Humanoid robot startup Figure AI valued at $2.6 billion

Figure AI, a startup developing humanoid robots for dangerous and undesirable jobs, has raised $675 million in funding. The company is now valued at $2.6 billion, with significant investments from tech giants including Jeff Bezos, Nvidia, and Microsoft. Founded in 2022, Figure AI has created a general-purpose robot, Figure 01, that mimics human movements. The company envisions its robots being used in sectors like manufacturing, shipping, logistics, warehousing, and retail, where labor shortages are severe. The funding will be used to accelerate the development of its humanoid robot and to create more robust AI systems.

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