Jeff Bezos, Nvidia Join OpenAI in Funding Humanoid Robot Startup Figure AI

www.analyticsdrift.com

Image source: Analytics Drift

Amazon, Nvidia, and Microsoft are backing Figure AI, a startup specializing in humanoid robots. According to Bloomberg, with OpenAI’s support, the startup secured $675 million, valuing it at $2 billion.

Image source: Figure

Tech Titans Invest in Figure AI’s Humanoid Robots

Jeff Bezos’ firm reportedly commits $100 million, Microsoft injects $95 million, while Nvidia and an Amazon-related fund contribute $50 million each. Interest in AI startups rises post-ChatGPT success.

Image source: Canva

Investment Boost for AI Startups

Despite prior acquisition considerations, OpenAI decides to invest $5 million in Figure AI, backed by Intel, LG, Samsung, Parkway VC, and Align Ventures.

Image source: Canva

OpenAI Invests $5 Million in Figure AI

Investments from ARK Venture Fund, Aliya Capital Partners, and Tamarack show broad investor interest in Figure AI.

Image source: Canva

Investor Interest Grows in Figure AI

Major players like Amazon, Nvidia, Microsoft, and Intel declined to comment, while Figure AI and others refrained from immediate responses to Reuter’s inquiries.

Image source: Canva

Tech Giants Silent on Enquiry

Sunnyvale, California’s Figure AI leads in versatile humanoid robot development, navigating diverse environments for warehousing and retail tasks.

Image source: Figure

Sunnyvale’s Figure AI Advances Humanoid Robots

Last year, the company raised $70 million in its debut external funding round, led by Parkway Venture Capital, showcasing early confidence in its innovative robotics technology approach.

Image source: Parkway

Parkway Venture Capital Leads $70M Investment

Get the latest updates on AI developments

WhatsApp 

Join our

Channel Now!

Produced by: Unnati Gupta Designed by: Prathamesh