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Amazon announces over €700 million investment in robotics and AI powered technologies across Europe

Amazon is using its Innovation Lab, home to a diverse team of scientists and engineers from all over the world, to develop and test new technologies to better support employees and deliver for customers.

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Insight Partners' Ryan Hinkle on how to break into VC and build a career there

Hinkle, who runs the firm’s analyst program, shares the best career advice he’s ever received, what it takes to get promoted in VC, and other career advice.

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Archetype AI Introduces Foundation Model to Pioneer Physical AI

PALO ALTO, Calif.--(BUSINESS WIRE)--Apr 5, 2024--

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Archetype AI Raises $13M in Seed Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

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Amazon-Backed Agility Robotics Laid Off a 'Small Number' of Staff

Workers affected by the job cuts "were not central to core product development and commercialization," an Agility Robotics spokesperson said.

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Robotics startup Figure raises $675 million from Microsoft, Nvidia, other big techs

Robotics startup Figure raises $675 million from Microsoft, Nvidia, other big techs
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Robotics startup Figure raises $675 mln from Microsoft, Nvidia, other big techs

Robotics startup Figure said on
Thursday it had raised $675 million in an early-stage funding
from investors including Nvidia, Microsoft and
Amazon.com founder Jeff Bezos at a valuation of...

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Figure rides the humanoid robot hype wave to $2.6B valuation and OpenAI/Microsoft partnerships

Figure rides the humanoid robot hype wave to $2.6B valuation and OpenAI/Microsoft partnerships
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Figure rides the humanoid robot hype wave to $2.6B valuation

Figure rides the humanoid robot hype wave to $2.6B valuation
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Robotics startup Figure raises $675 million from Microsoft, Nvidia, OpenAI

(Reuters) -Robotics startup Figure said on Thursday it raised $675 million in a funding round from investors including Nvidia, Microsoft and Amazon.com founder Jeff Bezos at a valuation of $2.6 billion. Sunnyvale, California-based Figure also said it signed a collaboration with OpenAI to develop generative artificial intelligence for its humanoid robots. Other companies involved in the Figure funding include OpenAI Startup Fund, Amazon Industrial Innovation Fund, Parkway Venture Capital, Intel Capital, Align Ventures and ARK Invest.

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