Tether intends to “set new industry standards” with its open-source AI operations.
Tether Operations Limited, the blockchain and cryptocurrency company behind the Tether stablecoin, has announced a strategic expansion of its artificial intelligence (AI) focus alongside a global recruitment drive for “top-tier” talent for its AI division.
The expanded strategic focus comes amid concerns “over the monopolization of AI technologies by Big Tech,” according to a press release from Tether. The company says its Tether Data division “is stepping forward to champion transparency and privacy in AI model development.”
Tether also said the company's strategic AI expansion would build on its previous operations, including its recent investment in Northern Data Group.
