According to a Financial Times (FT) report published this week, the stablecoin giant Tether is in talks to lead a €1 billion investment that would value Neura between €8 billion and €10 billion, marking one of the crypto company’s boldest tech forays yet.
Neura, known for its 4NE1 humanoid robots, is gearing up to scale production and push deeper into industrial and home robotics as global players like Nvidia, Tesla, and Softbank race to dominate the AI-powered robotics arena. Tether’s growing war chest — fueled by last year’s $13.4 billion in profits derived from U.S. Treasury income — has already backed 140 companies across sectors ranging from agriculture to neurotech, and executives have openly hinted that robotics is part of their long-term vision.
FT’s report says Neura’s ambitions are equally sweeping, with plans to produce 5 million devices by 2030 as it pursues what it calls an “iPhone moment” for humanoid machines. The six-year-old company is working with Morgan Stanley on the funding round, which could mark a tenfold jump from its prior valuation after raising €120 million earlier this year. Competition, however, is intensifying. Tesla’s Optimus project, China’s Unitree Robotics, and fast-funded U.S. start-ups like Figure AI and The Bot Company are all chasing dominance in a sector Nvidia’s Jensen Huang believes could grow into a multitrillion-dollar industry. Whether Tether seals the deal or keeps its cards close a bit longer, the crypto giant seems determined to plant a flag far beyond digital tokens.
FAQ
- What is Tether reportedly considering investing in?
A €1 billion funding round for German AI robotics start-up Neura. - Why is Neura attracting major investor attention?
Its humanoid robotics platform aims for massive industrial and home-robot deployment. - How does this fit Tether’s broader strategy?
Tether has been expanding into frontier-tech investments using its growing profits. - Which regions could feel the impact of this deal?
Europe’s robotics sector and global AI manufacturing hubs may see increased activity.
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