Financial institutions, enterprise software companies and APAC technology leaders are joining efforts to develop open standards for agentic AI.

The Agentic AI Foundation has added 57 organisations over the past three months, bringing total membership to 247 as demand grows for open and interoperable infrastructure for autonomous AI agents.

The new members comprise three Gold, 33 Silver and 21 Associate organisations and span financial services, enterprise technology, research institutions and major Asia-Pacific companies. The announcement was made during the MCP Dev Summit in Seoul on 13 August.

Alibaba, Visa and Wells Fargo have joined as Gold Members. Their participation reflects growing interest from major financial and technology companies in common standards governing how AI agents interact across platforms and services.

The Agentic AI Foundation says interoperability is becoming particularly important in compliance-sensitive sectors such as banking, payments and supply chain management, where agents may need to communicate across organisational and technical boundaries.

Asia-Pacific participation is also expanding. New and existing members include Alibaba, NHN KCP, Coocon, Galaxia Moneytree and South Korea’s Electronics and Telecommunications Research Institute, while further community events are planned in Japan and China in September.

Among the 33 new Silver Members are Asana, Boomi, Datavant, MathWorks, Postman, Pulumi and Silver Lake. Associate additions include the Center for Democracy & Technology, CERN, Stanford University, Lancaster University and Georgia Tech Applied Research Corporation.

Visa said common infrastructure will be important as AI agents play a growing role in commerce, while Wells Fargo highlighted governance, transparency and accountability alongside interoperability. Alibaba said it intends to contribute expertise in large-scale AI systems, open-source models and cloud computing.

The Agentic AI Foundation describes itself as the neutral home for an open standard agentic AI stack. Its founding projects include MCP, goose, AGENTS.md and agentgateway, which are intended to help agents operate across different platforms through shared standards and protocols.

The foundation’s recent Agentic AI Momentum Report tracks 116 open-source projects across five layers of the agentic AI stack, which it says reflects an increasingly mature and interconnected ecosystem.

Why does it matter?

The expansion of the Agentic AI Foundation shows that interoperability is becoming a central issue as businesses move from standalone AI assistants towards agents that transact, communicate and operate across multiple systems. Participation from banks, payment networks and major APAC technology companies could accelerate efforts to establish common infrastructure before fragmented proprietary standards become entrenched.

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