Humanoid Robot AI Company Figure Raises $675 Million, Valued at $2.6 Billion

According to PANews, humanoid robot AI company Figure has announced that it has raised $675 million in funding, bringing its valuation to $2.6 billion. The investment round included participation from Microsoft, OpenAI Startup Fund, Nvidia, Amazon Industrial Innovation Fund, Jeff Bezos (through Bezos Expeditions), Parkway Venture Capital, Intel Investment, Align Ventures, and ARK Invest. In addition to the funding, Figure has signed a collaboration agreement with OpenAI to jointly develop the next generation of AI models. The company will use Microsoft Azure as its platform for AI infrastructure, training, and storage. Figure also plans to expand its engineering team by 2024.