Nvidia, Jeff Bezos, and several prominent technology firms are investing in Figure AI, a startup focused on developing human-like robots.

The company is securing approximately $675 million in funding, valuing it at around $2 billion before the investment, as reported by Bloomberg.

Figure AI has garnered significant interest from the tech industry, attracting investments from major players such as Microsoft, contributing $95 million, and Nvidia, along with an Amazon-affiliated fund, each investing $50 million.

Jeff Bezos has committed $100 million through Explore Investments, LLC, Tom’s Hardware is reporting.

The startup’s ambitious project aims to advance the capabilities of AI and robotics, potentially including applications for Amazon, with the backing of these influential investors.

Figure AI intends to deploy its AI-powered Figure 01 robot in warehouses globally. Figure 01 is an autonomous machine designed to learn and perform various warehouse tasks.

The AI robotics sector is witnessing a surge in activity, with other companies like 1X Technologies, Sanctuary AI, and Tesla also actively engaged in the development of humanoid robots.

Written by B.C. Begley