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Figure AI, a robotics startup developing human-like bipedal robots that could one day take over human jobs, received $675 million from high-profile investors including Jeff Bezos on Thursday. announced that it had procured. The company was founded in 2022 and is currently valued at $2.6 billion.
Figure AI’s basic plan is to expand from the role of corporate workers (more than 3 billion people), to assisting individuals in the home (more than 2 billion people), to caring for the elderly (approximately 1 billion people), and to new It appears to be transforming a variety of industries, from building construction to “worlds on other planets,” the company says.
For now, the company is aiming to enter industries “with the greatest labor shortages,” such as manufacturing, transportation and retail.
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Figure 01 in action. Credit: Figure AI
The startup’s first product is Figure 01, a bipedal, five-fingered hand robot. A video of the robot in action highlights that the robot can walk up to a pile of crates, pick up one and place it on a conveyor belt.
A status update slide before the footage showed that the robot’s speed compared to a human is currently 16.7%.
“Figure 01 completes tasks fully autonomously,” Figure AI writes in the video.
Figure AI announced Thursday that as part of the deal, it will partner with OpenAI, the nonprofit behind ChatGPT, to incorporate generative AI into its humanoid robots. Microsoft has invested billions of dollars in OpenAI over the years, and also invested $95 million in Figure AI, according to Bloomberg.
Related: Amazon’s $1 billion innovation fund is looking to invest in certain types of startups
Nvidia and Amazon-related funds have each invested $50 million in Figure AI, and Amazon founder Bezos has put in $100 million through his company Explore Investments LLC. His $1 billion innovation fund portfolio at Amazon includes seven different robotics companies, from Agility Robotics to Bionic Hive.
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