Figure AI, a promising startup specializing in humanoid robots, has recently secured a significant funding boost of $675 million. This funding round includes notable investments from tech giants such as Jeff Bezos, Nvidia, OpenAI, and Microsoft, along with contributions from Intel’s venture capital arm, LG Innotek, and Samsung’s investment group.
The funding will aid Figure AI in advancing their vision of developing versatile humanoid robots capable of performing a range of tasks across various environments, from warehouses to retail settings. These robots are designed to help alleviate labor shortages by taking on tasks that are hazardous or undesirable for humans.
OpenAI, which previously considered acquiring Figure AI, is investing $5 million and will collaborate to integrate its advanced AI models, such as GPT language models, into Figure's robots. This partnership aims to enhance the robots' ability to process and reason from language, thereby accelerating their commercial deployment.
Jeff Bezos, through his firm Explore Investments LLC, is committing $100 million, while Microsoft is contributing $95 million. Nvidia and an Amazon-affiliated fund are each investing $50 million. Additional backers include Parkway Venture Capital, Align Ventures, and ARK Venture Fund, among others.
The initiative reflects the broader trend in the tech industry towards leveraging artificial intelligence to develop practical robotic solutions for real-world challenges. Figure AI’s robots, such as the Figure 01, are expected to revolutionize workplaces by performing tasks that require human-like dexterity and decision-making capabilities
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