Tether is making significant investments to break into the $AI market, positioning itself as a new competitor to tech giants like Microsoft, Google, and Amazon.

Its CEO Paolo Ardoino's strategy involves reinvesting 90% of #Tether's excess profits into $AI startups across various sectors.

Over the past two years, Tether had already invested $2bn on $AI and alternative financial infrastructure projects, and plan to invest at least $1bn more in 2024.