Tether invests in Italian humanoid robot company Generative Bionics' €70 million financing

According to The Block, stablecoin issuer Tether, along with AMD Ventures, the Italian state-backed AI fund, and other investors, participated in a €70 million (approximately $81.48 million) funding round for the newly spun-off generative bionics company from the Italian Institute of Technology.

The one-year-old company is developing "embodied artificial intelligence" industrial humanoid robots designed to operate in environments built for humans, capable of performing handling, towing, and repetitive tasks that traditional robotic arms struggle to execute easily. CEO Paolo Ardoino stated that this investment is part of what he describes as a shift towards supporting "digital and physical infrastructure," projects that expand the company's business landscape beyond stablecoins and reduce its "dependency" on an increasingly centralized system under the regulation of large tech companies. Generative Bionics announced that its first industrial deployments are scheduled to launch in early 2026, targeting industries including manufacturing, logistics, healthcare, and retail.