Tether leads $1.4 billion funding round in German robotics company Neura
Summary
Tether led a $1.4 billion funding round for German AI robotics startup Neura Robotics, one of the largest investments in physical AI. The round also included Qualcomm, Amazon, and NVIDIA, and Neura had previously been expected to be valued around $9 billion to nearly $12 billion. Neura says it is building AI-powered humanoid robots and aims to produce 5 million by 2030, with about $1.2 billion in orders already. Tether plans to integrate its own technology into the robots, including independent digital wallets so they can be paid automatically after completing tasks and make machine-to-machine payments without human intermediaries. The deal reflects Tether’s broader push into non-crypto industries.
