Amazon Hires Covariant Founders for Warehouse Automation

Amazon has announced the hiring of Covariant's founders and approximately a quarter of its workforce as part of an 'acquihire' aimed at enhancing its warehouse automation capabilities. The e-commerce giant has also secured a non-exclusive license to Covariant's robotic foundation models, which focus on AI development for robotic arms performing tasks such as bin picking. This move reflects Amazon's strategy similar to its previous deal with Adept, utilizing hiring and licensing agreements to bolster its AI talent and technology without complete acquisitions, amidst scrutiny from regulators regarding its growth tactics. Covariant will continue operating independently under its existing leadership, with plans to expand its AI technology applications across various industries. Amazon's continued investment in robotics and AI aims to improve operational efficiency and customer service within its fulfillment centers. The collaboration is expected to combine Amazon's extensive experience in logistics with Covariant's innovative AI solutions to advance warehouse automation further.