Tether has invested $20 million in a $197 million funding round by Argentine neobank Uala, Cointelegraph reported. Uala disclosed Tether’s participation when it announced the round in March but did not reveal the amount, the report said. The round was led by Allianz X, and Bloomberg reported Tether’s investment was $20 million. Tether has also expanded investments in Latin America.

The European Union has scaled back its artificial intelligence data centre procurement plan, revising a key infrastructure push soon after unveiling a “technology sovereignty package.” The tender structure and hardware requirements were adjusted and financing shifted toward the private sector. With Europe holding about 5 percent of global AI computing capacity versus about 80 percent for the United States, concerns persist over whether the EU can catch up quickly. Reliance on U.S. cloud providers and U.S. access limits on Anthropic models have intensified sovereignty debates.