Figure's $675M Boost for Humanoid Robots, Eyes Commercial Future with OpenAI and Microsoft

February 29, 2024
Figure's $675M Boost for Humanoid Robots, Eyes Commercial Future with OpenAI and Microsoft
  • 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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