Tether is backing a new class of industrial humanoid robots being built to take on dangerous and physically exhausting jobs inside factories and logistics hubs.
The stablecoin issuer joined AMD Ventures, Italy’s state-backed Artificial Intelligence Fund, and other investors in a €70 million round for Generative Bionics, a new spinoff from the Italian Institute of Technology.
The year-old company is developing “Physical AI” humanoids designed to operate in environments built for humans, handling lifting, hauling, and repetitive tasks that traditional robotic arms can’t easily perform. https://www.theblock.co/post/381797/tether-80-million-funding-round-italian-robots-built-high-risk-industrial-jobs
READ FULL ARTICLE: This article originally appeared on Geopolitics & Empire
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