Robotics

Jeff Bezos Invests in Laundry-Folding Robots

Ken Metral

13 Nov 2024 — 1 min read

Image Credit: YouTube/Physical Intelligence (π)

Jeff Bezos has invested in Physical Intelligence, a robotics startup specializing in advanced automation solutions for household tasks. The company recently secured $400 million in funding, elevating its valuation to $2.4 billion.

Physical Intelligence focuses on developing general-purpose AI models for robots capable of performing a variety of tasks. Their first model, pi-zero, is trained using data from multiple robots and open-source sources, enabling robots to perform tasks like folding laundry, clearing tables, and separating trash from dishes.

This investment highlights the significant interest in robotics, with companies like Tesla, Meta, OpenAI, Microsoft, and Amazon also actively developing robots for diverse applications.

Bezos' investment underscores the growing interest in robotics for improving daily life and managing time-consuming tasks, catering to households and industries alike. With this backing, Physical Intelligence aims to expand its product reach and further develop its automated solutions, positioning itself as a leader in practical, AI-driven home assistance.

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