AI News: Tether-Powered P2P AI Agents Might Go Live Soon

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As a seasoned researcher with a deep interest in the intersection of technology and finance, I find Tether’s latest announcement from CEO Paolo Ardoino about Peer-to-Peer Artificial Intelligence (AI) agents powered by USDT intriguing. Having closely followed Tether’s developments over the years, I am no stranger to their innovative spirit and ambitious projects.

According to a recent update from Tether CEO Paolo Ardoino, there are plans underway for the introduction of Peer-to-Peer Artificial Intelligence (AI) agents that will be fueled by the United States dollar-backed stablecoin, USDT, in the near future.

Tether To Revolutionize Operations With AI

In a recent post on X, Ardoino discussed the development of decentralized AI agents fueled by USDT and Lightning Network payments. Anticipation for the Tether AI upgrade has been high for some time, but according to Ardoino, the necessary components are now aligning.

According to the Tether CEO’s statement, there could be a new endeavor that his company is involved in, which revolves around emerging technology. Moreover, Ardoino voiced his preference for utilizing local private AI not only for his agent but also for his Brain-Computer Interface (BCI), car, and robot.

P2P AI agents, powered by USDT and LN payments
All the pieces are coming together.
As a researcher studying artificial intelligence applications, I prefer having my Brain-Computer Interface (BCI), personal assistant, car, and robot systems utilize locally-stored, private AI models. This setup ensures that the processing of sensitive data remains on-device, enhancing security and privacy.
— Paolo Ardoino (@paoloardoino) July 21, 2024

Tether has introduced “Tether Data,” a new division dedicated to advancing open-source, multidimensional artificial intelligence (AI) models. Specifically, this initiative aims to apply AI technologies to commercially available products, addressing the industry’s demand for greater transparency and privacy.

Additionally, Tether’s CEO disclosed that the company intends to allocate more than a billion dollars towards investments in artificial intelligence and biotechnology within the next year.

Ardono’s wishes fuel the growing need for AI-integrated offerings in various industries. Notably, this underscores the eagerness of major market players to incorporate AI technology into cryptocurrencies.

Integrating AI And Crypto

Expert: Jeremy Allaire, CEO of Circle, has indicated that the integration of artificial intelligence (AI) and crypto ledgers could potentially contribute significantly to the expansion of the US economy, as measured by its Gross Domestic Product (GDP). He acknowledged the ongoing attempts by bankers to reduce interest rates in order to stimulate economic growth. Nevertheless, Allaire expressed doubts about the effectiveness of this approach given the prevailing digital landscape.

Reducing interest rates may make borrowing less expensive, but it could also motivate industrialists to secure more funds for producing new goods, potentially leading to an economic upswing. Moreover, advancements in artificial intelligence (AI) and cryptocurrencies, such as digital ledgers, computational power, proofs, and credentials, can streamline risk management. In closing, the incorporation of AI into various industries is a significant advantage that cryptocurrencies can leverage to bring about essential transformations.

The US Federal Reserve recognizes the possibilities of artificial intelligence (AI) and thinks it could stimulate economic growth through various innovative means.

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2024-07-21 20:30