Figure's $675M Boost for Humanoid Robots, Eyes Commercial Future with OpenAI and Microsoft
February 29, 2024
Figure, a Sunnyvale-based robotics startup, has raised $675 million in Series B funding, valuing the company at $2.6 billion.
The company's mission is to deploy humanoid robots for commercial use, targeting the replacement of unsafe and undesirable jobs.
Figure is collaborating with OpenAI and Microsoft, incorporating advanced AI models and using Microsoft's Azure AI for robot training and data storage.
The company is accelerating its efforts to scale AI training, increase humanoid production, and expand its team, which includes talent from Tesla and Google DeepMind.
Through its partnership with OpenAI, Figure aims to enhance the language processing and reasoning capabilities of its humanoid robots.
Summary based on 22 sources
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Sources

Yahoo Finance • Feb 29, 2024
In a blow to Tesla's Optimus, Microsoft, Jeff Bezos and Nvidia make a major new investment
Insider • Feb 29, 2024
OpenAI bets big on humanoid robots with Figure AI
