Tether Looks to Jump Into Robotics With Reported $1B Investment in German Startup Neura

Tether is reportedly in discussions to lead a €1 billion ($1.16 billion) funding round for Neura Robotics, a German startup focused on AI-powered humanoid robots. This potential investment would value Neura at between €8 billion and €10 billion, a significant increase from the company's last funding round earlier this year, which raised €120 million. Neura plans to produce 5 million robots by 2030, boasting €1 billion in orders already secured. Tether's move into robotics stems from an increasing interest in humanoid robots, with major players like Tesla and Nvidia also investing in the sector. Tether, known for its stablecoin, has a diverse investment portfolio that includes sectors such as agriculture and brain tech. The company has been profitable in recent months and holds substantial reserves in U.S. Treasuries and gold. If finalized, this deal would further cement Tether's position at the forefront of emerging technologies.

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