Business

Billionaire Jeff Bezos, Nvidia join OpenAI in $675 million funding for humanoid robot startup 

Tech moguls, including Jeff Bezos, are delving into the world of human-like robots, a venture driven by the quest to explore novel applications for artificial intelligence.  


Figure AI Inc., a startup in this domain, is securing a substantial $675 million in funding, and has a pre-money valuation of approximately $2 billion. With backing from heavyweights like OpenAI, Microsoft Corp., and Bezos’ Explore Investments LLC, Bloomberg first reported. 


Jeff Bezos is taking the lead with a commitment of $100 million, joined by Microsoft with a $95 million investment, while both Nvidia and an Amazon.com Inc.-affiliated fund contribute $50 million each.