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Tether Operations Limited (Tether), the largest player in the cryptocurrency space, has announced a strategic expansion of its focus on AI to stay at the forefront of innovation.
This move further solidifies Tether’s position as a leader in influencing the direction of technology and highlights the company’s commitment to improving the efficiency and accessibility of AI.
To ensure effortless growth, Tether Data is also running a global recruitment campaign targeting elite talent in the AI sector.
Tether continues its commitment to innovation as its flagship product, USDt, approaches a market valuation of $100 billion. It is also known for making smart investments in a variety of industries, including peer-to-peer renewable energy, Bitcoin mining, and telecommunications.
With this announcement, Tether Data strengthens its support for transparency and privacy in AI model creation, as concerns grow over Big Tech’s monopoly of AI technology.
Tether Data’s AI focus will also expand to other important areas. First and foremost, Tether Data intends to lead the creation of open-source, multimodal AI models that establish new benchmarks in the field and foster accessibility and innovation in AI technology.
Additionally, you will lead partnerships to seamlessly integrate AI solutions into market-driven products and leverage technology to solve real-world problems. Last but not least, Tether Data actively participates in the larger ecosystem with community contributions, with the aim of showcasing its creative ideas and further developing the field of open AI. .
Paolo Ardoino, CEO of Tether, said: “Artificial intelligence is poised to revolutionize nearly every aspect of our lives, both in the physical and digital worlds.” The investment is fully aligned with our vision.”
He said today’s announcement marks the launch of a new division within Tether that will push the boundaries of AI, make open AI technology that protects privacy available to everyone, and drive innovation and innovation in the industry. It sets a new standard of practicality and transparency.
Also read: Tether and US authorities recover $1.4 million in illegal funds
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