Figure, which launched in 2022, aims to create a walking bipedal robot and has partnered with generative AI pioneer, OpenAI, to develop next-generation AI models for humanoid robots. The partnership will focus on enhancing the capabilities of humanoid robots to process and reason from language, creating more natural methods of communication between robots and their human colleagues. The company's progress is demonstrated in a recent video showing a robot operating at 16.7% the speed of a human performing the same task.
Key takeaways:
- Bay Area-based robotics firm Figure has announced a $675 million Series B funding round at a $2.6 billion valuation. The investors include Microsoft, OpenAI Startup Fund, Nvidia, Amazon Industrial Innovation Fund, Jeff Bezos, Parkway Venture Capital, Intel Capital, Align Ventures, and ARK Invest.
- Figure has partnered with generative AI pioneer, OpenAI, to develop next-generation AI models for humanoid robots. The collaboration aims to enhance the capabilities of humanoid robots to process and reason from language.
- Figure has already signed a deal with BMW for robotics deployment and plans to use the funding to accelerate its go-to-market strategy.
- The company, which launched in 2022, aims to create a walking bipedal robot. It has already hit its goal, according to a statement to TechCrunch.