Feb 23 24

Bezos, Microsoft join OpenAI in humanoid robot startup:

Jeff Bezos, Microsoft and other big technology names are investing in a business, Figure ...

bloomberg.com/news/articles/2024-02-23/bezos-nvidia-join-openai-microsoft-in-funding-humanoid-robot-startup-figure-ai

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Jeff Bezos

#jeff-bezos

American business magnate (born 1964)

Nvidia

@nvidia.com

OpenAI

#openai

artificial intelligence company, owner and operator of ChatGPT, ChatGPT Enterprise and OpenAI’s API tools

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Reuters

Credibility A

Feb 23 24

Bezos, Nvidia join OpenAI in funding humanoid robot startup, Bloomberg reports: Amazon.com founder Jeff Bezos, Nvidia and other big technology names are ...

reuters.com/technology/bezos-nvidia-join-openai-funding-humanoid-robot-startup-bloomberg-reports-2024-02-23/

Samakal Feb 24 24

Bezos, Nvidia join OpenAI: Amazon.com founder Jeff Bezos, Nvidia, and other big technology names are investing in startup Figure AI that develops human-like ...

en.samakal.com/tech/170828594/bezos-nvidia-join-openai

The Daily Star Feb 24 24

Bezos, Nvidia join OpenAI in funding humanoid robot startup: Bezos had committed $100 million through his firm Explore Investments LLC and Microsoft is investing ...

thedailystar.net/business/news/bezos-nvidia-join-openai-funding-humanoid-robot-startup-3551476

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Reuters

Feb 23 24

Bezos, Nvidia join OpenAI in funding humanoid robot startup, Bloomberg reports

reut.rs/42U95j8

Bloomberg

B+

Feb 23 24

Bezos, Nvidia Join OpenAI in Funding Humanoid Robot Startup: Jeff Bezos, Nvidia Corp. and other big technology names are investing in a business that’s ...

trib.al/bx62vFx

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Benzinga

B+

Jul 21

Jeff Bezos Backs $2.6 Billion AI Startup Teaming Up With Nvidia and Meta to Tackle One of the Chip Indust

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B+

Jun 05

Robotics startup Generalist AI is raising $400 million at a $2 billion valuation: Radical Ventures led the round, with Nvidia and Bezos Expeditions among the ...

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Die Zeit

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Oct 09 25

Artificial intelligence: Googling will never be the same again: Amazon founder Jeff Bezos thinks the AI bubble is a good thing. AMD shares are rising after the ...

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Sep 30 25

Former OpenAI and DeepMind researchers raise whopping $300M seed to automate science

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Business Insider

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Jun 07 25

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Dec 03 24

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ABC News

B+

Feb 29 24

Humanoid robot-maker Figure partners with OpenAI and gets backing from Jeff Bezos

abcnews.go.com/Technology/wireStory/humanoid-robot-maker-figure-partners-openai-gets-backing-107673380

165

Feb 29 24

Microsoft, OpenAI and Nvidia back $2.6bn robot start-up: Figure AI aims to transform labour market as it raises total $675mn in a funding round that also ...

ft.com/content/3f7e86e1-123a-4fba-af0a-680d955125c0

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Popular Science

B+

Feb 29 24

OpenAI wants to make a walking, talking humanoid robot smarter: Figure’s founder Brett Adcock says a new partnership with OpenAI could help its robots hold ...

popsci.com/technology/openai-wants-to-make-a-walking-talking-humanoid-robot-smarter/

Key FactsFigure Rides Humanoid Robot Hype Wave to $2.6B Valuation

Feb 29, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: techcrunch.com

Today Figure confirmed rumors of raising significant funding, announcing a $675 million Series B round valuing the startup at $2.6 billion.

Founder Brett Adcock initially invested $100 million, with an additional $70 million last May. The focus is on developing humanoid robots for industry, with funds geared towards accelerating market entry.

Figure set an ambitious goal to create a walking bipedal robot within a year. The partnership with OpenAI aims to enhance humanoid robots' capabilities, particularly in natural language processing.

Microsoft, OpenAI, and other notable investors have backed Figure to advance humanoid robot development for various applications, including warehouses.

7 similar articles