USDT stablecoin issuer Tether hiring for AI division

USDT stablecoin issuer Tether hiring for AI division is profiled by BTW Media because published evidence links it to internet infrastructure, governance, operational dependencies, or market visibility.

• USDT stablecoin issuer Tether set up an artificial intelligence division with plans to hire an AI-focused team.
• Tether invested 575 million euros (US$623 million) in Northern Data Group via debt financing in November.

Tether Operations Limited, the issuer, said it is trying to expand its artificial intelligence capabilities by establishing an artificial intelligence division.

The latest recruitment

Tether has established a new artificial intelligence department within the company, the stablecoin issuer announced Tuesday morning.

The new department, called Tether Data, is looking to hire an AI engineer and a head of AI research and development, according to the Tether jobs site.

“Our goal is to build the next generation of open AI models, leading innovation in AI, through an accessible, transparent, and privacy-preserving approach,” the job postings read.

Only two jobs have been posted so far, one for a head of AI research and development and the other for an AI engineer.

Tether now joins an AI hiring market that is being increasingly picked over by tech firms looking to capitalise on the AI craze.

Meta has responded to the competition by extending job offers without interviews and sending personalised recruiting emails from CEO Mark Zuckerberg, according to The Information.

Also read: Tether partners with Celo network to expand USDT distribution

Also read: Who is Satoshi Nakamoto? The hunt for bitcoin’s elusive founder

Northern Data Group

In previous efforts to bolster its AI operations, Tether invested an undisclosed amount into the German data centre operator Northern Data in September 2023. Two months later, Tether invested 575 million euros (US$623 million) in Northern Data Group via debt financing in November.

Tether CEO Paolo Ardoino mentioned in the statement, “Our investment in Northern Data Group, known for resilient and high-performance technologies, aligns perfectly with our vision,” “Today’s announcement establishes a new division within Tether, redefining AI boundaries and democratizing privacy-preserving open AI technology while setting industry benchmarks for innovation, utility and transparency.”

Over the past year, the potential for AI integrations with crypto has spawned a raft of new startups and investor interest in areas like content verification and allowing AI model inferences to interact with smart contracts.