Posted 1/31/2024, 11:14:00 AM
Microsoft and OpenAI Consider $500M Investment in Figure AI Robotics Startup
- Microsoft and OpenAI in talks to invest up to $500M in humanoid robotics startup Figure AI, potentially valuing it at $1.9B
- Figure AI founded in 2022, has team from Tesla and Boston Dynamics
- Figure AI signed deal with BMW to test robots in SC factory
- Comes as robotics poised to be "biggest thing in 2024" aside from large language models
- Rivals like Tesla, Agility Robotics and Apptronik also racing to develop advanced humanoid robots