Tether Operations Limited, one of the leading companies in the cryptocurrency industry, announced a strategic shift into artificial intelligence (AI) on March 26th, 2024.
This move signals the company’s interest in expanding its technological influence extending further than cryptocurrency, as reported by Tether.
“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.”
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Tether data focuses on transparency
The company has gained recognition for its strategic ventures across diverse sectors, including renewable peer-to-peer telecommunications, energy, and bitcoin mining.
Tether is known for its USDT stablecoin, whose current market capitalization hovers around the $100, according to the CoinMarketCap index.
Among increasing concerns surrounding Big Tech‘s dominance over AI technologies, Tether Data steps confidently into the fray, prioritizing the creation open-source creation, multi-modal AI models.
This approach could potentially increase accessibility and encourage further innovation within the AI field.
Additionally, Tether data plans to collaborate with others to integrate these AI solutions into practical applications.
Global talent hunt
To build a strong AI team, Tether Data has launched a worldwide search for qualified professionals in AI research, programming, and development.
The specific skillsets company seeks in its ideal candidates haven’t been publicly disclosed, but the focus on attracting top talent suggests an ambitious approach to its AI endeavors.
This global recruitment effort positions Tether Data as a more involved participant in the evolving field of AI, with the potential to contribute to future advancements in the technology.
Starting today, Tether Data invites talented individuals passionate about AI to explore career opportunities on its careers page.
