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 investment could value Neura between €8 billion and €10 billion, significantly more than the €120 million raised in its last round in January. Neura aims to produce 5 million robots by 2030 and has already secured €1 billion in orders. The potential deal is part of Tether's strategy to diversify its investment portfolio into aspects of frontier technology, including agriculture and brain tech. Tether has been profiting substantially from its investments in U.S. Treasuries and holds significant amounts of gold and bitcoin. The interest in humanoid robots has surged, with competition intensifying from major firms like Tesla and Nvidia, as they seek to integrate AI into robotics, potentially creating a transformative impact in the industry.

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