Tether expands its AI activities with the Tether Data project

Tether intends to “set new industry standards” with its artificial intelligence (AI) project activities.

Tether Operations Limited, the blockchain and cryptocurrency company behind the Tether stablecoin, has announced a strategic expansion focusing on artificial intelligence (AI) along with a global recruitment effort of “top” talent for the department. its AI department.

According to an announcement from Tether, the strategic focus on expansion comes amid concerns “about Big Tech's monopoly on AI technology.” The company said its Tether Data division “is moving to protect transparency and privacy in AI model development.”

Tether also said the company's strategic AI expansion will build on previous activities, including its recent investment in Northern Data Group.

The new move underscores Tether 's commitment to promoting the accessibility and effectiveness of AI, further cementing Tether 's pioneering Vai in shaping the future of technology.

Tether has taken a three-pronged approach. The first part of the plan is to “pioneer the development of open-source, multi-modal AI models to establish new industry standards, driving innovation and accessibility in AI technology.”

The next phase of expansion includes leading collaborations to bring products and services to market and “leveraging technology to solve real-world challenges.”

Finally, Tether plans to actively participate in the “broader ecosystem through community contributions” to showcase its products and “advance the field of open AI.”

The company also announced a global recruitment drive to find “top” talent for its AI division. Tether Data's careers page shows two available positions, one for an AI engineer and the other for an AI head. Both locations are in Europe.

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