"Tech Titans Invest in Human-Like Robot Startup"

1 min read
Source: Business Insider
"Tech Titans Invest in Human-Like Robot Startup"
Photo: Business Insider
TL;DR Summary

Figure AI Inc., a startup aiming to create autonomous humanoid robots for warehouse work, is raising $675 million in funding with backing from big names like Jeff Bezos, Microsoft, OpenAI, Nvidia, and Intel. The company's AI-powered robot, Figure 01, is designed to perform dangerous warehouse jobs and address labor shortages. With a pre-money valuation of about $2 billion, the startup is attracting significant investment amid a broader AI boom in the industry.

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