Tether’s Important Move in Artificial Intelligence Sector

Parallel to the rapid developments in the artificial intelligence sector, Tether, the issuer of USDT, announced that it has established its own AI division in order to strengthen its presence in the sector. The company aims to hire the “best talents” in this field and focuses on developing open-source and accessible AI technologies. Tether’s efforts in this area aim to bring a new dimension to the artificial intelligence sector. New AI Division and Hiring Goals Tether wants to create teams that will follow innovations and lead the development by selecting experts to join its artificial intelligence team. The company clearly expresses this intention with two job postings it published. Past Artificial Intelligence Investments Tether had also taken steps in the past to strengthen its artificial intelligence operations. In September 2023, the company had invested in German data center operator Northern Data, providing significant support by issuing debt financing of $610 […]

Tether’s Important Move in Artificial Intelligence Sector

Parallel to the rapid developments in the artificial intelligence sector, Tether, the issuer of USDT, announced that it has established its own AI division in order to strengthen its presence in the sector. The company aims to hire the “best talents” in this field and focuses on developing open-source and accessible AI technologies. Tether’s efforts in this area aim to bring a new dimension to the artificial intelligence sector.

New AI Division and Hiring Goals

Tether wants to create teams that will follow innovations and lead the development by selecting experts to join its artificial intelligence team. The company clearly expresses this intention with two job postings it published.

Past Artificial Intelligence Investments

Tether had also taken steps in the past to strengthen its artificial intelligence operations. In September 2023, the company had invested in German data center operator Northern Data, providing significant support by issuing debt financing of $610 million.

Tether CEO Paolo Ardoino stated that the investment in Northern Data is in line with the company’s vision and emphasized that Tether has created a new division for expanding the boundaries of artificial intelligence and setting new standards for the industry.

According to recent calculations, USDT, issued by Tether, holds a leading position in the sector with 70.5% of the stablecoin supply. Tether’s success ranks it third in terms of market capitalization, behind Ethereum.

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how to buy crypto?
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