- Tether emphasizes transparency and innovation in AI, countering Big Tech’s dominance.
- The expansion includes developing open-source AI models and addressing real-world issues.
- Tether launches a recruitment drive for AI experts to bolster its new division.
Tether Operations Limited, known for its leading stablecoin, has announced an ambitious expansion into the artificial intelligence sector. This strategic decision aims to address concerns about the concentrated power of AI technology within a handful of large corporations.
A New Direction for Tether
Tether’s initiative, articulated through its Tether Data division, signals a commitment to developing AI technologies that champion both transparency and privacy. This approach is a clear departure from the current landscape, often criticized for its opacity and monopolistic tendencies.
The company’s vision for AI extends beyond mere technological advancements; it encompasses a broader goal of making sophisticated and secure AI solutions more widely available. Tether’s investment in Northern Data Group, a firm renowned for its cutting-edge GPU and computational infrastructure, is a testament to this commitment. Such partnerships are expected to amplify Tether’s capability to tackle complex challenges with innovative AI-driven solutions.
Expanding Horizons
Tether’s strategy unfolds in three distinct phases. Initially, the focus will be on crafting open-source, multimodal AI models that could redefine industry benchmarks and foster greater innovation within the AI sphere. Following this, Tether plans to spearhead collaborations aimed at bringing groundbreaking products and services to the forefront, addressing pertinent global issues through the prism of AI technology.
The final phase involves an immersive engagement with the AI community. By contributing to the collective knowledge pool and showcasing its proprietary solutions, Tether aims to not only elevate its standing within the AI domain but also to propel the entire field towards more open and collaborative practices.
Scouting for Talent
To realize these ambitious goals, Tether has initiated a worldwide search for exceptional individuals to join its burgeoning AI division. The recruitment effort is focused on attracting a diverse pool of candidates possessing the requisite skills and vision to drive Tether’s AI initiatives forward. Currently, the company is looking to fill key positions within its European offices, signaling the global scope of its recruitment and operational strategy.
This strategic pivot towards AI by Tether underscores the company’s commitment to being at the forefront of technological innovation. By championing open-source models and prioritizing transparency, Tether is not just expanding its business horizons but also contributing to a more equitable and accessible AI future.
