A Tether, issuer of the largest stablecoin in the USDT market, announced, on March 26, its expansion and greater focus on Artificial Intelligence (AI). The company's announced strategic expansion of Tether data's AI focus will be concentrated in several key areas, according to the official statement.
The USDT issuer has revealed its plans to pioneer the development of open-source, multimodal AI models to set new standards in the industry.
“First, Tether Data plans to pioneer the development of open-source, multimodal AI models to establish new industry standards, driving innovation and accessibility within AI technology. You will also lead collaborations to seamlessly integrate AI solutions into market-driven products, leveraging technology to address real-world challenges. Lastly, by actively engaging with the broader ecosystem through community contributions, Tether Data seeks to advance the field of open AI while showcasing its innovative projects,” he said.
Additionally, the company stated that Tether data is also heralding a global high-level talent recruitment campaign aimed at contributing to its growing AI division. For Tether, this expansion into cutting-edge technology domains represents a significant milestone for the company.
“Artificial intelligence is poised to revolutionize almost every facet of our lives, both in the real and digital worlds,” said Paolo Ardoino, CEO of Tether. “Our investment in Northern Data Group, known for resilient, high-performance technologies, aligns perfectly with our vision. Today’s announcement establishes a new division within Tether, redefining the boundaries of AI and democratizing privacy-preserving open AI technology while establishing industry benchmarks for innovation, utility, and transparency.”
Tether Expands AI Focus, Welcomes Top Talent to Fuel Innovation
Read more: https://t.co/U59TVeA4BC
— Tether (@Tether_to) March 26, 2024
