Major players in the IT industry, including Jeff Bezos and Nvidia Corp., have reportedly invested in Figure AI Inc., a startup creating human-like robots. The company is seeking to raise approximately $675 million in a funding round. The move comes as part of a rush to discover new uses for artificial intelligence.
I could be totally wrong, but these kinds of billionaire class investments sound to me like a big money laundering scheme.
Just like “art” investment.
Some of them are, lot of con artists are just scamming investors (e.g. WeWork). But ppl like Altman actually beleive they are changing the world for the better, why they also have the skills and the funds to do so - I think that is scarier