Key Takeaways
- Tether is exploring a €1 billion investment in Neura Robotics, a German AI robotics company.
- The partnership aims to boost Neura Robotics as it develops cognitive humanoid robots for practical applications.
Tether, the stablecoin issuer, is considering a €1 billion funding deal with Neura Robotics, a German AI robotics company, marking a significant expansion into the artificial intelligence and robotics sectors.
The potential investment would support Neura Robotics as it prepares to debut a humanoid robot emphasizing cognitive capabilities for real-world applications.
Tether has been building a diverse investment portfolio by targeting opportunities in AI and robotics sectors, moving beyond its core stablecoin business.
The funding discussions come as the humanoid robotics field features increasing competition, with startups actively seeking investors for innovative robot development.
Source: https://cryptobriefing.com/tether-neura-robotics-e1bn-investment-ai-collaboration/
