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Tether expands AI focus, welcomes top talent to fuel innovation
Cryptocurrency firm Tether has announced a strategic expansion of its AI focus, which the company says positions itself at the forefront of innovation.
According to a statement from the company, this significant move underscores its dedication to advancing AI accessibility and efficiency, further solidifying its role as a pioneer in shaping the future of technology.
With a market capitalization exceeding $100 billion for its core product USDt and a reputation for strategic investments in diverse sectors, including renewable peer-to-peer telecommunications, energy and bitcoin mining, Tether continues to demonstrate its commitment to innovation. As concerns grow over the monopolization of AI technologies by Big Tech, Tether data, with this announcement, is stepping forward to champion transparency and privacy in AI model development.
The expansion of Tether data’s AI focus will focus on several key areas. Firstly, Tether data plans to pioneer the development of open-source, multimodal AI models to set new industry standards, driving innovation and accessibility within AI technology. It will also lead collaborations to integrate AI solutions seamlessly into market-driven products, leveraging the technology to address real-world challenges. Lastly, actively engaging with the broader ecosystem through community contributions, Tether data seeks to advance the field of open AI while showcasing its innovative projects.
Moreover, Tether data is also announcing a global recruitment drive for top-tier talent to contribute to its burgeoning AI division. This expansion into cutting-edge technology domains marks a significant milestone for the company.
"Artificial intelligence stands poised to revolutionize nearly 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 and high-performance technologies, aligns perfectly with our vision. Today's announcement establishes a new division within Tether, redefining AI boundaries and democratizing privacy-preserving open AI technology while setting industry benchmarks for innovation, utility, and transparency."
