Tether Expands into AI with New Division and Major Investment

The stablecoin giant is recruiting for its AI division following a $623 million investment in AI infrastructure.

Tether has established a new AI division, aiming to pioneer the development of open AI models.
The stablecoin issuer is hiring for key positions within this division, including an AI engineer and a head of AI research and development.
This move follows a significant investment of approximately $623 million in Northern Data Group for AI infrastructure.
Tether's main business of issuing stablecoins remains strong, with USDT accounting for about 70% of all stablecoin circulation.
The company's focus includes integrating AI solutions into market-driven products and advancing the field of open AI.