Tether’s Local AI Kit leverages peer-to-peer technology to run AI models locally on user devices, ensuring complete privacy. Tether’s AI demo features a private translation app that operates securely without the need for centralized servers or cloud data storage.
Tether has released a local AI development kit. This innovative, privacy-focused technology runs AI models on local devices via a peer-to-peer (P2P) system. It supports several artificial intelligence models, including Marian and Llama, allowing users to load and store weights and fine-tune data in a decentralized P2P system.
This method guarantees complete data privacy as everything works directly on the user’s device without relying on a centralized server, providing a creative answer in an era where data security is a major issue.
yesterday’s @LuganoPlanB I shared a preview of Tether’s local AI development kit, which focuses on privacy and leverages peer-to-peer technology 🍐🍐
Write your code once and run it everywhere from $40 phones to flagship smartphones, laptops to many H100-powered mainframes. pic.twitter.com/L0Uz2P7BKg
— Paolo Ardoino 🤖🍐 (@paoloardoino) October 27, 2024
Tether: AI demo showcases private high-level translation on your local device
A highlight of Tether’s AI efforts is a demo that includes a completely private translation tool. The app, which runs locally on any device, demonstrates the potential of Tether’s AI infrastructure by performing high-level translations without compromising user information.
This evolution fits into the company’s larger AI plans to decentralize and democratize access to innovative AI technologies. By distancing itself from AI capabilities, Tether is addressing growing concerns about data monopolies and privacy violations sometimes associated with Big Tech.
Additionally, Tether’s hiring efforts clearly demonstrate its commitment to artificial intelligence. The company is actively seeking artificial intelligence experts to support the project and enable the creation of a more resilient decentralized network.
Tether’s larger goal is to lead the future of P2P technology and artificial intelligence, and these activities align perfectly with the company’s investments in large-scale research and development centers. Tether aims to build an open and ethical AI environment, with user privacy as its top priority.
Tether is also considering other creative initiatives in parallel, particularly in the commodity trading space. According to CNF, Tether has recently been in talks with Turkish authorities about tokenizing boron reserves, a proposal aimed at modernizing the precious metal’s trading system.
Although a final decision on this tokenization effort is still pending, its potential could change global boron trading.
To streamline global trade and finance, Tether is also exploring the possibility of rolling out US dollar loans to small commodity traders, particularly those dealing in oil, metals and agricultural products.
As we previously reported, this focus on small and medium-sized enterprises could bring new financial prospects to the commodity sector and help simplify global trade.