Tech Titans Back Robotics Revolution with Massive Investments in Figure AI and Physical Intelligence

Figure AI, a burgeoning startup in the field of robotics, has successfully raised $675 million, achieving a remarkable valuation of $2.6 billion. This funding round saw participation from industry giants including Microsoft, OpenAI Startup Fund, Nvidia, Amazon Industrial Innovation Fund, and notably, Jeff Bezos. Figure AI, a mere two years into its journey, continues to attract significant investment, evident from its previous round in July where it garnered $300 million at a $1.5 billion valuation, with Bezos among the investors.

Physical Intelligence, another innovative startup at the forefront of robotics and artificial intelligence, secured $400 million in funding with a pre-money valuation reaching $2 billion. The surge in financing for these AI-powered robotics companies signifies a growing interest and confidence among investors. The past year has particularly highlighted Bezos's active role in supporting such ventures.

Skild AI is also making waves in the industry as it negotiates a substantial $500 million investment from SoftBank. The software company, valued at $4 billion, is developing a foundational model for robotics. This AI model boasts versatility, being applicable to various robotic forms. Founders Deepak Pathak and Abhinav Gupta have shared insights into their innovative model during discussions with TechCrunch in July.

The intersection of robotics and artificial intelligence continues to captivate investors, driving unprecedented funding into the sector. Jeff Bezos's leadership in Figure AI's funding round underscores his commitment to advancing AI-powered robotics. Meanwhile, the OpenAI Startup Fund's participation in Figure AI's fundraising efforts reflects the confidence in its potential to revolutionize humanoid robots.

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