Tether deepens AI bet, backs Italian firm’s humanoid robots
The funding will support the development of humanoid robots for industrial use, aiming for “industrial scale performance.”
Stablecoin giant Tether has announced it is one of the backers of an $81 million funding round for an Italian artificial intelligence startup aiming to build advanced humanoid robots.
The 70 million euro funding round for startup Generative Bionics was led by the AI fund of CDP Venture Capital, with participation from Tether, AMD Ventures, Duferco, Eni Next and RoboIT.
In an announcement on Monday, Tether said it provided capital to support the development of advanced humanoid robots, “built for industrial scale performance” and “human-centric interaction.”