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Amazon's Bezos leads new investment in AI data company Toloka

LONDON (Reuters) -Jeff Bezos' personal firm Bezos Expeditions is leading a $72-million investment in artificial intelligence data solutions company Toloka, which is looking to scale up its business, Toloka told Reuters on Wednesday. Toloka, which helps train and evaluate AI models using a network of human experts and testers, is part of Nasdaq-listed AI infrastructure firm Nebius Group and has worked with Amazon, Microsoft and Anthropic.
Jeff Bezos, the founder of Amazon, has spearheaded a $21 million investment round in the Canadian AI startup, Figure, which is developing autonomous humanoid robots designed to perform tasks in various industries. This investment, which also includes contributions from other notable investors like Parkway Venture Capital and Radical Ventures, underscores the growing interest in AI and robotics, particularly in the development of robots that can assist in labor-intensive sectors. Figure, founded in 2022, aims to create robots that can help address labor shortages and improve efficiency across industries such as manufacturing, logistics, and retail.

Read the Full Reuters Article at:
https://www.aol.com/news/amazons-bezos-leads-investment-ai-110341198.html

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