Tether deepens AI bet, backs Italian firm’s humanoid robots

Stablecoin giant Tether has backed Generative Bionics, an Italian artificial intelligence startup spun out of the Italian Institute of Technology, by participating in its 70 million euro ($81 million) funding round. The round was led by CDP Venture Capital's AI fund, with participation from AMD Ventures, Duferco, Eni Next, and RoboIT. Tether's investment is intended to support the development of Physical AI systems, edge AI solutions, and the industrial validation of Generative Bionics' humanoid platform, which is designed for "industrial scale performance" and "human-centric interaction" on factory production lines. Tether stated this investment aligns with its broader strategy to support emerging technologies that reduce reliance on centralized Big Tech systems. This move is part of Tether's wider investment focus on 'evolution,' which includes AI. The company has recently been involved in other significant AI plays, such as considering a large investment in Neura and supporting brain-computer interfaces via Blackrock Neurotech, alongside a collaboration with Northern Data and Rumble to build a large GPU compute network for open AI development.

(Source：Cointelegraph)