Tag: humanoid robot startup

Jeff Bezos, Nvidia join OpenAI in funding humanoid robot startup
Technology

Jeff Bezos, Nvidia join OpenAI in funding humanoid robot startup

[ad_1] Jeff Bezos, Nvidia Corp. and other big technology names are investing in a business that's developing human-like robots, according to people with knowledge of the situation, part of a scramble to find new applications for artificial intelligence.The startup Figure AI Inc. — also backed by OpenAI and Microsoft Corp. — is raising about $675 million in a funding round that carries a pre-money valuation of roughly $2 billion, said the people, who asked not to be identified because the matter is private. Through his firm Explore Investments LLC, Bezos has committed $100 million. Microsoft is investing $95 million, while Nvidia and an Amazon.com Inc.-affiliated fund are each providing $50 million. Robots have emerged as a critical new frontier for the AI industry, letting it apply cutt...