Tether Is Building AI Apps & An Open-Source SDK Platform

Tether Is Building AI Apps & An Open-Source SDK Platform

https://cointelegraph.com/news/tether-building-ai-apps-open-source-sdk-platform

The world’s largest stablecoin issuer, Tether, is venturing deeper into artificial intelligence with a number of AI applications in development, according to the firm’s chief executive.

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Tether’s AI division, Tether Data, is developing a number of AI apps, such as AI Translate, AI Voice Assistant, and AI Bitcoin Wallet Assistant, https://x.com/paoloardoino/status/1886793478459330754

to a Feb. 4 announcement from CEO Paolo Ardoino.

Tether Data, preview of some of the AI apps we're developing: AI translate, AI voice assistant, AI bitcoin wallet assistant.

Tether will launch soon its own AI SDK platform, open-source, built upon Bare (Holepunch's javascript runtime), working on every hardware, from embedded… https://t.co/W5JFmoVcnh

— Paolo Ardoino 🤖🍐 (@paoloardoino) https://twitter.com/paoloardoino/status/1886793478459330754?ref_src=twsrc%5Etfw

“Tether will soon launch its own AI SDK [software development kit] platform, open-source, built upon Bare, working on every hardware, from embedded devices, any mobile phone, any laptop, powerful servers, clusters of servers,” he added.

Further details were thin but Ardoino said that Tether Data’s apps “will focus on working locally on any device, full privacy, self-custodial for both data and money.”

In the demo for the AI Bitcoin Wallet Assistant, a user asked the “Payment Agent” what their BTC wallet address was before querying about the BTC balance.

The demo also showed the user asking what recipients they had in their address book before requesting the agent send a small amount of BTC to one of them.

The entire process was conducted through the AI chatbot interface and carried out autonomously.

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Source: https://x.com/paoloardoino/status/1886793478459330754

Tether’s AI Translate was a simple AI chatbot translation tool and AI Voice Assistant involved the chatbot responding to voice inputs rather than text.

Tether’s AI ambitions were evident back in 2023 when the firm https://cointelegraph.com/news/tether-acquires-stake-northern-data-ai-collaboration

, which specializes in cloud computing and generative AI.

In March, Tether further https://cointelegraph.com/news/tether-expands-artificial-intelligence-ai-operations-global-recruitment-drive-top-tier-talent

its AI operations with a global recruitment drive for top-tier talent, telling Cointelegraph at the time that it “plans to push the boundaries of AI technology,” and set “new industry standards for innovation and utility.”

In December, Ardoino https://x.com/paoloardoino/status/1870149645776949674

he “just got the draft of the site for Tether’s AI platform,” before adding that the firm was targeting a launch at the end of Q1, 2025.

On Jan. 31, Tether https://cointelegraph.com/news/tether-13-billion-2024-profits-t-bill-holdings-all-time-highs

record-breaking profits of $13 billion in 2024 and revealed having a larger-than-ever stockpile of US government bonds. Tether’s US Treasury portfolio is now worth approximately $113 billion, it stated.

Meanwhile, its stablecoin is the third-largest cryptocurrency by market capitalization, which is at an all-time high of $141 billion, following the https://x.com/whale_alert/status/1886823605784240372

of another billion dollars worth on Feb. 5.

https://cms.zerohedge.com/users/tyler-durden

Thu, 02/06/2025 - 13:25

https://www.zerohedge.com/crypto/tether-building-ai-apps-open-source-sdk-platform

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