Tether leads $1.4 billion funding round in German robotics company Neura
- Tether Investments led a $1.4 billion funding round for Neura Robotics, focusing on AI-powered humanoid robots.
- The investment is one of the largest into physical AI, valuing Neura between $9 billion and nearly $12 billion.
- Other participants included Qualcomm Technologies, Amazon, and NVIDIA.
- Neura aims to produce five million robots by the year 2030 with existing orders valued at approximately $1.2 billion.
- The robots will feature independent digital wallets for automatic payments upon job completion.
This funding signifies Tether’s expansion beyond the immediate crypto sector into diverse industries such as robotics and AI technology. The integration of digital wallets into Neura’s systems aims to streamline transactions and reduce reliance on human management.
Tether’s investment in Neura Robotics highlights a significant shift towards automation in industries, with plans for substantial production by2030 supported by a robust financial backing of $1.4 billion.(Source)
