AI robot company Figure completed US$675 million in financing at a valuation of US$2.6 billion, with participation from Microsoft and others

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Cointime2024/03/01 00:13

By:Cointime

AI robot company Figure completed a financing round of $675 million with a valuation of $2.6 billion. This round of financing was participated by Microsoft, OpenAI Startup Fund, NVIDIA, Jeff Bezos (through Bezos Expedition), Parkway Venture Capital, Intel Capital, and Align Ventures.

Figure also signed a cooperation agreement with OpenAI to develop artificial intelligence models for the next generation of humanoid robots. This cooperation aims to enhance the ability of humanoid robots to process and reason language, and help accelerate Figure's commercial timetable.

The new funds will accelerate Figure's commercial deployment schedule for humanoid robots, and will be used for artificial intelligence training, manufacturing, deploying more robots, expanding the engineering team, and advancing commercial deployment work, etc.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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