Tether is strengthening its position in shaping the future of artificial intelligence by emphasizing innovation with a new AI-focused division. With this move, Tether plans to set industry standards and pioneer collaborations while leading the development of multi-modal AI models.

Tether, one of the cryptocurrency industry’s largest companies, announced that it is strategically expanding its AI focus and positioning itself at the forefront of innovation. This important move highlights Tether’s goal to increase the accessibility and efficiency of AI, further strengthening its position to shape the future of technology.

Recognized for its market capitalization of over $100 billion for its core product USDt and strategic projects in various sectors, including renewable peer-to-peer telecommunications, energy, bitcoin mining, Tether continues to invest in this area. As concerns grow about the monopolization of AI technologies by Big Tech, Tether aims to take an important step to support transparency and privacy in the AI model development process.

Tether plans to pioneer the development of multi-modal AI models

Tether is expanding its AI focus in several key areas. First, the company plans to pioneer the development of open-source, multi-modal AI models to set new industry standards and drive innovation and accessibility in AI technology. It will also pioneer collaborations to seamlessly integrate AI solutions into market-driven products. The company plans to leverage technology to tackle real-world challenges, actively engaging with the broader ecosystem through community contributions to showcase its innovative projects and advance the field of AI.

Tether also announced a global recruitment campaign for top talent to contribute to its burgeoning AI division. This expansion into cutting-edge technology areas marks an important milestone for the company.

“Our investment in Northern Data Group is perfectly aligned with our vision”

Commenting on Tether’s investments in artificial intelligence, Paolo Ardoino, CEO of Tether, said, “Artificial intelligence is poised to revolutionize nearly every aspect of our lives, in both the real and digital worlds. Our investment in Northern Data Group, a company known for robust and high-performance technologies, aligns perfectly with our vision. It redefines the boundaries of artificial intelligence by creating a new division within Tether. And by democratizing open AI technology that protects privacy, Tether is setting industry benchmarks for innovation. These criteria are usability and transparency.”