2024-02-26 05:15:13
With major funding to invest in AI startups developing humanoid robot projects following ChatGPT's launch, Figure AI is a company aiming to lead the wave. A new wave of capable manufacturing robots, backed by Big Tech, could alleviate labor shortages and workplace safety issues.
Figure AI is a startup company developing humanoid robots powered by AI technology that has raised over $675 in funding. million dollars in the latest funding round, with Amazon and Nvidia founder Jeff Bezos investing heavily. Bloomberg's sources say the massive injection of capital boosted the startup's valuation to about $2 billion upfront.
Investments from major technology companies such as Big Tech and investors including Amazon, Nvidia, Microsoft, Intel's venture capital arm and Explore Investments, the venture capital firm owned by Amazon founder Jeff Bezos, are among the most valuable. At $100 million, Microsoft and Amazon raised $95 million and $50 million, respectively. Nvidia matched Amazon's $50 million, Intel raised more than $25 million, and OpenAI chipped in another $5 million, among many others.
After the launch of Figure AI in March last year with the Figure 01 robot, which was billed as a general humanoid robot assistant, Suitable for various applications From factory work to household help. The robots move and interact like humans with built-in AI software to alleviate labor shortages. But there still needs to be further development, improvement, and extension of this technology.
In addition to Figure AI, other companies are developing humanoid robots. Last month, 1X Technologies, a robotics company backed by OpenAI, raised $100 million, and Vancouver's Sanctuary AI is working on a humanoid robot called Phoenix, among others, competing to become Leading the way in developing robot technology, more and more advanced functionality is being offered in robot applications on the market.
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