Tether, the stablecoin issuer of USDT, has revealed its foray into the artificial intelligence (AI) sector. With a market capitalization of over $104 billion, the company launches ‘Tether Data,’ a new division focused on pioneering open-source, multimodal AI models. This program targets the use of AI solutions in commercially driven products, which the industry has been requesting in terms of more transparency and privacy.
The entry of Tether Data shows an important moment for the company, which is usually characterized by its investments in different areas such as renewable telecommunication, energy, and bitcoin mining. Tether CEO Paolo Ardoino pointed out AI’s transformative nature in real and digital worlds. The establishment of this division is a new turn for Tether, where the company will be on track with AI and privacy-preserving technology.
Tether’s Cooperative Push for AI Innovation
A key element in Tether Data’s mission is the creation of open-source AI models. This
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