Tether will launch a new AI company in the first quarter of 2025, says Paolo Ardoino
USDT+0.05%
According to Ardoino, the company will be ready to officially start operations by the end of the first quarter of next year at the latest. However, details about this new entity from Tether in the AI sector are unknown.
Paolo Ardoino reveals that Tether will launch a new company in the AI sector
This will take place during the first quarter of 2025
Tether has been making investments in the field of AI and other markets
So far, very little is known about this new entity
Tether's biggest challenge right now is the enforcement of the MiCA Law in Europe
The issuer of the USDT stablecoin, Tether, will launch a new platform at the beginning of 2025, which will offer services in the field of artificial intelligence.
Tether will have a new AI company
The announcement in question was made by Tether's CEO, Paolo Ardoino, who shared the news with his followers on his official X account, although he did not provide many more details about the company or the line of services it will offer within the AI sector.
“I just received the draft of the site for Tether’s AI platform. Coming soon, targeting end Q1 2025,” Ardoino wrote.
Just got the draft of the site for Tether’s AI platform.
Coming soon, targeting end Q1 2025.
— Paolo Ardoino (@paoloardoino) December 20, 2024
The announcement of this new platform in the AI sector underscores Tether's plans to expand beyond the stablecoin niche. For example, in the middle of last month, the company revealed the launch of Hadron, its new service for asset tokenization, which they hope to bring these possibilities to a wide variety of clients.