Amazon's Billion Dollar Investment in Generative AI and Robotics

Sunday - March 3 2024, 17:56 UTC - 8 months ago

Amazon is investing in generative AI and robotics, recognizing their potential to revolutionize various industries. Recent experiments have shown promising results, and with the availability of large amounts of data, the possibilities are endless. Amazon's billion-dollar investment will accelerate growth and innovation in this field, attracting interest from researchers and investors.

Last year, Amazon announced the next step for its growing robotic workforce. A new system, dubbed Sequioa, linked robots from across a warehouse into a single automated team that the company said significantly increased the efficiency of its operations. The tech giant is now looking to fund a newer, smarter generation of robots.

In an interview with The Financial Times, Amazon's Franziska Bossart said the company's billion-dollar industrial innovation fund will accelerate investments in startups combining AI and robotics. "Generative AI holds a lot of promise for robotics and automation," said Bossart, who heads up the fund. "[It's an area] we are going to focus on this year." .

Generative AI is, of course, still hot. Google, Microsoft, Meta and others are battling for an early lead in the tech popularized by OpenAI's ChatGPT. The algorithms are well-known for generating text, images, and video. But researchers believe their potential is greater. Anything with sufficiently large amounts of data is fair game. This could be the molecular structures of proteins—as we've seen—or the mechanical positioning data that helps robots complete real-world tasks. Recent experiments combining generative AI and robots have already begun to yield some interesting results. At its simplest, this has involved giving an existing robot a chatbot interface. Thanks to an internet's worth of training data, the robot is now able to recognize nearby objects and understand nuanced commands. In a Boston Dynamics demo last year, one of the company's robots became a tour guide thanks to ChatGPT. The bot could assume different personalities and make surprising connections it wasn't explicitly coded for, like suggesting they consult the IT desk for a question it couldn't answer.

Other potential applications in robotics include the generation of complex and varied simulations to train robots how to move in the physical world. Similarly, generative algorithms might also make their way into the systems controlling a robot's movement. Early examples include Dobb-E, a robot that learns tasks from iPhone video data. Of course, AI for images, text, and video has a clear advantage: Humanity has been stocking the internet with examples for years. Data for robots? Not so much. But that may not be the case much longer. Google and UC Berkeley's RT-X project is assembling data from 32 robotics labs to build a GPT-4-like foundation model for robotics.

All this has begun to stir up interest from researchers and investors. And it seems Amazon, with its long track record developing and employing robots, is no exception.

A billion dollars ain't what it used to be. As of today, there are six technology companies valued over a trillion dollars. AI startups are attracting investments in the billions. Indeed, Amazon has separately committed up to $4 billion to OpenAI competitor Anthropic. Still, that Amazon plans to direct significant funds into AI and robotics startups is notable. For young companies, tens of millions of dollars can still do nothing less than make or break their business. As for Sequioa, it seems the system's coordination spans high-level logistics planning, as well as robotic whether a robot needs to handle mail or sort products.