At the recent Lugano Plan B conference, Tether CEO Paolo Ardoino gave a first look at the company’s new privacy-centric AI development kit.
This advanced toolkit, known as Tether Local AI Kit, is built on peer-to-peer technology to ensure maximum adaptability and privacy across a variety of devices.
Our goal is to make AI development widely available and enable smooth functionality for everything from affordable $40 phones to high-end devices such as flagship smartphones, laptops, and even powerful mainframes. Masu.
Designed with a modular approach, Tether’s AI kit is flexible enough to support a variety of machine learning models, including options such as Marian and Llama.
Peer-to-peer (P2P) storage can be used to load and store model weights and tuning data, reducing dependence on centralized systems and increasing data privacy. Users can write code once and run it seamlessly across a variety of devices, from smart refrigerators to car entertainment systems.
Ardoino said the AI SDK will eventually be open sourced once its performance is thoroughly tested, allowing developers to contribute to and benefit from its wide range of features. I did.
The introduction of this AI toolkit underscores Tether’s commitment to advancing technology that respects privacy while facilitating widespread usability of AI applications.
Tether’s AI market entry plan
Towards the end of March, Tether announced plans to look beyond the stablecoin space and into the artificial intelligence (AI) space. This bold move is part of our strategy to leverage our expertise and resources to diversify our business and take advantage of the rapidly growing AI industry.
Tether’s purpose is to create cutting-edge AI models by forging partnerships for seamless product integration and fostering community interaction. He is also tasked with assembling a top-level global team to spearhead the AI venture, which represents a pivotal growth phase for the company.
Although Tether has often been targeted by critics due to concerns about the transparency of its fiat reserves, its growth has been impressive and it has established itself as a leading stablecoin.
AI is increasingly fundamental to many fields, offering significant benefits in terms of data analysis, automation, predictive modeling, and enhanced decision-making.
The past year has seen significant progress in the convergence of AI and blockchain, with many companies embarking on projects to deliver innovative applications.
Just two days ago, Meta partnered with Reuters to incorporate the news agency’s content into an AI-powered chatbot. This allows users to access the latest news through links on Meta platforms such as Facebook, Instagram, and WhatsApp.