Tether Launches $5.38 Million AI Fund for Developers
- Investment in Local AI: Tether has ramped up investments in locally-operated AI systems by launching a new grant program aimed at supporting privacy-first, device-based AI technologies, thereby enhancing user control over personal data and improving digital security.
- Funding Amount and Conditions: The new program offers developers between $1,500 and $4,000 per project, with funds disbursed upon achieving specific technical milestones, demonstrating Tether's strong commitment to local AI and payment infrastructure projects without imposing any upper funding limit.
- Medical Language Model Breakthrough: Tether's AI research team introduced the QVAC MedPsy model, which outperformed Google's comparable models in tests across seven medical fields, with the 1.7B parameter model scoring 62.62 points, surpassing Google’s by 11.42 points, showcasing the immense potential of local AI in healthcare.
- Commitment to Education and Grants: Tether pledges to allocate up to $5.38 million for new grants and educational programs by 2030, continuing its support for developers, having previously provided significant funding to initiatives like BTC Pay Server Foundation and OpenSats, reflecting its ongoing investment in industry development.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI). As of , Sleepless AI (AI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0111 | 0.0165 | 0.02 | 0.0254 | 0.0289 | 0.0343 | 0.0378 |
| Fibonacci | 0.0165 | 0.0199 | 0.022 | 0.0254 | 0.0288 | 0.0309 | 0.0343 |
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