USDT stablecoin issuer Tether plans to launch its artificial intelligence product soon—Tether Data.
The company’s CEO announced that Tether is developing AI-powered applications on Tether Data, designed to work privately and securely on any device. These new apps include an AI-powered translator, a voice assistant, and an AI Bitcoin wallet assistant.
An AI-powered translator helps translate text or speech between languages instantly. A voice assistant listens to commands and helps with tasks like setting reminders or searching the web. An AI Bitcoin wallet assistant helps users manage transactions, track prices, and keep their funds secure.
The CEO also revealed that Tether is preparing to launch its own AI software development kit (SDK) platform. This platform will be open-source and built on Bare, the JavaScript runtime from Holepunch.
The goal is to create AI solutions that work on all kinds of hardware, from basic mobile phones and embedded devices to high-performance laptops and server clusters.
Unlike many AI tools that rely on cloud computing, he said that Tether’s AI apps will operate locally on users’ devices. This approach ensures full privacy and gives users complete control over their data and digital assets.
This expansion into AI is the latest step in Tether’s broader strategy of diversifying beyond stablecoins. Over the years, Tether has strengthened its business by investing in new technologies. After making $10 billion in net profits in 2024, the company invested 50% of these funds.
One of its major investments was in Blackrock Neurotech, a U.S.-based brain-chip company focused on developing brain-to-computer interfaces, including neural implants. It committed $200 million to this initiative.
Another significant investment was in Rumble, a video-sharing platform. In December 2024, Tether announced a $775 million investment in Rumble, which included a $250 million cash commitment and support for Rumble’s tender offer for shares.
Tether also acquired a $100 million stake in Bitdeer, a Bitcoin mining company that split from Bitmain, with options to acquire an additional $50 million.
Beyond individual companies, Tether allocated over $12 billion in investments toward renewable energy, Bitcoin mining, artificial intelligence (AI), telecommunications, and education throughout the year.
