Figure Raises $675M to Scale Humanoid Robots, Reaching $2.6B Valuation with Backing from Microsoft, Bezos
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Figure raised a $675 million Series B round, reaching a $2.6 billion valuation. Investors include Microsoft, OpenAI, Nvidia, and Jeff Bezos.
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Figure is developing humanoid robots to eliminate the need for unsafe and undesirable jobs, allowing people to live more fulfilling lives.
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The new funding will help Figure scale AI training, manufacture more robots, grow its team, and commercialize its humanoids.
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Figure partnered with OpenAI to combine Figure's robotics with OpenAI language models to improve reasoning abilities.
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Figure will leverage Microsoft Azure for AI training and storage to develop its humanoid robots.