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#AI humanoid robot unicorn secures $2 billion from tech giants. #TechFunding 🤝 Follow us on Discord 🔜: https://lnkd.in/gt823Zd3 🤝 Follow us on Whatsapp 🔜 https://wapia.in/wabeta _ ❇️ Summary: Big technology names like Jeff Bezos, Nvidia Corp., and Microsoft Corp. are investing in Figure AI Inc., a startup developing human-like robots using artificial intelligence. The funding round is raising $675 million with a pre-money valuation of $2 billion. The company hopes its robot, Figure 01, can perform dangerous tasks and alleviate labor shortages. Other technology companies like Intel Corp., LG Innotek, and Samsung are also investing. The AI robotics industry is expanding rapidly with other companies like OpenAI-backed 1X Technologies AS and Sanctuary AI developing humanoid robots. Hashtags: #chatGPT #AIunicorn #TechInvestment

Figure AI was founded in 2022 and just raised $675 million with a $2.6B valuation. Notable investors include Jeff Bezos, Nvidia, Microsoft, and OpenAI. The funds will fuel the advancement of their humanoid robot, Figure 01, designed for commercial applications. Figure AI aims to deploy robots in sectors facing labor shortages, such as manufacturing and warehousing. The company's long-term vision is for Figure 01 to perform everyday tasks autonomously, necessitating the development of robust AI systems. As part of the deal, Figure AI is collaborating with OpenAI to create next-generation AI models for humanoid robots and leveraging Microsoft's Azure cloud services for infrastructure. #ai #approachableai #generativeai

📌Humanoid Robot startup Figure raised $675M in Series B funding led by industry giants including Microsoft, NVIDIA, Jeff Bezos and others. 📌According to Figure, the fresh capital injection will be utilized to scale up AI training, accelerate robot manufacturing, expand engineering capabilities, and further efforts in commercial deployment. Notably, a significant portion of the funding will be allocated to collaborating with OpenAI on creating next-generation AI models tailored for humanoid robots. ⭐️ Read more on MPost: https://lnkd.in/gmNtd7-H 🚨 Follow us for the latest AI, Crypto & Metaverse News  #datascience #generativeaitools #aidevelopment #llm #aiandml #datascience #generativeaitools #aidevelopment #AI  #Metaverse #technology #responsibleAI #dataanalytics #generatieveai #ArtificialIntelligence #generativeai #ai4good #aicommunity #ai #generativemodels #aiandml

The article focuses on the newest investors in startup Figure AI, which is building a humanoid robot. Amazon founder Jeff Bezos, Nvidia, Microsoft, OpenAI, Intel, Samsung, and LG Innotek are among the corporate investors in a $675M funding round, valuing the company at $2B. The involvement of these major players signals confidence in Figure AI's potential and reflects growing interest in AI-powered robotics. Figure AI's development of an artificial intelligence-powered humanoid robot, with potential uses in tasks deemed dangerous or unsuitable for humans, underscores the company's innovative approach. Additionally, the article briefly mentions Tesla's development of its own humanoid-like robot, highlighting the increasing interest and competition in this emerging industry.

Figure Raises $675M for AI Humanoid Robots Key Points: Figure, an AI robotics firm, secured $675M in Series B funding, reaching a $2.6 billion valuation. Key investors include Microsoft, OpenAI Startup Fund, NVIDIA, and Jeff Bezos. The funding will support a collaboration with OpenAI to develop advanced AI models for humanoid robots, utilizing Microsoft Azure for infrastructure. This partnership aims to enhance humanoid robots' language processing and reasoning, potentially fast-tracking commercial deployment. Importance: Figure's funding and collaboration with OpenAI highlight significant advancements in AI and robotics, promising future innovations in humanoid robot capabilities.

Humanoid robot startup Figure AI valued at $2.6 billion as Bezos, Nvidia join funding https://lnkd.in/ehS5Wr4k Quotes from the article: Figure AI, a startup working to build humanoid robots that can perform dangerous and undesirable jobs, just got a big vote of confidence from some of the largest names in artificial intelligence. The company said Thursday that it raised $675 million at a $2.6 billion valuation from investors including Jeff Bezos, Nvidia, Microsoft and Amazon’s $1 billion Industrial Innovation Fund. Founded in 2022, Figure AI has developed a general-purpose robot, called Figure 01, that looks and moves like a human. The company sees its robots being put to use in manufacturing, shipping and logistics, warehousing, and retail, “where labor shortages are the most severe,” though its machines aren’t intended for military or defense applications. Figure’s ultimate aim is for Figure 01 to be able to perform “everyday tasks autonomously.” The company says getting there will require it to develop more robust AI systems. As part of the deal announced Thursday, Figure said it’s partnering with ChatGPT maker OpenAI to “develop next generation AI models for humanoid robots.” It will also use Microsoft’s Azure cloud services for AI infrastructure, training and storage, Figure said. #artificialintelligence #ai #machinelearning #computerscience #robots #humanoidrobots #robotics #thecloud #internet #cyberspace #manversusmachine #manufacturing #shipping #logistics #jobmarkets #work #employment #futurework #bigtech #amazon #microsoft #nvidia #openAI #jeffbezos

Jeff Bezos and OpenAI bet big on physical intelligence: the future of versatile, adaptable robots! Jeff Bezos and OpenAI have invested in the robotics startup Physical Intelligence, which has secured $400 million in early-stage funding, bringing its valuation to $2 billion. Physical Intelligence focuses on developing foundational AI software that allows robots to handle a broad range of tasks without requiring custom programming for each one. Unlike traditional robotic systems that need specific instructions for each new function, this technology aims to create adaptable robots capable of learning and performing tasks autonomously. Can't wait for adoption of smart Robots, hopefully soon! Read even more here: https://lnkd.in/eQWa3rnG

Figure AI, a leading robotics and AI startup, is developing bipedal humanoid robots designed to perform tasks typically done by humans, addressing labor shortages and safety concerns across various industries. Their latest model, Figure 02, boasts enhanced communication capabilities and generative AI for improved flexibility and responsiveness. These communication features are vital for safety, as the robot is designed to operate without a safety cage and work alongside human coworkers. Valued at over 2.6 billion U.S. dollars and backed by major tech players like Microsoft, OpenAI, and Nvidia, Figure AI is well-positioned to revolutionize industries with humanoid robots, thanks to its strong financial and technological support. The humanoid robotics market is poised for significant growth, with companies like Boston Dynamics, Tesla, and Digit vying for industry dominance in the coming years. Follow our content about Figure AI and the robotics industry to learn more >> https://lnkd.in/eA6VqaR3 #robotics #FigureAI #HumanoidRobots #ArtificialIntelligence #AI #Statista #TechTrends

Is ChatGPT-5 getting a body? Figure, a company developing next-generation humanoid robots, has recently secured $675 million in funding, bringing their valuation to $2.6 billion. This significant investment will fuel their mission of bringing commercial-use humanoid robots to life. Figure has also signed a collaboration agreement with OpenAI, the leading artificial intelligence research lab. This powerful partnership will focus on developing cutting-edge AI models specifically designed for robots. Additionally, Microsoft has pledged its support by providing cloud computing services to Figure. This strategic collaboration between Figure, OpenAI, and Microsoft signifies a major leap forward in the field of robotics. By combining their expertise in robotics, AI, and cloud computing, they are poised to revolutionize the way we interact with machines. #humanoidrobots #artificialintelligence #collaboration #futureofwork #ai What are your thoughts on the potential impact of humanoid robots in various industries? https://lnkd.in/erSUW2jv

Several prominent technology figures, including Jeff Bezos, Nvidia Corp., Microsoft Corp., OpenAI, and others, are investing in Figure AI Inc., a startup developing human-like robots. The funding round is estimated to raise about $675 million, valuing Figure at approximately $2 billion pre-money. The startup aims to create robots capable of performing dangerous tasks, alleviating labor shortages, and applying cutting-edge AI technology to real-world applications. The investment reflects the growing interest in robotics as a critical frontier for AI advancement, with various companies exploring humanoid robot development. These include OpenAI-backed 1X Technologies AS, Sanctuary AI, Tesla Inc., and Agility Robotics, among others. Jeff Bezos, through his firm Explore Investments LLC, is committing $100 million to Figure AI, indicating a significant endorsement of the startup's vision. (Source: fortune) Like this content ? Follow Us For More ❤️ #AI #ArtificialIntelligence #JeffBezos #Microsoft #OpenAI #Nvidia #Robotics