Tether prepares €1 billion funding deal with AI startup Neura

Tether plans to enter into a €1 billion financing agreement with Neura, an Australian startup specializing in artificial intelligence and robotics. Negotiations are currently underway on the terms of the investment, which could significantly strengthen the positions of both companies in the Ukrainian and international markets. Tether, known for its projects in the cryptocurrency world, is looking to expand its operations and trade in AI technologies.

Source Financial Times

This deal is important in light of the growing competition in the technology sector. With the investment in Neura, Tether is trying to consolidate its position in robotics and the creation of new technologies. If the deal goes through, Tether will standardize AI solutions, which could lead to new innovations in financial technology and improved customer service. The company's next steps will depend on the outcome of the negotiations and possible terms of the investment, which may be announced in the near future.