Tether Develops AI Platform to Expand Crypto Business – BitRss

Tether, the company behind the cryptocurrency USDT, announced its plans to launch an artificial intelligence (AI) platform in early next year. CEO Paolo Ardoino shared details about this initiative through a post on social media. The development reflects Tether’s commitment to broadening its business interests beyond USDT.

New AI Platform

Tether continues to take significant steps to expand its operational domains. Under Ardoino’s leadership, the company is making notable investments in the field of artificial intelligence.

The company has invested in various sectors, including energy, payments, telecommunications, and AI. Additionally, Tether has entered commodity trade financing and is restructuring its corporate structure to align with these expanding focuses. The continuous growth of USDT, the largest stablecoin by a considerable margin, is positive for the entire market as it has been purchasing BTC with some of its revenue.

Integration of Crypto and AI

Last year, Tether demonstrated its interest in AI by purchasing shares in cloud computing and AI firm Northern Dat…