Amazon Brings in Covariant Team to Drive Innovation in Robotics and AI
Amazon has announced the hiring of the core team from robotics startup Covariant, comprising about a quarter of its staff, and has signed a non-exclusive licensing agreement to use Covariant's robotic foundation models. This move represents Amazon's strategic positioning in the field of artificial intelligence and robotics, aiming to advance foundational research in AI and robotics technology and apply it to Amazon's existing robotic systems, providing greater practical value to customers. Through a 'reverse acquisition' strategy, Amazon gains new technologies while avoiding a direct acquisition of the startup.
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