Tether Amplifies AI Focus with Strategic Expansion and Global Recruitment Drive
Summary:
Tether Operations Limited, the company behind Tether stablecoin, is expanding its focus on artificial intelligence (AI) and recruiting globally for its AI unit. The strategic AI expansion will build on previous operations and investments in Northern Data Group. The firm has a three-part strategy comprising the development of open-source AI models, collaborating to bring products and services to market, and engaging with the broader ecosystem. It seeks top-tier talent to help push the boundaries of AI technology, aiming at making high-performance AI accessible for personal use and setting new industry standards.
Tether Operations Limited, the firm behind Tether stablecoin, has declared a strategic focus expansion on artificial intelligence (AI) along with conducting a worldwide recruitment for superior professionals for its AI team. The enlarged strategic initiative is a response to fears about AI tech's monopolization by major tech firms, stated by a Tether press statement. The statement emphasized that the company’s Tether Data section is intensifying their efforts to champion transparency and privacy in AI model evolution.
Tether also confirmed that their strategic AI growth will augment their earlier operations, which involved their recent capital injection in Northern Data Group. A representative from the company expressed to Cointelegraph that Tether aims to exceed the boundaries of AI tech, with the goal of not only making high-end and privacy-protecting AI tech available for individual usage, but also setting new industry norms for originality and usefulness. The Northern Data Group investment will assist Tether in pursuing AI projects with the aid of Northern Data's superior GPU and computation infrastructure, aiming to address real-life hurdles in a more objective and transparent manner than the leading companies before them. They added that AI's potential is revolutionary, with potential impact surpassing that of the internet.
As part of the expansion strategy, Tether has lined out a three-pronged strategy. The first action plan involves leading the evolution of open-source, multimodal AI models to establish fresh industry norms, thereby fueling AI technology's innovation and accessibility. The following phase involves heading collaborations to introduce products and services to the market and using the technology to address real-life difficulties.
Finally, Tether looks to interact actively with the wider ecosystem through community contributions, in order to demonstrate its products and boost the fields of open AI. The company also announced a global hiring drive, in search of the best talent for their AI division. Currently, there are two vacancies available in Tether Data's recruitment page - one for an AI engineer and another for a Head of AI, both located in Europe. Tether confirmed to Cointelegraph that there is ongoing active recruitment for this new division.
Published At
3/27/2024 9:37:29 PM
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