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Tether is building an AI platform to support its future ventures outside stablecoins
Chief Executive Officer Paolo Ardoino has announced plans to diversify Tether's business model beyond stablecoins and into AI.
Based on Bare, Tether's open-source AI SDK platform is about to be released.
The applications developed by Tether Data will prioritize local operations on any device, provide complete anonymity, and allow users to self-custody their data and funds.
According to CEO Paolo Ardoino, Tether (USDT) is branching out beyond stablecoins into AI. Launching shortly, the stablecoin company's open-source AI SDK platform, based on Bare, will be available to the public. The applications developed by Tether Data will prioritize local operations on any device, provide complete anonymity, and allow users to self-custody their data and funds.
Deep Dive into AI by Tether
In a post by Tether CEO Paolo Ardoino X, the USDT-pegged stablecoin Tether is said to be branching out beyond stablecoins into AI.
The leading stablecoin in terms of market valuation and circulation provides a sneak peek at their artificial intelligence efforts, which include an AI voice assistant, an AI Bitcoin wallet assistance, and AI Translate.
According to Paolo on the X platform, "Tether will introduce soon its own AI SDK platform, open-source, based around Bare (Holepunch's javascript runtime) and running on any hardware, from embedded devices to any mobile phone (budget or high-perf), any laptop, powerful servers, clusters of servers”.
No matter what device you're using, Tether Data's applications will prioritize local processing, complete anonymity, and self-sufficiency.
In addition, Paolo says, "Any company interested in (pre-)training own models will have access to this PaaS."
He goes on to say that Northern Data Grp will soon have the platform accessible, and that it will be able to use 24,000+ H100 GPUs.
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