Tether, the company known for its $140 billion stablecoin, USDT, is developing an artificial intelligence (AI) platform aimed for launch early next year. According to a recent post by CEO Paolo Ardoino on X, the plans for the platform are underway.

"Just got the draft of the site for Tether's AI platform. Coming soon, targeting end Q1 2025," Ardoino shared.

The company has been making significant expansions beyond its core stablecoin operations this year, investing in various sectors including AI. Ardoino's leadership has guided Tether's efforts, which include investments in energy, telecommunications, and even commodities finance.

The move to establish an AI platform reflects Tether's broader strategy to diversify its offerings and leverage opportunities in high-growth sectors.

Tether's history includes a stake acquisition in Northern Data, a firm involved in AI and cloud computing, highlighting its commitment to entering the AI space.

"Our upcoming AI platform is just the beginning of a long journey that will see very important investments by Tether in this sector," Ardoino told CoinDesk. "Tether's focus will remain on building technology solutions that emphasize freedom, independence, and resilience."