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Tether Considers $1.16B Investment in Neura Robotics
Tether, the company behind the world’s largest stablecoin USDT, is exploring a new multi-billion-dollar move into robotics
According to a report from the Financial Times, the firm is considering a $1.16 billion investment in Neura Robotics, a fast-growing German tech startup
A Big Bet on the Future of Robotics
Tether has been discussing the potential deal with Neura Robotics. Sources suggested the startup could be valued between $9.29 billion and $11.6 billion. This would place Neura among the most valuable robotics companies in Europe.
The move fits with Tether’s recent effort to spread its investments. USDT, its main stablecoin, is still very profitable, and the company has been using its strong earnings to enter new sectors.
After recording over $10 billion in profit in the first three quarters of the year, Tether has expanded its portfolio These now include artificial intelligence, data centers, energy infrastructure, and Bitcoin mining.
The deal, if completed, would mark one of Tether’s boldest steps yet as it continues to widen its reach beyond digital assets.
Neura Robotics Aims for an “iPhone Moment”
Neura Robotics is preparing for the commercial launch of its humanoid robot. The first versions will be designed for industrial use. However, the company also plans to bring robots into home use in the future. It wants its technology to become part of everyday life.
The startup has ambitious goals. It has previously said it wants to produce 5 million robotic devices by 2030. The company also hopes to create an “iPhone moment” for robotics
Earlier this year, Neura raised nearly $140 million from several high-profile investors. These included BlueCrest, C4 Ventures, Lingotto, and the Volvo Cars Tech Fund. With this plan, Neura is set to compete with big companies like Cardano blockchain and Tesla. Tesla is also working on making its own humanoid robots for mass production.
Tether Eyes Big Moves in AI and Robotics Beyond Crypto
Tether’s CEO, Paolo Ardoino, has shown a growing interest in advanced technology, especially in decentralized AI. The company is building an internal research team working on open-source, peer-to-peer machine learning tools known as Tether AI.
A major investment in Neura Robotics would align well with Tether’s long-term strategy. The company aims to be a key player not just in crypto, but also in next-generation technology. This includes automation, AI, and physical robotics.
This potential deal signals that Tether is no longer content with being only a leader in digital finance. It is using its large profits to build influence in cutting-edge industries that could shape the future of work, industry, and home technology.
The post Tether Considers $1.16B Investment in Neura Robotics appeared first on TheCoinrise.com.