In a groundbreaking move, Figure AI has secured a staggering $675 million in funding to supercharge its humanoid robots.
Big names like Microsoft, OpenAI, NVIDIA, and Jeff Bezos are backing this venture, signaling a seismic shift in the robotics landscape.
With this cash infusion, Figure AI plans to ramp up AI training, crank out more robots, and speed up their deployment. Already striking a deal with BMW Manufacturing, these robots are set to revolutionize automotive production lines.
OpenAI is building its AI into humanoid robots.
— Rowan Cheung (@rowancheung) February 29, 2024
The company just invested in Figure and signed a collaboration agreement to develop next-generation AI models for robots.
Embodied AI is coming in 2024.
But there's more:
Figure also raised $675M at a whopping $2.6B valuation… https://t.co/Cml3YbjkUw pic.twitter.com/QXUGSMbqgC
Founded by Brett Adcock, who kickstarted the venture with $100 million of his own cash, Figure AI has seen its valuation soar beyond expectations, hitting well above $500 million.
Teaming up with OpenAI, Figure AI aims to make its robots smarter, capable of understanding and responding to human language.
This partnership, coupled with Microsoft Azure’s tech muscle, sets the stage for a major leap in robot capabilities.
“Our goal is to get humanoid robots into everyday use,” says Adcock. Starting with warehouse tasks, these robots could soon become a fixture in homes worldwide.
While they currently operate at just a fraction of human speed, Figure AI is determined to boost efficiency through ongoing AI training.
As automation reshapes our world, Figure AI is leading the charge, transforming industries and redefining the future of work.