Amazon Acquires Swiss Robotics Company RIVR
Insider Brief Amazon has acquired Zurich-based RIVR Technologies, a developer of legged delivery robots, as the company looks to expand its efforts in physical AI and last-mile automation. “This step will accelerate our vision of building General Physical AI through doorstep delivery, bringing robotics and AI closer to real-world deployment at scale,” Marko Bjelonic, CEO […]
Insider Brief OpenAI announced it has closed a funding round totaling $122 billion in committed capital, valuing the company at $852 billion post-money, as it looks to build the infrastructure for global artificial intelligence. Core investors in the round were Amazon, NVIDIA and SoftBank, with additional backing from Microsoft and a broad group of institutional […]