Swiss-Mile’s Post

Several prominent technology figures, including Jeff Bezos, Nvidia Corp., Microsoft Corp., OpenAI, and others, are investing in Figure AI Inc., a startup developing human-like robots. The funding round is estimated to raise about $675 million, valuing Figure at approximately $2 billion pre-money. The startup aims to create robots capable of performing dangerous tasks, alleviating labor shortages, and applying cutting-edge AI technology to real-world applications. The investment reflects the growing interest in robotics as a critical frontier for AI advancement, with various companies exploring humanoid robot development. These include OpenAI-backed 1X Technologies AS, Sanctuary AI, Tesla Inc., and Agility Robotics, among others. Jeff Bezos, through his firm Explore Investments LLC, is committing $100 million to Figure AI, indicating a significant endorsement of the startup's vision. (Source: fortune) Like this content ? Follow Us For More ❤️ #AI #ArtificialIntelligence #JeffBezos #Microsoft #OpenAI #Nvidia #Robotics

The future is now! Figure AI Inc. is at the forefront of merging AI with the tangible world, developing humanoid robots that promise to revolutionize how we approach labor-intensive and dangerous tasks. 🤖 With a whopping $675 million in its latest funding round and a valuation nearing $2 billion, Figure AI is drawing significant attention and investment from tech giants. Among its backers, Jeff Bezos, Nvidia, OpenAI, and Microsoft are leading the charge, showcasing a strong belief in the potential of AI-driven robotics. This investment not only highlights the growing interest in practical AI applications but also underscores the industry's commitment to solving real-world problems. With the aim to alleviate labor shortages and enhance efficiency, Figure AI's humanoid robots could be the next big leap in technology and society. #Robotics #AI #Technology #Innovation #HumanoidRobots #Investment #FutureOfWork #TechTrends #VentureCapital #Startups #Algoimperial #AI #AssetManagement

🌟 AI Innovation Takes Center Stage: Fei-Fei Li's World Labs Secures $120M Investment 🌟 Exciting news in the AI world! AI pioneer Fei-Fei Li has raised an impressive $120 million for her new spatial intelligence startup, World Labs, with significant investments from Andreessen Horowitz and Radical Ventures within 4 months. This milestone underscores the transformative potential of AI and promises to drive innovation in understanding and interpreting spatial data. Key Highlights: 🔔 Visionary Leadership: Fei-Fei Li, renowned for her groundbreaking work in AI, continues to push the boundaries of technology. Her new venture, World Labs, aims to revolutionize spatial intelligence, a critical aspect of AI that focuses on understanding the spatial relationships between objects. 🔔 Strategic Investment: The substantial backing from Andreessen Horowitz and Radical Ventures signals strong confidence in World Labs' vision and potential. These strategic investments will accelerate the development of advanced spatial intelligence technologies, fostering innovation across various sectors. 🔔 Revolutionizing Spatial Intelligence: World Labs is set to tackle some of the most pressing challenges in AI, focusing on spatial intelligence to enhance machine learning algorithms' ability to process and interpret spatial data. This breakthrough has far-reaching implications, from autonomous vehicles to robotics and beyond. At Edtronaut, we are inspired by Fei-Fei Li's dedication to advancing AI research and development. Fei-Fei Li's groundbreaking work and this substantial investment highlight the transformative power of AI. Let's celebrate this monumental achievement and the bright future of AI! #Edtronaut #AI #Innovation #FutureOfAI #Investment #WorldLabs #SpatialIntelligence

Daily AI Digest 📰🤖: Stanhope AI Raises £2.3m for AI that Teaches Machines to Make Human-Like Decisions Stanhope AI, a company applying neuroscience research to AI, has secured £2.3m in seed funding. Led by the UCL Technology Fund, the funding round also saw participation from Creator Fund, MMC Ventures, Moonfire Ventures, Rockmount Capital, and angel investors. Stanhope AI's technology is based on the neuroscience principle of Active Inference, which allows their AI models to continuously update their "internal models of the world" and make human-like decisions. The company's technology is being tested with delivery drones and autonomous machines, with potential applications in manufacturing, industrial robotics, and embodied AI. From a small business owner's perspective, Stanhope AI's advancements in AI technology hold great promise. The ability to teach machines to make human-like decisions opens up new possibilities for automation and efficiency. This technology could greatly impact industries such as manufacturing, where autonomous machines can adapt and learn in real-time. It's exciting to see the intersection of neuroscience and AI, and the potential for AI systems that can think and decide like humans. Credit: Duncan MacRae

🚀 𝗘𝘅𝗽𝗹𝗼𝗿𝗲 𝟭𝟬 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗱𝗲𝗲𝗽𝘁𝗲𝗰𝗵 𝘀𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝗿𝗲𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝗶𝘇𝗶𝗻𝗴 𝘁𝗵𝗲 𝗴𝗹𝗼𝗯𝗮𝗹 𝘁𝗲𝗰𝗵 𝗹𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲! 🌍 These companies are pushing the boundaries of innovation in areas such as artificial intelligence, quantum computing, urban mobility, and robotics.  Here are some of the startups shaping the future: 1️⃣ Graphcore 🇬🇧 - Accelerating AI with a new type of processor.  2️⃣ IQM Quantum Computers 🇫🇮 - Building cutting-edge quantum computers for a better future.  3️⃣ Lilium 🇩🇪 - Developing an on-demand air taxi service for sustainable aviation.  4️⃣ Sana 🇸🇪 - Transforming learning through AI.  5️⃣  Wandercraft 🇫🇷 - Redefining rehabilitation with autonomous exoskeletons. 👉 Curious about the other 5 startups? Swipe through the carousel to uncover more cutting-edge innovations reshaping our future! Follow them to stay informed about the latest developments in European deeptech! #Deeptech #Innovation #Startups #Europe #AI #Quantum #Mobility #Robotics #VentureCapital #PrivateEquity #CVC #FamilyOffice ANYbotics BEIT Five AI Tibber Volocopter

Skild AI, a Pittsburgh-based start up, announced 300M in Series A funding bringing them to a valuation of 1.5 billion yesterday.   Skild AI develops artificial general intelligence rooted in the physical world. From resilient quadrupeds mastering adverse physical conditions, to vision-based humanoids performing dexterous manipulation of objects for complex household and industrial tasks, their model will enable the use of low-cost robots across a broad range of industries and applications.    The caliber of Skild AI's investors speaks for itself as Pittsburgh continues to deepen it’s roots in the hard tech and AI spaces– Lightspeed Venture Partners, Coatue, SoftBank Group, Jeff Bezos (Bezos Expeditions), alongside leading VC firms like Sequoia and Felicis.     As they continue to scale here in Pittsburgh, they are looking to hire in roles across AI, robotics, engineering, operations, and security. Learn more about SkildAi and their open roles by visiting their website: https://lnkd.in/erHQ385Z 

Figure Raises $675M for AI Humanoid Robots Key Points: Figure, an AI robotics firm, secured $675M in Series B funding, reaching a $2.6 billion valuation. Key investors include Microsoft, OpenAI Startup Fund, NVIDIA, and Jeff Bezos. The funding will support a collaboration with OpenAI to develop advanced AI models for humanoid robots, utilizing Microsoft Azure for infrastructure. This partnership aims to enhance humanoid robots' language processing and reasoning, potentially fast-tracking commercial deployment. Importance: Figure's funding and collaboration with OpenAI highlight significant advancements in AI and robotics, promising future innovations in humanoid robot capabilities.

𝐌𝐢𝐜𝐫𝐨𝐬𝐨𝐟𝐭, 𝐎𝐩𝐞𝐧𝐀𝐈, 𝐅𝐢𝐠𝐮𝐫𝐞 𝐀𝐈, 𝐚𝐧𝐝 𝐑𝐨𝐛𝐨𝐭𝐬 Microsoft and OpenAI are reportedly considering investing up to $500 million in Figure AI, a humanoid robotics startup. Figure AI aims to deploy autonomous humanoid workers worldwide, attracting interest from tech giants like Microsoft and OpenAI. The potential investment could value Figure AI at $1.9 billion, marking it the first humanoid robotics unicorn. Founded in 2022 by CEO Brett Adcock, Figure AI has gathered top roboticists from Tesla and Boston Dynamics. Robotics, anticipated to be a major trend in 2024, is attracting significant investment, with a projected market worth of $3 trillion by 2050. Figure AI's potential funding round, led by Microsoft and OpenAI, could accelerate the development of its humanoid robot, Figure 01, designed for hazardous tasks and labour shortages. Like and follow GenArtiFica for more updates. #ai #robotics #openai #microsoft #engineering #technology #robots #figure #tesla #thursday #roboticsengineering #techstartup #startup #tech

The race to create the next generation of AI-powered robots is heating up, and a startup called Figure AI is leading the pack with a massive funding round that values it at $2 billion. According to a report by Bloomberg, Figure AI — which is developing a human-like robot called Figure 01 — is raising about $675 million from a star-studded list of investors, including Jeff Bezos, Microsoft, Nvidia, OpenAI, Intel, Samsung, and more. The startup, founded in 2021 by former Google engineers, aims to create robots that can perform tasks that are too dangerous, tedious, or complex for humans, such as mining, construction, or disaster relief. Figure AI says its robot will have advanced vision, locomotion, manipulation, and communication skills and be able to learn from its environment and interact with people. Figure AI is not the only company working on humanoid robots. Still, it has attracted some of the biggest names in the tech industry, who see the potential of AI robotics as a new frontier for innovation and growth. #artificialintelligence #humanoid #robotics #engineering #investment https://lnkd.in/gKnN2UYt

Elon Musk introduced some fancy humanoid moves last week, but is he the only one developing the Humanoid? Introducing the pioneering UK-based Humanoid company Humanoid (yes, the name itself is the product!), founded by Artem S. In their recent blog, Humanoid has shared insights into the top-funded humanoid companies worldwide, including those in the US, Europe, China, and many more (The link to this exciting article is in the comment). Some notable ones mentioned in the blog are Figure AI, Agility Robotics, Zhiyuan Robotics, 1X, Apptronik, Sanctuary AI, The Bot Company, Unitree Robotics, Fourier Intelligence, LEJU ROBOTICS and LimX Dynamics. Overall, it is evident that the humanoid industry is at a very nascent stage with much potential to fundamentally change how we humans live by enhancing the comfort of living and expanding the possibilities of what it is to be called a 'Human'. Recent investments of 100 million+ in these companies indicate that VCs are excited about this concept. Of course, safety and reliability are essential for the broader adoption of these systems. Hence, the need for RideScan will continue to increase as companies like Humanoid grow. If you are excited about building humanoids and working in AI robotics, look no further! Humanoid is hiring across multiple departments—link in the comments. And what do you think? Would you bet on humanoids? #robotics #ai #humaniods #UK #startup #industry #vc #investment #deeptech #future #technologies