Figure AI: Humanoid robot maker given $2.6bn valuation by Jeff Bezos
Figure AI has reportedly been given a valuation of $2.6 billion from investors including Jeff Bezos, Nvidia, and Microsoft. The startup working to build humanoid robots that can perform dangerous and undesirable jobs was able to raise $675 million, when it was seeking $500 million in a funding round led by Microsoft Corp. Founded in 2022, the California-based company said that its priority will be in industries such as manufacturing, shipping and logistics, warehousing, and retail, “where labor shortages are the most severe.” Its founder Brett Adcock shared the news on X, stating that, “OpenAI & Figure signed a collaboration agreem...... Read Full article on HadNews