Tether CEO Paolo Ardoino recently disclosed how a potential hack on OpenAI could have been prevented by utilizing decentralized artificial intelligence models. This revelation comes amidst Tether’s foray into the AI space, with a focus on developing open-source AI models to set new industry standards.
Ardoino highlighted the importance of locally executable AI models in protecting users’ privacy and ensuring system resilience. By running these models on new-generation smartphones and laptops, enhancements can be preserved locally on the device, thus minimizing the risk of unauthorized access to sensitive information.
The CEO’s comments also shed light on Tether’s AI division‘s ongoing efforts to pioneer the development of multimodal AI models. The company aims to drive innovation and accessibility within the AI technology sector by spearheading collaborations to integrate AI solutions into market-driven products.
Tether’s investments in AI companies like the Northern Data Group further illustrate its commitment to advancing the field of open AI. With plans to build AI models and set industry standards for AI developments, Tether is positioning itself as a key player in the evolving landscape of artificial intelligence technology.
