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Stablecoin giant Tether is significantly expanding its artificial intelligence portfolio with a substantial investment in Generative Bionics, an Italian startup focused on developing advanced humanoid robots. This move underscores Tether's commitment to fostering innovation in AI and robotics, aiming to reduce reliance on Big Tech.
Key Takeaways
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Tether participated in a 70 million euro ($81 million) funding round for Generative Bionics.
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The investment aims to accelerate the development and industrial validation of humanoid robots with "real-world physical AI capabilities."
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This aligns with Tether's broader strategy of investing in emerging technologies that enhance human potential.
Generative Bionics' Vision
Generative Bionics, an AI startup spun out of the Italian Institute of Technology, is dedicated to creating humanoid robots designed for industrial applications. Their focus is on robots capable of "real-world physical AI capabilities," making them suitable for integration into factory production lines and other industrial settings. The company aims for "industrial scale performance" and "human-centric interaction" in its robotic designs.
Tether's Strategic AI Investments
Tether's investment in Generative Bionics is part of its wider strategy to support emerging technologies. The company categorizes its investments into five key areas: finance, power, data, education, and evolution, with AI initiatives falling under the latter. Tether stated that its capital will support the development of Physical AI systems, edge AI solutions, and the establishment of Generative Bionics' first production facility.
This investment follows a series of other significant AI-related ventures by Tether. The firm has previously explored a substantial investment in German AI robotics startup Neura and has supported other AI initiatives, including brain-computer interfaces through Blackrock Neurotech. Additionally, Tether is collaborating with Northern Data and Rumble to deploy a large-scale GPU compute network for open and privacy-preserving AI development.
Tether's backing of Generative Bionics signals a strong belief in the potential of decentralized AI and robotics to augment human capabilities without increasing dependence on major technology corporations.
Sources
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Tether deepens AI bet, backs Italian firm’s humanoid robots, mx.advfn.com.
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Tether deepens AI bet, backs Italian firm’s humanoid robots — TradingView News, TradingView.
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