Figure AI, a startup dedicated to building advanced humanoid robots, has officially announced a successful funding round totaling $675 million. The investment comes from a consortium of notable investors, including Jeff Bezos, founder and executive chairman of Amazon, Nvidia, and several others.
Figure AI Secures $675M Funding for Humanoid Robot Development
Key Investors and Valuation
Investors: In addition to Bezos and Nvidia, notable participants in the Series B round include Microsoft, Amazon’s $1 billion Industrial Innovation Fund, OpenAI Startup Fund, Parkway Venture Capital, Intel Capital, Align Ventures, and ARK Invest.
Valuation: This round of investment values Figure AI at $2.6 billion, indicating significant confidence in the company’s vision and potential.
Focus on Humanoid Robot Development
Robot Design: Figure AI‘s flagship product, Figure 01, is an advanced humanoid robot powered by artificial intelligence. Designed to emulate human capabilities, Figure 01 can undertake tasks deemed hazardous or unsuitable for humans.
Mission: The overarching mission of Figure AI is to create versatile humanoid robots that positively impact humanity and contribute to improving future generations’ quality of life.
Strategic Partnerships
Collaboration with OpenAI: In tandem with the funding announcement, Figure AI has disclosed a strategic partnership with OpenAI. Together, they aim to pioneer “next-generation AI models for humanoid robots,” fostering innovation in robotic intelligence. Read More
Insight from OpenAI: Peter Welinder, VP of Product and Partnerships at OpenAI, expressed enthusiasm for Figure AI’s progress and the collaborative potential. He emphasized the opportunity to explore the capabilities of humanoid robots empowered by advanced multimodal models.
Tesla’s Pursuit of Humanoid Robotics
In parallel with Figure AI’s endeavors, Tesla is also venturing into humanoid robotics with its project named Optimus. Elon Musk, CEO of Tesla, has indicated that this initiative could evolve into the company’s primary business in the future.
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