Figure AI Secures $675M for Advanced Humanoid Robots Development
Figure AI, specializing in robotics innovation, is on the cusp of a significant financial milestone, targeting a hefty $675 million investment at a $2 billion pre-money valuation.
The funding endeavor attracts a constellation of tech titans, including Jeff Bezos' Explore Investments, Microsoft, and Nvidia, showcasing the broad interest in AI-driven robotics. Figure AI, with collective support from industry heavyweights like Intel, LG Innotek, and OpenAI, emphasizes the robust momentum fueling the AI robotics sector.
Focused on crafting the humanoid robot Figure 01, the startup aims to address labor deficits with versatile automatons capable of braving perilous or labor-intensive tasks—key steps towards integrating advanced robotics into essential industries.
As discussions of automation and labor shortages dominate, Figure AI's pursuit mirrors a wider trend towards deploying robotics in logistics, manufacturing, and beyond, underscoring the industry's pivot to smart, adaptive solutions for the future workforce.