Stablecoins
Tether Explores Decentralized AI Models to Enhance Security
Monday. July 8 at 10:30 AM
1 min. readTether, the issuer of the USDT stablecoin, is venturing into decentralized artificial intelligence (AI) models to bolster security measures. CEO Paolo Ardoino disclosed the initiative, suggesting that such models could have thwarted a previous hack on OpenAI. Despite a hacker breaching OpenAI's internal systems to pilfer AI product designs, the development system remained inaccessible. The company's handling of the incident, including the lack of public disclosure and reporting to authorities, has faced criticism. Ardoino advocates for locally executable AI models as a means to safeguard privacy and ensure system resilience. Tether's AI division is focused on creating open-source AI models to establish new industry benchmarks. The company has already invested in AI firms like the Northern Data Group, signaling its commitment to advancing AI technology and integration into market products.