Tether Invests in Italian Humanoid Robot Startup

Tether, the issuer of the leading stablecoin USDT, has invested in an Italian artificial intelligence startup focused on developing humanoid robots for industrial applications. The company participated in a 70 million euro funding round announced on Monday for Generative Bionics, a spinoff from the Italian Institute of Technology.

The round, equivalent to about 75 million dollars, was led by the AI fund of CDP Venture Capital, Italy's national innovation agency. Other participants included AMD Ventures, Duferco, Eni Next, and RoboIT. Generative Bionics, drawing on more than two decades of research at the institute, has developed around 60 advanced humanoid prototypes and assembled a team of approximately 70 engineers and AI scientists with over 600 years of combined experience in robotics and related fields. The startup holds exclusive licenses for key technologies originating from the institute.

The investment will fund the advancement of physical AI systems and edge AI solutions, enabling robots designed for heavy-duty tasks in environments built for human workers. These include lifting, hauling, and repetitive operations in sectors such as manufacturing, logistics,...