The issuer of stablecoin USDT, Tether, announced on Tuesday (26th) its strategic expansion into the field of artificial intelligence (AI) and initiated recruitment for its AI department, tether data.
Tether data will focus on the development of open-source AI models and collaborate with other companies to integrate these models into products, in order to tackle real-world challenges. The department has already started recruiting positions such as AI research lead and AI engineer.
Paolo Ardoino, CEO of Tether, stated in the announcement that the department will “redefine the boundaries of AI and democratize open-source AI technology with privacy protection.”
This newly established department continues Tether’s AI strategy expansion that began last year, when Tether invested in Northern Data. The company, listed on the Frankfurt Stock Exchange, transformed from cryptocurrency mining operations to providing computational capabilities for AI-related data processing.
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