Tether Ventures into AI Realm with Focus on Transparency and Privacy

The
blockchain
company
Tether,
known
for
its
USDT
cryptocurrency,
has
announced
its
expansion
into
the
realm
of
artificial
intelligence.
The
company
revealed
its
intentions
on
Tuesday,
stating
that
this
move
is
aimed
at
enhancing
the
accessibility
and
efficiency
of
AI
technologies.
Tether’s
approach
to
AI
will
emphasize
the
development
of
open-source,
multimodal
AI
models
and
the
establishment
of
new
industry
standards.

Tether’s
Strategic
Expansion
into
AI

Paolo
Ardoino,
the
CEO
of
Tether,
expressed
his
enthusiasm
about
the
potential
of
AI
to
transform
various
aspects
of
our
lives,
both
in
the
physical
and
digital
domains.
He
stated,
“Artificial
intelligence
stands
poised
to
revolutionize
nearly
every
facet
of
our
lives,
both
in
the
real
and
digital
worlds.”
Tether’s
recent
investment
in
Northern
Data
Group,
a
firm
renowned
for
its
robust
and
high-performance
technologies,
aligns
with
the
company’s
vision
for
AI.

In
November,
Tether
invested
a
significant
sum
of
$622.6
million
in
Northern
Data
Group,
a
Frankfurt-based
technology
company
specializing
in
generative
AI
cloud
platforms,

Bitcoin
mining
operations,
and
data
center
infrastructure.
This
investment
underscores
Tether’s
commitment
to
advancing
AI
technology.

Tether’s
Commitment
to
AI
Innovation
and
Transparency

As
part
of
its
AI
initiative,

Tether
has
announced
new
job
openings
within
its
Tether
Data
division,
including
positions
for
an
AI
Engineer
and
Head
of
AI
Research
and
Development.
These
roles
are
primarily
remote,
with
Tether’s
office
locations
spanning
across
major
cities
such
as
Paris,
Madrid,
London,
and
Milan.

Tether’s
focus
on
AI
also
aims
to
address
concerns
over
the
monopolization
of
AI
technologies
by
large
tech
corporations.
The
company
is
stepping
forward
to
advocate
for
transparency
and
privacy
in
the
development
of
AI
models.

Despite
facing
scrutiny
last
year
for
failing
to
disclose
its
connections
to
Chinese
companies,
Tether
has
continued
to
grow
and
innovate.
Originally
launched
as
“Realcoin”
in
late
2014,
Tether
Limited
rebranded
its

cryptocurrency
to
USDT.
USDT
is
currently
the
third-largest
cryptocurrency
by
market
capitalization,
trailing
behind
Bitcoin
and
Ethereum.
Unlike
its
counterparts,
USDT
is
a
stablecoin,
designed
to
maintain
a
stable
value
pegged
to
the
U.S.
dollar,
currently
trading
at
$0.99
according
to

CoinGecko.

#tether
is
hiring
a
head
of
AI
R&D
and
AI
engineers.
Mind-blowing
flow
of
projects
and
investments
in
the
pipeline.

Tether
has
recently
secured
an
important
investment
into
one
of
the
biggest
AI
infrastructure
providers
in
the
world…
so
access
to
AI
compute
(GPUs,
…)
won’t…

https://t.co/AhIJMYmXaI

—
Paolo
Ardoino
????
(@paoloardoino)

March
26,
2024

The
intersection
between
AI
and
cryptocurrency
is
becoming
increasingly
prominent
as
AI
continues
to
disrupt
various
business
sectors.
Companies
like
Nvidia
have
successfully
navigated
both
industries,
achieving
record
profits
and
stock
prices.
Although
USDT
is
not
specifically
focused
on
AI,
the
broader
cryptocurrency
market,
including
AI
tokens,
has
experienced
significant
growth
since
the
launch
of
Bitcoin
ETFs
in
January.
Tokens
such
as
Fetch
AI’s
FET,
SingularityNET’s
AGIX,
and
Ocean
Protocol’s
OCEAN
have
all
seen
notable
increases
in
their
trading
values
over
the
past
week.

Green
Bitcoin:
A
Fresh
Take
on
Sustainable
Cryptocurrency
Investing

This
year,
the
cryptocurrency
scene
is
buzzing
with
the
arrival
of

Green
Bitcoin,
a
new
player
that’s
setting
itself
apart
with
its
eco-friendly
approach
and
a
unique
“Predict
to
Earn”
staking
mechanism.
This
innovative
feature
empowers
investors
to
accumulate
rewards
by
forecasting
the
price
fluctuations
of
Bitcoin.
What’s
more,
long-term
holders
are
in
for
a
treat,
as
they
can
rake
in
additional
APY
rewards.

Participants
in
the
staking
program
are
eligible
for
bonus
rewards
ranging
from
5%
to
15%,
depending
on
the
length
of
their
staking
period.
This
setup
ensures
that
investors
can
still
come
out
ahead,
even
if
their
price
predictions
don’t
hit
the
mark.
With
a
substantial
27.5%
of
its
total
supply
earmarked
for
staking,
Green
Bitcoin’s
presale
has
already
made
a
splash,
raking
in
over
$1.1
million.
This
strong
start
underscores
its
growing
influence
in
the
niche
market
of
environmentally
conscious
cryptocurrencies.

Visit
Green
Bitcoin
Presale

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