Figure AI: A startup building human-like robots with investment from Bezos to Nvidia

In the rapidly changing world of technology, a new controversy is about to arise over humanoid robots. These days many big names in the tech world are spending money to create humanoid robots

The name of Open AI, the company that created ChatGPT, was already included in this list. Recently, one of the richest people in the world, Jeff Bezos’s company Amazon and Google-Amazon, the semiconductor company Nvidia has also been added to this competition.

According to a Bloomberg report, several tech giants have invested in Figure AI, a startup company that makes humanoid robots. It includes the world’s largest companies such as Amazon, Nvidia and Microsoft. The startup already has a partnership with OpenAI and a consortium of several other investors has invested money.

Now Figure AI has received an investment of around $675 million in its latest funding round. The value of the company increased by almost 2 billion dollars.

Jeff Bezos has invested $100 million in Figure AI. He made this investment through his firm Explore Investment LLC. At the same time, Microsoft is betting $95 million on Figure AI. Apart from these companies, funds related to Nvidia and Amazon have also invested 50 million dollars each.

Figure AI, a firm, has already received a $5 million investment from Open AI. Open AI initially tried to buy Figure AI. After failing, it was decided to invest five million dollars.

Figure AI is also backed by investors like Intel’s venture capital arm, LG Innotek, Samsung’s Investment Group, Parkway Venture Capital, Align Ventures, ARK Venture Fund, Alia Capital Partners, Tamarack, etc.

The world of technology, especially the world of AI, has been in focus for the past year and a half. ChatGPT, a popular product of Open AI, has brought a big change in this matter. Currently, from Google to Facebook and from Elon Musk to Jeff Bezos, all the big names in the tech world are working on AI. No one wants to be left behind in this AI race. Figure AI is a new dimension in the ongoing race of artificial intelligence.

Rabins Sharma Lamichhane

Rabins Sharma Lamichhane is senior ICT professional who talks about #it, #cloud, #servers, #software, and #innovation. Rabins is also the first initiator of Digital Nepal. Facebook: rabinsxp Instagram: rabinsxp

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