Tether, the issuer of stablecoin USDT, announced on Tuesday (26th) its strategy expansion in the field of artificial intelligence (AI) and initiated the 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 to tackle real-world challenges. The department has already started recruiting positions such as AI research head and AI engineers.
Paolo Ardoino, CEO of Tether, stated in the announcement that the department will “redefine the boundaries of AI and democratize open AI technology with privacy protection.”
The newly established department continues Tether’s AI strategy expansion that started last year when Tether invested in Northern Data, a company listed on the Frankfurt Stock Exchange that transitioned from cryptocurrency mining to providing computational power for AI-related data processing.
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