Tether Looks to Jump Into Robotics With Reported $1B Investment in German Startup Neura
Tether is reportedly in talks to lead a €1 billion ($1.16 billion) funding round for Neura Robotics, a German company focusing on AI-powered humanoid robots. This investment would value Neura at between €8 billion and €10 billion, a significant increase from its last funding round in January which raised €120 million. Neura plans to produce 5 million robots by 2030 and has already secured €1 billion in orders. This move is part of Tether's broader strategy to expand its portfolio into frontier technologies, alongside its existing investments in agriculture, brain tech, and sports. Tether aims to capitalize on the growing interest in humanoid robots, as major firms like Tesla and Nvidia explore AI applications in robotics. If finalized, this investment showcases the rising trend of integrating AI within physical technology, intensifying competition in this emerging sector.
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