{"id":145271,"date":"2024-12-21T19:00:30","date_gmt":"2024-12-21T17:00:30","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145271"},"modified":"2024-12-21T18:28:27","modified_gmt":"2024-12-21T16:28:27","slug":"tether-aims-for-10-billion-profit-and-ai-expansion-in-2024","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/tether-aims-for-10-billion-profit-and-ai-expansion-in-2024\/","title":{"rendered":"Tether Aims for $10 Billion Profit and AI Expansion in 2024"},"content":{"rendered":"

With its market cap soaring over 50% this year to reach $140 billion, Tether<\/a> <\/strong>is also venturing into artificial intelligence, a bold move that could reshape its role in the digital economy.<\/p>\n

This year, Tether has significantly reinvested its profits to sustain growth, including a recent $775 million commitment to the video-sharing platform Rumble. This investment, which included $250 million in cash and a stock tender offer, boosted Rumble\u2019s shares by 50% in after-hours trading.<\/p>\n

Ardoino has confirmed that Tether plans to allocate a similar portion of next year\u2019s profits to new opportunities, with AI as a central focus. The company aims to launch its AI platform in early 2025, allowing users to seamlessly interact with cutting-edge technology through mobile applications.<\/p>\n