[Generative Bionic Secures €70 Million in Funding, Tether Participates]
Italian humanoid robotics company Generative Bionic has secured €70 million in funding, with participation from Tether, AMD Ventures, and the Italian government-backed AI fund. Founded just a year ago, Generative Bionic is developing 'physical AI' humanoid robots designed to work in environments built for humans, performing tasks such as handling, lifting, and repetitive actions that traditional robotic arms struggle to accomplish with ease.