Get ready for a rollercoaster ride as Tether’s CEO, Paolo Ardoino, takes the stablecoin giant on an adventure into the world of artificial intelligence (AI)!
Yup, you heard it right! Tether Data, the company’s upcoming AI platform, is set to launch by March 2025. And boy, do they have some exciting plans!
Tether’s AI Push: A New Era of Artificial Intelligence?
Say hello to AI Translate, AI Voice Assistant, and an AI Bitcoin Wallet Assistant. These nifty applications will run on Bare, a JavaScript runtime by Holepunch. And guess what? They’ll work on everything from budget smartphones to high-performance laptops!
But wait, there’s more! Tether’s open-source AI SDK is also built on Bare, ensuring seamless operation across all hardware types. And the cherry on top? Tether Data’s applications prioritize local device operation for full privacy and self-custody of data and funds.
Tether’s AI aspirations started back in 2023 when they invested in Northern Data, a cloud computing and AI firm. And in December, Ardoino teased the draft of the Tether AI platform’s website. Talk about being ahead of the game!
Tether’s AI Ambitions: A Bold Move or a Risky Bet?
Sure, Tether is known for its USDT stablecoin, but under Ardoino’s leadership, they’ve been dipping their toes into various industries, including energy, payments, and telecommunications. And let’s not forget their foray into commodities trade financing and corporate restructuring last year.
T3 Financial Crime Unit: Tether’s Secret Weapon?
While Tether’s AI ambitions are making headlines, let’s not forget their crime-fighting unit, T3 FCU. They recently collaborated with Tron and TRM Labs to help Spain’s Guardia Civil freeze $26.4 million in cryptocurrency tied to an international money laundering operation. Go, T3 FCU!
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2025-02-06 00:59