Latest

AI startup Figure raises $675 million

  • AI startup Figure has raised $675 million from Microsoft, OpenAI, NVIDIA and others.
  • After receiving funding, the project's valuation is $2.6 billion.
  • The company also signed a cooperation agreement with OpenAI.

Figure, a company developing robots with artificial intelligence functions, has attracted $675 million in investments at a valuation of $2.6 billion.. Funding for the startup was provided by:

  • Microsoft;
  • OpenAI Startup Fund;
  • NVIDIA;
  • Parkway Venture Capital;
  • Intel Capital;
  • Align Ventures;
  • Jeff Bezos.

It is known that the company will use the new capital for production, training AI, deploying more robots and expanding its engineering staff.

Additionally, OpenAI and Figure have signed a collaboration agreement “to develop the next generation of AI models.”. The press release states that the goal of the collaboration is to help accelerate the commercial timeline for the Figure project by expanding the capabilities of humanoid robots to process and comprehend speech.

Let us recall that in December 2023, the French artificial intelligence startup Mistral AI closed a funding round worth 385 million euros ($415 million).