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Bezos, Nvidia Join OpenAI in Funding Robot Startup

Jeff Bezos, Nvidia and other big technology names are investing in a business that’s developing human-like robots, according to sources, part of a scramble to find new applications for artificial intelligence. Bloomberg’s Mark Gurman joins Ed Ludlow on “Bloomberg Technology.”

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Jeff Bezos, Nvidia and other big technology names are investing in a business that’s developing human-like robots, according to sources, part of a scramble to find new applications for artificial intelligence. Bloomberg’s Mark Gurman joins Ed Ludlow on “Bloomberg Technology.”

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6 Comments

6 Comments

  1. @mikeshaunnessey9303

    February 26, 2024 at 3:29 pm

    Too much capital chasing too few “next thing” bets.

    • @briantep458

      February 26, 2024 at 4:53 pm

      its AI or die. Only the hyper scalers can spend this type of money, they will own all of IP 10, 20 years from now

    • @Loner_Stoned

      February 26, 2024 at 7:53 pm

      I am not trying to be dismissive of your stance, I hear you in that the big thing being spoken of consistently is the valuation and potential market cap for this new AI market but I will respectfully disagree with insinuation that AI is just the “next thing” and given the consistent accomplishment being made not by just 1 company but multiple, shows that this is no longer a bet and is more of a “get in now before its too late”.
      Personally, I couldn’t give any less of toss if this new industry is a trillion dollar, quadrillion dollar or infinite dollar market cap lol – I’m no where near capable of capitalizing on the money making opportunities presently available for capable pockets, but the one thing I am invested in is the potentiality for what AI, AGI and ultimately ASI will provide to mankind.
      For a wild off the top example,
      Take the Kardashev scale, currently it is said we’re at 0.7276 of a possible 3.0 (some interpretations extend this scale but to keep my point simple). to give you a quick meme-101 of what that means, at 0 we’re monkey’s with sharp tools, fire and now can fling our feces in a sophisticated manner. if we move to Kardashev scale 1.0 that would mean now our tools are the stuff of science fiction, we can harness the entire energy output of our planet and won’t need fire and now we fling solutions and ideas instead of poop.
      Kardashev scale 1 is possible in our lifetime now (previously, before AI it would’ve taking like thousands of years to even eyeball Kardashev scale 1.0) with AI. that’s not a “next thing”, that’s “Thee Next Step” in human evolution as a planetary species and society. if we don’t muck this up, AI will be an amazing tool in the hands of man.
      (Sorry for mini-rant, I’m very optimistic about AI and the benefit it may provide to all mankind)

  2. @paulbunyan9436

    February 26, 2024 at 4:18 pm

    From an evolutionary standpoint, the human form is very inefficient…

  3. @Loner_Stoned

    February 26, 2024 at 7:43 pm

    Just FYI – the video shown and spoken about at @2:35 – @2:49,
    that video is legitimate real world testing of robotics either by Nvidia, Elon or Boston (I forget the exact company responsible for this video in question). iirc, the AI model was instructed via the digital space where it was trained on making coffee (the interesting thing, I believe it was trained by only watching videos of a human use that type of coffee machine and it learned how to do it in the digital realm) then it was allowed the robotic vessel and was testing out its understanding of the task. I believe it got to the level of success shown in video and they’re trying to improve it to be more fluid and less ‘robotically’.

  4. @WarriorChampion47

    February 26, 2024 at 8:28 pm

    they designed a robot to press a button. lol

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Bloomberg’s Caroline Hyde discusses the latest sentiment around Nvidia as investors cool on the AI darling despite posting an earnings beat. And, the new Trump administration is said to be mulling a first-ever crypto policy role. Plus, Palo Alto Networks sees easier “fixes” ahead in cybersecurity as the world moves from hardware to software.
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Nikesh Arora, CEO of Palo Alto Networks, says M&A could potentially move quicker under the new Trump administration as they take on a more deregulatory tone. He joins Caroline Hyde to discuss on “Bloomberg Technology.”
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JPMorgan Chase Chief Data and Analytics Officer Teresa Heitsenrether talks about how the company is using an artificial intelligence assistant called LLM Suite. She speaks to Bloomberg’s Caroline Hyde at the Evident AI Symposium in New York.
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