Acquisition
Amazon acquires Covariant
Amazon licensed Covariant's robotic foundation models and hired co-founders Pieter Abbeel, Peter Chen and Rocky Duan plus ~25% of staff (August 2024). NOT a full acquisition - Covariant remains standalone under CEO Ted Stinson. Reported ~$380M+$20M deferred. Cross-ref people-graph: pieter-abbeel/peter-chen/rocky-duan (current_role=false at Covariant, true at Amazon).
license and hire · Completed · Undisclosed · verified
Machine-readable surfaces
- Markdown mirror: /acquisitions/amazon-licenses-covariant-2024.md
- JSON-LD: embedded in this page’s head
- REST API: /v1/acquisitions/amazon-licenses-covariant-2024
- Data documentation: /data
fb24efc2-a683-4ec0-8fca-f37ca486675eParties
- Acquirer
- Amazon
- Acquired
- Covariant
Timeline
- Closed
- 2024-08-01
Acquired assets (2)
- ip license Covariant RFM-1 robotic foundation models (non-exclusive license)
- team Co-founders Pieter Abbeel, Peter Chen, Rocky Duan and ~25% of Covariant staff