Figure Raises $750 Million to Develop Humanoid Robots, Faces Challenges to Commercialization

• Figure has raised over $750 million from investors like Microsoft, Nvidia, and Jeff Bezos to develop humanoid robots to automate tasks.

• Founder Brett Adcock aims for Figure's robots to eventually replace human labor across industries. The company is working with BMW to deploy robots in factories.

• Adcock previously co-founded air taxi startup Archer Aviation, which he abruptly departed last year. He has a history of exaggerating his accomplishments.

• Figure faces challenges to commercialize its robots, including high costs and slow learning. Experts say it could take 5-6 years to deploy them into factories.

• The valuation of Figure at $2.6 billion is called "mind boggling" given how early and unproven the humanoid robotics industry still is.