TLDR
- Tether has backed an $81 million funding round for Italian AI startup Generative Bionics.
- The investment will help develop humanoid robots designed for industrial-scale performance.
- Tether’s funding will accelerate the validation and production of Generative Bionics’ humanoid platform.
- The robots will focus on real-world physical AI capabilities for factory production lines.
- Tether continues to expand its AI investment strategy by supporting emerging technologies.
Tether has confirmed its backing of an $81 million funding round for Italian AI startup Generative Bionics. The funding round, valued at 70 million euros, was led by the AI fund of CDP Venture Capital. Tether joins other investors like AMD Ventures, Duferco, Eni Next, and RoboIT in supporting the initiative.
Tether’s Investment to Support Humanoid Robot Development
Tether’s investment aims to assist in the creation of advanced humanoid robots. These robots are designed for industrial-scale performance and human-centric interaction.
“Tether’s investment will support the development of Physical AI systems and edge AI solutions,” the company said.
The investment also seeks to accelerate the industrial validation of Generative Bionics’ humanoid platform. Additionally, it will support the development of the startup’s first production facility. Tether’s commitment to the robotics ecosystem reflects its growing interest in emerging technologies.
Focus on Expanding Human Potential with AI
Generative Bionics is a spinoff from the Italian Institute of Technology. The company focuses on building humanoid robots with real-world physical AI capabilities. These robots are intended for use in factory production lines, offering practical industrial applications.
Tether’s strategy includes investing in technologies that expand human potential.
“Tether’s support for Generative Bionics aligns with its broader strategy to reduce reliance on centralized systems,” the company explained.
This aligns with the firm’s ongoing efforts to shape the future of AI development.
Tether’s Broader AI Investment Strategy
This investment in Generative Bionics adds to Tether’s growing AI portfolio. In November, Tether was reportedly considering a $1.15 billion investment in Neura, a German AI robotics startup. Tether has also invested in brain-computer interfaces, collaborating with Blackrock Neurotech on similar projects.
Furthermore, Tether has partnered with Northern Data and Rumble to deploy a 20,000-GPU global compute network. This initiative aims to foster open and privacy-preserving AI development across industries. These efforts highlight Tether’s deepening commitment to AI innovation.
Get 3 Free Stock Ebooks
Discover top-performing stocks in AI, Crypto, and Technology with expert analysis.
- Top 10 AI Stocks - Leading AI companies
- Top 10 Crypto Stocks - Blockchain leaders
- Top 10 Tech Stocks - Tech giants
