Stablecoin Issuer Tether’s CEO Announces Launch of Tether AI
Paolo Ardoino, the CEO of stablecoin issuer Tether, announced that its artificial intelligence product Tether AI is set to launch. It is described as a “fully open-source AI execution environment,” aimed at operating on any hardware and device, and integrating cryptocurrency payment functions through Tether’s Wallet Development Kit (WDK).
Ardoino explained Tether AI’s vision on the social platform X:
According to information from Tether’s official website, Tether AI may also integrate its peer-to-peer communication application Keet and other data tools in the future.
In recent years, Tether has actively ventured into the field of artificial intelligence. To strengthen its AI layout, Tether invested in the German data center operator Northern Data in September 2023. Two months later, Tether will increase its debt financing to the company to $610 million.
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