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Tether enters AI race with pledge to build open-source LMMs to combat Big Tech

Tether, the titan behind the USDT stablecoin, is venturing into the AI realm.

This move marks a pivotal shift, with Tether aiming to counter Big Tech’s AI grip by developing open-source, multimodal AI models. This initiative not only champions transparency and privacy but also promises to integrate AI into market-driven products, setting new industry benchmarks. The establishment of Tether data as a subsidiary underscores a commitment to innovation and privacy in AI, positioning Tether as a leader in the space.

With a $104 billion market cap backing its venture, Tether’s foray into AI could significantly influence the digital assets market.

This strategic expansion highlights Tether’s ambition to redefine AI boundaries and democratize AI technology, potentially reshaping the future of both the crypto and broader tech landscapes.

Full article 1.3:cryptoslate.com
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