Amazon Acquires Fauna Robotics, Entering Consumer Humanoid Market

WATCH: Amazon bought the New York-based startup Fauna Robotics. The deal closed last week. Source: Bloomberg

Amazon.com Inc. acquired New York-based startup Fauna Robotics, becoming the latest technology giant to step into the burgeoning consumer humanoid market.

The cloud-computing and e-commerce giant closed the deal for Fauna last week, according to people familiar with the purchase, who requested anonymity to discuss a private matter. Fauna is developing a human-like, 42-inch tall robot with arms and legs that can interact with people, walk, grip items and dance.