In other news, tech mogul Jeff Bezos and other major players like Nvidia Corp. have invested in Figure AI Inc., a startup focused on humanoid robot development. Figure AI is targeting a funding round of around $675 million, with an estimated pre-money valuation of $2 billion. The company is focused on advancing AI technology and creating humanoid robots capable of functioning in diverse environments. The broader AI robotics industry is witnessing significant activity, with companies like 1X Technologies AS and Sanctuary AI securing substantial funds for humanoid robot development.
Key takeaways:
- Covariant, an AI company from UC Berkeley, has introduced RFM-1, a large language model for robot language, developed using data from Covariant's Brain AI platform. The model is designed to extend beyond warehouse applications and empower robots across diverse industries.
- RFM-1 is designed to provide robots with a human-like ability to reason, processing real-world data and determining optimal actions based on a deeper understanding of language and the physical world.
- Major tech companies, including Jeff Bezos, Nvidia Corp., and Microsoft, are investing in AI-powered robotics, with significant investments in Figure AI Inc., a startup focused on humanoid robot development.
- The AI robotics industry is witnessing significant activity, with companies like 1X Technologies AS and Sanctuary AI securing substantial funds for humanoid robot development. Elon Musk is actively developing the humanoid robot Optimus, anticipating a billion humanoid robots on the planet by the 2040s.