Cointelegraph reports that Paolo Ardoino, the CEO of Tether, recently spoke with Wired, stating that the company is in a strong financial position and is actively expanding into emerging sectors such as artificial intelligence. This decision marks Tether's challenge against traditional tech giants like Microsoft, Google, and Amazon, aiming to compete with them. To support this strategy, Tether has acquired a majority stake in neural implant technology startup Blackrock Neurotech and invested in data center operator Northern Data Group, leveraging its powerful infrastructure resources for AI model training. Additionally, Tether has earned a profit of up to 5.5% from its reserves due to interest rate hikes over the past two years, amounting to approximately $11.9 billion. Moreover, Paolo Ardoino disclosed that the company is in deep discussions with some of the Big Four accounting firms, planning to push for more comprehensive audits to further enhance transparency and credibility.