Major Tech Giants Invest Millions in a Startup Specializing in Humanoid Robots

Major Tech Giants Invest Millions in a Startup Specializing in Humanoid Robots

In the realm of high-tech, human-like robots are poised to become the next major innovation. Prominent figures in the IT industry, such as Jeff Bezos and Nvidia Corp., have reportedly invested substantial sums in Figure AI Inc., a startup dedicated to developing robots with human-like characteristics. The company aims to raise around $675 million in funding to further its initiatives in artificial intelligence exploration, marking a significant step in the quest for innovative AI applications.

Jeff Bezos, through Explore Investments LLC, has pledged $100 million, while Microsoft’s contribution stands at $95 million. Nvidia and an Amazon-affiliated fund have each invested $50 million, with other tech giants also participating. Intel Corp.’s venture capital division has channeled $25 million, LG Innotek contributed $8.5 million, and Samsung’s investment group made a $5 million commitment. Notably, venture capital firms Parkway Venture Capital and Align Ventures have also joined the cause, contributing $100 million and $90 million, respectively.

The rise of Figure AI Inc. comes amid a surge in investment activity in the artificial intelligence sector since the widespread adoption of OpenAI’s ChatGPT chatbot in November 2022. Investors recognize the potential of emerging AI startups and are betting on their ability to surpass established competitors.

For tech enthusiasts eager to explore the latest AI advancements, the Apple iPad (9th Generation) Tablet provides an ideal platform. Featuring a powerful A13 Bionic chip, a 10.2-inch Retina Display, 64GB of RAM, and seamless Android integration, it offers a reliable foundation for experimenting with cutting-edge AI applications. Currently priced at $249 on Amazon, it presents an attractive opportunity for those interested in delving into the world of AI experimentation.

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