Figure AI Raises $675M from Bezos, Microsoft, and Others to Build Humanoid Robots for Labor Shortages
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Figure AI, an AI startup working on humanoid robots, raised $675M from investors including Jeff Bezos, Cathie Wood, Microsoft, Nvidia, Amazon, and OpenAI.
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The funding valued Figure AI at $2.6 billion.
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Figure AI's robot, Figure 01, is designed to alleviate labor shortages in warehouses, transportation, and retail.
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Figure AI recently signed an agreement to supply BMW with general-purpose robots.
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Investors can get exposure to Figure AI indirectly by investing in public companies like Microsoft that have backed the startup.