Amazon (AMZN) founder Jeff Bezos, Nvidia (NVDA), Intel (INTC), Samsung and other big technology names are investing in startup Figure AI, which is developing human-like robots, people with knowledge of the matter told Bloomberg’s Mark Gurman and Gillian Tan. The startup, which is also backed by OpenAI and Microsoft (MSFT), is raising about $675M in a funding round that carries a pre-money valuation of roughly $2B, according to the report’s sources.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on NVDA:
- Nvidia Stock (NASDAQ:NVDA) Hits $1.94T Market Cap
- NVDA, ADBE: 2 Impressive Ways to Play the Generative AI Trend
- Etsy (NASDAQ:ETSY) Seems Lost, Struggling to Find a Path to Growth
- NVIDIA Announces Upcoming Events for Financial Community
- Nvidia Wins a New Street-High Price Target Following Stellar Earnings