Big Tech Bets Big on Humanoid Robots: Bezos, Nvidia, Microsoft join $675 million figure AI funding round
ChatGPT in November 2022, as investors sense an opportunity, betting on these startups that they might outpace bigger rivals. OpenAI, which at one point considered acquiring Figure, is investing $5 million, the report added.
Backers include Intel's venture capital arm, LG Innotek, Samsung's investment group, as well as venture firms Parkway Venture Capital and Align Ventures, the report added. ARK Venture Fund, Aliya Capital Partners and Tamarack are also among investors in the startup, according to the report.
Amazon, Nvidia, Microsoft and Intel declined to comment, while other names mentioned in the report, including Figure AI, did not immediately respond to Reuters' requests for comment. Last year, Sunnyvale, California-based Figure, which develops general-purpose humanoid robots that could work in different environments and handle a variety of tasks from warehouses to retail, raised $70 million from investors led by Parkway Venture Capital in its first external round.Milestone Alert!
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