Tether invests $50M in Eight Sleep for AI health tech
Tether invested $50M in Eight Sleep, now valued at $1.5B. The funding will develop AI health features using Tether’s QVAC tech, marking its expansion into health technology.
Tether has invested $50 million in Eight Sleep, a sleep technology company now valued at $1.5 billion. Eight Sleep is known for its sensor-equipped sleep systems, particularly the "Pod," which tracks biometrics like heart rate and body temperature, adjusts mattress temperature, and provides real-time sleep insights. The new funding will support the development of AI-powered health features using Tether’s QVAC architecture, a framework designed for secure, on-device data processing. This approach enhances privacy and gives users greater control over their health data. This move is part of Tether’s broader strategy to diversify beyond stablecoins and crypto infrastructure, with recent investments in energy, payments, AI, and health technology. The partnership aims to integrate QVAC into Eight Sleep’s products, expanding health monitoring capabilities and emphasizing secure, personalized health intelligence. Tether’s reported net profits of over $10 billion through 2025 support its expansion into the health-tech sector.