Tether has released TranscribePsy, a 254 million parameter AI speech recognition model that transcribes audio directly on smartphones, smart glasses, and humanoid robots without sending data to cloud servers. It supports multiple European languages and runs efficiently on devices like the iPhone 17 Pro Max, offering faster transcription speeds and lower resource use than competitors. This local processing enhances privacy, making it suitable for sensitive settings like medical or legal consultations. The open source model is part of Tether's QVAC AI project, aiming to run AI applications on consumer devices while protecting user data.
Tether's launch of an offline AI speech model coincides with a cryptocurrency market where only 5 out of 50 major cryptocurrencies rose today. For readers following digital assets, here is Pluang's market snapshot as of Oct 15, 2026 15:21 WIB: ZIL (Zilliqa) is priced at Rp56 with a 1-day change of -9.53% and a typical hold time of 133 days, THETA (Theta Network) at Rp3,371 down 9.06% with a 78-day hold time, and SAND (The Sandbox) at Rp954 down 8.97% with a 123-day hold time. Pluang order activity shows strong buying interest in ZIL and THETA, with 99% and 100% buy orders respectively, while SAND has a balanced 50% buy/sell split.
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