Tether actively expands into the AI field: developing AI wallet assistants and translation, launching the Open Source SDK platform.

Stablecoin issuer Tether is actively expanding the field of artificial intelligence (AI), including AI translation tools, voice assistants and Wallet assistants, and will launch the Open Source SDK platform. With business expansion and financial performance, Tether seems to be positioning itself as a leader in blockchain technology and AI.

Tether's AI roadmap

According to Paolo Ardoino, CEO of Tether, the company is accelerating its expansion of AI business and developing a variety of applications, including AI translation tools, AI voice assistant, and AI Bitcoin Wallet assistant. At the same time, they also plan to launch an Open Source AI software development toolkit: (SDK).

Tether will soon release its own Open Source AI SDK platform, which can operate on all hardware devices, including embedded systems, various mobile phones, laptops, and any server.

In addition, the AI application of Tether Data will focus on local operation to ensure complete privacy, and emphasize self-custody of data and funds.

In other words, users won't have to host their data on a centralized server, further improving security.

A glimpse of Tether Data's three AI applications

In the text, Ardoino also demonstrated the operation of the AI Bitcoin Wallet Assistant, which can autonomously perform fund sending operations. After the user inputs the command, it can:

Provide BTC Wallet address information

Check Wallet balance

Display contacts in the address book

Send BTC to the designated contact at the user's request

The entire process is carried out through the AI chatbot interface, eliminating the need for additional manual work, making crypto payments easier and more automated.

In addition to the Bitcoin Wallet Assistant, Tether also showcased two other AI applications:

AI Translation: An AI-powered real-time translation tool that can be used to convert between different languages.

AI voice assistant: An AI assistant that can interact with users through voice commands, similar to Siri or Google Assistant, but focused on blockchain and financial services.

Tether has been early in the layout of the AI field

As early as 2023, Tether has shown a high interest in AI, strategically investing in Northern Data, a German data center operator focused on high-performance computing solutions.

In March last year, the company also launched a global AI talent recruitment program, recruiting positions including artificial intelligence engineers and research and development directors, aiming to compete with Web2 giants such as Microsoft and Amazon to create a more decentralized AI industry environment.

(Tether Enters the AI Industry! Tether Data's AI department is recruiting to avoid monopolization of AI technology.)

Ardoino also revealed last December that the draft of Tether's AI platform website has been completed and is expected to be officially launched in the first quarter of 2025.

Tether's diversified investment footprint continues to expand

In addition to expanding its AI business, the company has also invested heavily in sustainable energy, bitcoin mining, commodity trading, and video platforms, seeking to maximize the benefits of its stablecoin business.

( stablecoin income diversification, Tether is considering entering the commodities trading )

At the same time, Tether's recent financial performance has been quite impressive, including an annual net profit of over $13 billion, holding $113 billion in US Treasury bonds, and its stablecoin USDT market value of $141 billion.

(Tether earned 13 billion yuan in 2024, with unrealized profits from gold and bitcoin reaching 5 billion yuan)

Today, Tether is transforming from a pure stablecoin issuer to an integrated technology company integrating AI, cryptocurrency, and fintech. With the development of multiple AI products, Tether is also expected to open up new possibilities for the application of blockchain technology.

This article Tether actively expands into the AI field: develops AIWallet assistant and translation, launches Open Source SDK platform, first appeared in Chain News ABMedia.