Tether Invests €1 Billion in Robotics Startup Neura, Boosting Valuations

Cryptocurrency giant Tether is making a major investment in the AI and robotics sector, reportedly planning to invest up to €1 billion in German company Neura Robotics. This move signifies a significant shift for Tether, who are venturing beyond their traditional cryptocurrency focus to capitalize on frontier technologies. 🤯 The deal could see Neura’s valuation soar to €8-€10 billion, and if successful, would represent one of the largest single-ticket investments in AI/robotics by a crypto firm. This venture aligns with Tether’s ambition to diversify its investment portfolio and potentially leverage their substantial reserves for technological advancements.