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Jeff Bezos just made his latest bet in the AI robotics space. Here are the 6 startups he's backed so far.

Nov 05, 2024 - businessinsider.com
Amazon founder Jeff Bezos has invested in at least three spatial intelligence startups this year, including Physical Intelligence, Swiss-Mile, and Figure AI. Spatial intelligence technology uses AI-powered robots to navigate and interact with their environment, potentially taking over dangerous or labor-intensive tasks in industries such as logistics, healthcare, manufacturing, or construction. These robots are capable of decision-making and adaptability, a significant advancement from traditional robotics.

Physical Intelligence, which develops large-scale AI models to bring general-purpose AI into the physical world, received backing from Bezos in a $400 million funding round. Swiss-Mile, which builds AI-powered wheeled robots for tasks like data collection and security, received investment from Bezos Expeditions in a $22 million seed funding round. Figure AI, which creates AI robots to take over unsafe jobs from humans, also received investment from Bezos Expeditions in a $675 million Series B funding round.

Key takeaways:

  • Amazon founder Jeff Bezos has invested in at least three spatial intelligence startups this year, including Physical Intelligence, Swiss-Mile, and Figure AI.
  • Spatial intelligence uses AI-powered robots to navigate and interact with their environment, potentially taking over dangerous or labor-intensive tasks in various industries.
  • Physical Intelligence, one of the startups Bezos backed, recently raised $400 million in a funding round, valuing the company at $2.4 billion.
  • Other startups Bezos has invested in include Deep Sentinel, Fathom Radiant, and Rethink Robotics, which was acquired by HAHN Group in 2020.
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