Tether Explores $1.15B Investment in AI Robotics Startup Neura
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Tether is reportedly considering a significant investment of one point one five billion dollars in Neura, a German AI robotics startup. This potential deal, if finalized, could elevate Neura's valuation to between nine point three billion and eleven point six billion dollars, according to the Financial Times.
While discussions are ongoing, neither Tether nor Neura has confirmed the deal, which stands as a testament to Tether's expanding interests in artificial intelligence and robotics. Tether has already invested in one hundred forty companies, branching out from its original focus on Bitcoin mining into various sectors, including AI, energy, finance, and even sports.
This investment in Neura aligns with the growing trend of integrating AI with robotics, aimed at enhancing automation capabilities. Neura's robots are designed to assist both humans and AI in numerous tasks, ranging from streamlining production processes at manufacturing sites to performing mundane household chores.
The company has ambitious plans to manufacture five million robots by the year 2030 to facilitate these tasks. Neura's CEO, David Reger, has stated that their robot model, known as 4NE-1, is intended to handle tasks that people typically dislike.
In addition to this potential investment, Tether's financial performance has been impressive, reporting a net profit of over ten billion dollars in the first three quarters of twenty twenty-five, building on a thirteen point four billion dollar profit in twenty twenty-four.
This places Tether among the most profitable companies globally on a per-employee basis. The company primarily generates revenue from interest on US Treasury bills backing its stablecoin, USDT, which has a market capitalization of approximately one hundred eighty-four billion dollars.
Furthermore, Tether has also expanded into commodity-trade lending, investing around one point five billion dollars into agricultural products and oil. Recently, the market cap of Tether's tokenized gold product, Tether Gold, has surged by seventy percent to over two point one billion dollars.
This development comes in the broader context of Tether exploring a twenty billion dollar fundraising round that could potentially boost its valuation to five hundred billion dollars, placing it in competition with major tech firms like OpenAI.