Amazon Integrates Covariant AI Talent and Technology
The tech giant hires Covariant founders and licenses their AI models to enhance warehouse robotics.
- Amazon acquires key talent from Covariant, including founders Pieter Abbeel, Peter Chen, and Rocky Duan.
- Around a quarter of Covariant's employees will join Amazon's Fulfillment Technologies & Robotics team.
- Amazon secures a non-exclusive license to Covariant's robotic foundation models to boost automation.
- Covariant will continue to operate independently under the leadership of new CEO Ted Stinson.
- This move follows Amazon's similar strategy with the AI startup Adept, reflecting a trend in 'reverse acquihires.'