Stablecoin Issuer Tether (USDT) Enters AI; Invests $420 Million In Northern Data Group

Tether, a stablecoin issuer, has acquired an undisclosed stake in German-based crypto miner Northern Data Group. This strategic investment hints at potential collaborations in artificial intelligence (AI). Tether made this investment through its group company, Damoon. However, Tether has not disclosed the amount of capital allocated for this partnership. Ardoino Describes Tether’s Dive into Tech