Sat. Jul 27th, 2024



TLDR:

Key Points:

  • Technology titans such as Amazon’s Jeff Bezos, OpenAI, Nvidia, Intel, and Samsung have invested US$675 million in Figure AI Inc.
  • Figure AI Inc. recently announced a partnership with BMW to deploy general-purpose humanoid robots in automotive factories.

Article Summary:

Amazon’s Jeff Bezos, OpenAI, Nvidia, Intel, and Samsung have collectively invested US$675 million in Figure AI Inc., a startup based in Sunnyvale, Calif. The investment values the startup at over US$2 billion. Figure AI Inc. also recently signed a deal with BMW to introduce general-purpose humanoid robots in automotive factories, aiming to increase productivity, reduce costs, and create a safer work environment.