[Tether participated in an $80 million funding round for Italian humanoid robotics company Generative Bionics] Tether is supporting the development of a new type of industrial humanoid robot designed to take on dangerous and physically demanding tasks in factories and logistics centers. The stablecoin issuer, together with AMD Ventures, the Italian government-backed AI fund, and other investors, contributed €70 million in funding to Generative Bionics (a new spin-off from the Italian Institute of Technology).
This company, established just a year ago, is developing “physical AI” humanoid robots aimed at operating in human-built environments to handle lifting, transporting, and repetitive tasks that traditional robotic arms find difficult to perform.
For Tether, this investment is part of a strategy described by its CEO Paolo Ardoino as a “shift toward supporting digital and physical infrastructure.”
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Tether participated in the $80 million funding round for the Italian humanoid robotics company Generative Bionics.
[Tether participated in an $80 million funding round for Italian humanoid robotics company Generative Bionics] Tether is supporting the development of a new type of industrial humanoid robot designed to take on dangerous and physically demanding tasks in factories and logistics centers. The stablecoin issuer, together with AMD Ventures, the Italian government-backed AI fund, and other investors, contributed €70 million in funding to Generative Bionics (a new spin-off from the Italian Institute of Technology).
This company, established just a year ago, is developing “physical AI” humanoid robots aimed at operating in human-built environments to handle lifting, transporting, and repetitive tasks that traditional robotic arms find difficult to perform.
For Tether, this investment is part of a strategy described by its CEO Paolo Ardoino as a “shift toward supporting digital and physical infrastructure.”