Startup Figure AI, which specializes in developing humanoid robots, secured substantial money from notable investors like Jeff Bezos, Microsoft, Nvidia, and Amazon, as announced on Thursday. The AI firm is developing humanoid robots to carry out duties and vocations that are hazardous and unappealing for people. Figure AI received money from major investors on Thursday, increasing the startup’s stated valuation to $2.6 billion.
CEO Brett Adcock founded Figure AI in 2022. He is an experienced entrepreneur who founded Vettery, an online platform connecting talent with opportunities. The Adecco Group purchased it for $100 million in 2018. Adcock is the founder of Archer Aviation, a publicly traded corporation. It designs electric vertical takeoff and landing aircraft.
Figure AI, a startup in Sunnyvale, California, has created a versatile robot. The robot, named Figure 01, resembles and mimics human movements. It is anticipated to be utilized in industries experiencing significant labor shortages, such as manufacturing, shipping, warehousing, etc.
Figure AI recently published a video demonstrating the functionality of Figure 01. The robot is connected to a rope. It is bipedal and has five digits on each hand. The creature utilizes its numbers to elevate a plastic container. The robot moves a short distance before placing the cargo onto a conveyor belt.
Several firms are involved in the emerging subject of humanoid robotics. Agility Robotics, supported by Amazon, has created bipedal Digit robots and is preparing to establish a facility for their production. The goal is to manufacture up to 10,000 robots annually.
Boston Dynamics, a robotics business, has created various robot types. 1X Technologies, a Norwegian company, secured $100 million in its latest investment round with support from OpenAI.
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