Advancements in artificial intelligence (AI) are leading to the development of robots with improved features and human interaction capabilities. Figure AI has raised $675 million to develop AI-powered humanoid robots, backed by investors such as Jeff Bezos’ Explore Investments and tech firms including Microsoft, Amazon, Nvidia, OpenAI, and Intel. AI enables robots to better understand their environments, communicate more effectively with humans, and learn to perform tasks more efficiently over time.
Key takeaways:
- Amazon's Innovation Fund is increasing its investment in robotics, with a humanoid robot named Digit already working in one of its warehouses.
- Agility Robotics, the maker of Digit, plans to build 10,000 robots a year for warehouses and storerooms worldwide, and has drawn in $1.6 billion in venture capital in the last five years.
- Agility Robotics recently appointed a new CEO, Microsoft and Qualcomm veteran Peggy Johnson, who praised the company for creating a functional, human-centric robot.
- Advancements in artificial intelligence are leading to robots with improved features and more effective human interaction capabilities, with companies like Figure AI raising significant funds to develop AI-powered humanoid robots.