Tech giants Jeff Bezos, Nvidia, Microsoft, and Intel invest $700m in Figure AI, a company developing humanoid robots for worker shortages.

Tech giants Jeff Bezos, Nvidia, Microsoft, and Intel are investing $700m in Figure AI, a company developing humanoid robots that could alleviate worker shortages. Figure AI is raising around $675m in a funding round, with Bezos' firm Explore Investments committing $100m, Microsoft $95m, Nvidia $50m and an Amazon-affiliated fund $50m. The company aims to mass produce a humanoid robot that can be useful in real-world tasks.

February 23, 2024
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