Tether, the issuer of stablecoin USDT, announced on Tuesday the expansion of its strategy in the field of artificial intelligence (AI) and the launch of its AI department, tether data. Tether data will focus on the development of open-source AI models and collaborate with other companies to integrate the models into products to address real-world challenges. The department has started recruiting positions such as AI research lead and AI engineer. Tether CEO Paolo Ardoino stated in the announcement that the department will “redefine the boundaries of artificial intelligence and democratize open-source AI technology with privacy protection.” The newly established department continues Tether’s AI strategy expansion started last year when Tether invested in Northern Data, a company listed on the Frankfurt Stock Exchange that transformed from cryptocurrency mining to providing computing power for AI-related data processing. Source:
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