German robotics startup Neura Robotics has secured up to $1.4 billion in fresh funding from a group of high-profile investors that includes Nvidia, Amazon, Qualcomm, Bosch, Schaeffler, and crypto giant Tether, marking one of the largest funding rounds ever completed by a European artificial intelligence company.
The financing values the company at roughly $7 billion and shows growing investor enthusiasm for humanoid robots and so-called "physical AI," a rapidly expanding sector focused on bringing artificial intelligence into machines that can operate in the physical world.