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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.
  + stars: | 2024-11-05 | by ( Samantha Stokes | ) www.businessinsider.com   time to read: +4 min
BI has compiled a list of which AI robotics startups Bezos has backed so far, per PitchBook. Physical Intelligence is at least the third spatial intelligence startup Bezos has backed this year, according to PitchBook. Related storiesFigure AIFigure AI builds AI robots that can take over unsafe jobs from humans. Bezos invested in an undisclosed funding round in 2021, while Bezos Expeditions invested in its $24 million Series A funding round in 2020. Bezos Expeditions invested in the startup's $30 million Series E in 2017, $40 million Series D in 2015, $30 million Series C in 2012, $20 million Series B in 2010, $7 million Series A1 in 2009, and $5 million Series A in 2008.
Persons: Jeff Bezos, —, Andreessen Horowitz, Bezos, OpenAI Organizations: Service, Khosla Ventures, Intelligence, The New York Times, Bezos Expeditions, New York Times, Sentinel, HAHN Group
☆ A robot named Baxter wanted to change the world of work, but his career ended early
  + stars: | 2022-09-01 | by ( Eric Rosenbaum | ) www.cnbc.com   time to read: +12 min
Rethink Robotics was founded in 2008 with the idea that a cobot — a robot working alongside humans in ways that traditional automation couldn't (i.e. "There is no such thing as the cobot without Rod Brooks," Beane said. "No one needs a two-armed robot," Beane said, describing that design decision as "humans projecting onto a robot their own physical form." The opportunity for robotics technology remains significant, though it is still trailing other automation approaches in market penetration. "Manufacturing is about high throughput and high consistency and you can automate the heck out of it without a cobot," Beane said.
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