The company Tether, behind the issuance of the largest stablecoin USDT, announced investments in the development of humanoid robots by the subsidiary startup of the Italian Institute of Technology (IIT) Generative Bionics. In the funding round, €70 million was raised.

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Generative Bionics is engaged in creating robots with "physical AI" intended for industrial use and interaction with humans. The startup leverages the results of IIT's two decades of research in robotics, holds exclusive licenses for key technologies, and employs around 70 engineers and artificial intelligence specialists from the Italian Institute of Technology, the statement said.#USDT