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Humanoid Robot: Jeff Bezos, Nvidia, OpenAI, and other big technology names are investing in Figure AI Inc., a startup developing human-like robots. The funding round raised $675 million with a pre-money valuation of $2 billion.

Jeff Bezos, Nvidia Corp. and other big technology names are investing in a business that’s developing human-like robots, according to people with knowledge of the situation, part of a scramble to find new applications for artificial intelligence.

Bezos had committed $100 million, Nvidia and an Amazon-affiliated fund providing $50 million

Jeff Bezos, Nvidia, and Amazon are investing in humanoid robot development through startup Figure AI, raising approximately $675 million in a funding round.

Figure AI raises $675 million to build human-like robots.

Amazon.com founder Jeff Bezos, Nvidia and other big technology names are investing in a startup Figure AI that works in developing human-like robots, Bloomberg News reported on Friday, citing people...

Jeff Bezos, Nvidia, OpenAI, and other big technology names are investing in Figure AI Inc., a startup developing human-like robots. The funding round raised $675 million with a pre-money valuation of $2 billion.

(Reuters) -Amazon.com founder Jeff Bezos, Nvidia and other big technology names are investing in startup Figure AI that develops human-like robots, ...

Figure AI, also backed by ChatGPT-maker OpenAI and Microsoft, is raising about $675 million in a funding round that carries a pre-money valuation of about $2 billion, according to the report. Bezos had committed $100 million through his firm Explore Investments LLC and Microsoft is investing $95 million, while Nvidia and an Amazon-affiliated fund are each providing $50 million, the report added. Investments in artificial intelligence startups have sparked after the launch of OpenAI's viral ...

Jinx plans to use the funds to expand its retail footprint in several channels.