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AIDeep Tech

Robotics Startup Figure AI Raises $675 Million from Tech Heavyweights

Archy Ehan
Last updated: March 7, 2024 2:36 am
Archy Ehan
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  • Robotics startup Figure AI raises massive $675M from tech giants.
  • They aim to build autonomous humanoid warehouse robots called Figure 01.
  • Major backers include Bezos, Microsoft, Nvidia betting on AI robots.

Contents
Figure AI secures massive fundingAutonomous robotsIndustry giants betting big

Figure AI secures massive funding

Figure AI, a startup developing humanoid warehouse robots, has secured a massive $675 million funding round from high-profile backers.

Investors include Amazon founder Jeff Bezos, Microsoft, Nvidia, Intel, and AI research firm OpenAI, according to Bloomberg.

The cash influx values Figure AI at around $2 billion pre-money.

Autonomous robots

The company aims to build autonomous robots called Figure 01 that can safely work alongside humans performing dangerous warehouse tasks.

Industry giants betting big

Major players like Amazon, Microsoft, and Nvidia are betting big on Figure AI’s humanoid robots to help address labor shortages.

The news comes amid a boom in AI development, with Tesla among companies working on their robots.

With backing from tech luminaries like Bezos and support from leaders in AI like OpenAI and Nvidia, Figure AI is positioned to be a frontrunner in realizing advanced humanoid robots.

The funding round demonstrates growing confidence in lifelike machines entering workplaces once reserved for humans alone.

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