Tether, the world’s largest stablecoin issuer, announced the development of several AI-based applications like AI Translate and a voice assistant that can manage a Bitcoin wallet.
Tether's new AI applications
According to CEO Paolo Ardoino, Tether Data, the company’s AI division, is developing several AI apps including AI Translate for translation, AI Voice Assistant for voice commands, and a Bitcoin wallet assistant. These apps will focus on local operation on any device, ensuring full privacy of personal information.
Plans for AI SDK platform launch
Tether plans to launch its own software development kit (SDK) platform built upon open-source technologies that will work with any hardware from embedded systems to powerful servers. The company emphasizes ensuring full autonomy of the applications with privacy protection for data and finance.
AI expansion at Tether
In 2023, Tether acquired a stake in Northern Data Group, a company specializing in cloud computing and generative AI solutions. Tether’s expansion into AI includes a global talent recruitment drive and plans to push the boundaries of AI technologies to set new standards in the industry.
Tether ramps up its AI efforts with innovative applications and infrastructure for secure operation on any device. These initiatives underscore the company's intent to reinforce its leadership in both AI and stablecoin markets.