Stay updated with breaking news from Align Ventures. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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 chatb
Jinx plans to use the funds to expand its retail footprint in several channels.