, highlighting natural conversation capabilities.
These AI voice agents have the ability to extract structured data such as driver names, license plate numbers, and tractor IDs, positioning them as powerful tools for automating real-time logistics tasks. A pilot phase for the ASI1-Fast Agent, integrated with LiveKit WebRTC for real-time communications, is now underway.
Toward Scalable, Autonomous Freight Systems
With its integration into Agentverse, Freight Technologies’ voice agents are now fully autonomous—capable of learning from and interacting with logistics data without human intervention. This evolution supports automation across the company’s digital platforms, including its Fleet Rocket transportation management software and Fr8App freight marketplace.
Freight Technologies and Fetch.ai plan to extend the use of decentralized AI agents into areas such as predictive routing, automated load tendering, and smart contract management.
