Tether, the top stablecoin issuer, has initiated an AI division named Tether Data.

The new division seeks to combine blockchain and AI, enhancing accessibility and efficiency of AI technologies.

Tether has invested in Northern Data Group and is launching a global search for AI experts, including a head of AI research and an AI engineer.

The company's goal is to create open-source, multimodal AI models, aiming to make AI technology widely available.

CEO Paolo Ardoino emphasizes the intent to push the limits of AI and maintain privacy with open AI tech, aligning with Tether's innovation-driven ethos.

Tether's move signals a pivotal development in the intersection of cryptocurrency and AI, with potential widespread effects on both industries.