Franziska Bossart’s Post

YC put out their "requests for startups" today It's a good list. The categories are spot on with focus on AI (Machine Leaning, LLM’s, Robotics, Explainablity). More at https://lnkd.in/dzC6yc_j #ycombinator #YC2024 #artificialintelligence #machinelearning

#AI #Humanoidrobots: 🤖 #California-based #unicorn, Figure, made waves with a $675 million #funding round, soaring to a pre-money #valuation of approximately $2 billion! 🦄💰 🔝 Led by Jeff Bezos’ Explore Investments, this #funding round saw participation from Microsoft, NVIDIA, and an #Amazon-affiliated fund. 🔗 What sets Figure AI apart? Check out five key points about the company: https://lnkd.in/dbQPBPfU #innovation #news #technews #technology #ustech #robotics #ai #artificialintelligence #unicorn #startup #investmentnews #fundingnews #business #growth Brett Adcock Dana Berlin Jerry Pratt Lee Randaccio

Our #Founder has a passion for robotics and the power of #AI that drives #spatial computing (XR) building blocks, as well as the future of #humanoids and other robotics. #spatialcomputing #robotics #innovation

Humanoid robotics startup Figure, has managed to raise a huge $675 million round that makes this all more possible. Jeff Bezos, Nvidia, OpenAI, Microsoft, & Amazon are backing 'Figure AI', a startup developing human-like robots, is raising $675M, valuing the company at ~$2B Bezos contributes $100M, Microsoft $95M, with Nvidia and Amazon each investing $50M. I cover Robotics news on my Newsletter, OK Robot.

Microsoft and OpenAI are reportedly discussing an investment of $500 million in the humanoid robotics startup, Figure AI. The tech behemoths are exploring the possibility of injecting substantial funds into the emerging company, according to Bloomberg. https://lnkd.in/eENwzSNv #TechInvestments #RoboticsInnovation #MicrosoftOpenAIAlliance #FigureAI #FutureTechFunding #TechGiantsInvest #InnovationFunding

Here's some juicy news from the world of AI: Microsoft and OpenAI are reportedly coming together, wallets at the ready, to fund a humanoid robotics startup, Figure AI. - They're looking to splash out up to $500 million on this venture - If the deal goes through, Figure AI could hit a whopping $1.9 billion valuation, possibly making it the first humanoid robotics unicorn. - The robotics startup aims to "deploy autonomous humanoid workers" globally, and they've got a stellar team from Tesla and Boston Dynamics. - The fun fact to impress your friends: the market for robotics is estimated to be a hefty $3 trillion by 2050. In a nutshell: The year of the robots is coming, with leading tech players looking to revolutionize the market. Let's watch this space and ride the AI wave together! Stay stoked with the latest in AI at AI Magazine and be a part of the global conference series - Tech & AI LIVE 2024. Link to Full Article: https://lnkd.in/gttrtbAG

Witness the incredible advancements in Google's robotics with their latest model, RT-2! By combining artificial intelligence with physical robots, Google has unlocked a new era of understanding and problem-solving for machines. Using state-of-the-art language models, these robots can now reason, improvise, and learn new skills autonomously. RT-2 deftly follows complex instructions and even connects abstract concepts. The future of robotics is here, and it's powered by A.I. language models! What do you think about the future of AI-empowered robots? #innovation #management #technology #futurism #startups #fundraising #strategy #business #networking #tech #googleanalytics #google #googleai #ai #artificialintelligence #robotics #autonomos #investors #robots #investment

Amazon's strategy for the development of its $1 billion Industrial Innovation Fund is multifaceted and focuses on several key areas: 1. Expansion into New Technologies and Geographies: The fund, led by Franziska Bossart, aims to expand both geographically and thematically. Amazon is looking to extend its reach into Europe and Asia, shifting its focus slightly towards later-stage startups. The fund's core areas of interest now include generative AI, bipedal/humanoid robots, and technologies for middle-mile and last-mile delivery solutions. 2. Emphasis on Artificial Intelligence and Robotics: A significant focus is on the application of generative AI in robotics and automation. The goal is to leverage AI to create new data and information that can enhance the capabilities and efficiency of automation and robotic systems. This includes improving the perception, manipulation, and control aspects of robotics, making them more capable and efficient. 3. Investment in Startups: The fund has been actively investing in startups that align with these goals. Initially, investments were made in startups focused on logistics, the supply chain, and customer fulfillment, with a gradual shift towards more advanced technologies like AI and autonomous vehicles. This includes investments in companies like Veo Robotics, Flymingo, CoreTigo, Rightbot, and Instock, and a generative AI startup. 4. Promoting Safety and Efficiency in Logistics: One of the fund's objectives is to improve safety and efficiency in Amazon’s warehouses and logistics departments. Investments in technologies like robotic arms, automation vehicles, and wearable technology aim to make operations safer and more efficient. 5. Exploration and Experimental Investments: The fund is described as "experimental at heart," focusing not just on commercialization but on exploring and supporting innovative technologies. This reflects Amazon's broader strategy of staying at the forefront of technological advancements in the industrial and logistics sectors. 6. Sustainable Technologies: In addition to the Industrial Innovation Fund, Amazon also operates the $2 billion Climate Pledge Fund, which invests in sustainable technologies and services. This indicates Amazon's commitment to environmental sustainability and innovation in its operations. In summary, Amazon's strategy involves expanding its technological horizons and geographical footprint, focusing on AI and robotics for enhancing operational efficiency and safety, and supporting innovative startups with potential in these areas. #AmazonInnovation #AIAdvancement #RoboticsFuture #AutonomousVehicles #TechInvestment #GenerativeAI #GlobalExpansion #StartupGrowth #IndustrialRevolution #AmazonAI

Witness the incredible advancements in Google's robotics with their latest model, RT-2! By combining artificial intelligence with physical robots, Google has unlocked a new era of understanding and problem-solving for machines. Using state-of-the-art language models, these robots can now reason, improvise, and learn new skills autonomously. RT-2 deftly follows complex instructions and even connects abstract concepts. The future of robotics is here, and it's powered by A.I. language models! What do you think about the future of AI-empowered robots? #innovation #management #technology #futurism #startups #fundraising #strategy #business #networking #tech #googleanalytics #google #googleai #ai #artificialintelligence #robotics #autonomos #investors #robots #investment

Jeff Bezos, Nvidia Corp. and other big technology names are investing in a business that’s developing human-like robots, according to people with knowledge of the situation, part of a scramble to find new applications for artificial intelligence. For more details on this development, consider exploring the full article. #ai #techinvestment #robotics #focusgts