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Brett Adcock Profile picture
@adcock_brett
Feb 29 • 7 tweets • 2 min read • Read on X
Excited to share: Figure raises $675M at $2.6B Valuation

+ OpenAI & Figure signed a collaboration agreement to develop next generation AI models for robots

Below are the details: Image
@Figure_robot @OpenAI $675M Series B investments from:

- Microsoft
- OpenAI Startup Fund
- NVIDIA
- Jeff Bezos (through Bezos Expeditions)
- Parkway Venture Capital
- Intel Capital
- Align Ventures
In addition, OpenAI & Figure signed a collaboration agreement to develop next generation AI models for humanoid robots

The collaboration aims to help accelerate Figure’s commercial timeline by enhancing the capabilities of humanoid robots to process and reason from language
We will be using this investment to ramping up Figure’s timeline for humanoid commercial deployment and will be used for:

- AI training
- Manufacturing
- Deploying more robots
- Expanding engineering headcount
- Advancing commercial deployment efforts
Last month we showed Figure 01 making coffee only using neural networks

Learned end-to-end visuomotor policy mapping onboard images to actions at 200Hz

We’re excited to be pushing the limited of robot learning with OpenAI

We are scaling up our AI training:

Figure will leverage Microsoft Azure for AI infrastructure, training, and storage

Excited to partner with OpenAI and Microsoft to bring embodied AI to the real world

Interested in joining our team? Apply here: figure.ai/careers
If you're interested in AI robotics, follow our journey: @Figure_robot

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More from @adcock_brett

Brett Adcock Profile picture
Dec 15
Another huge week of AI and robotics news.

I summarized everything announced by OpenAI, Google DeepMind, Anthropic, Microsoft, Figure, Cognition, GM, Midjourney, Tesla, Replit, and Meta.

Here's everything you need to know and how to make sense out of it:
OpenAI officially launched Sora, the startup's high-quality AI video generation model

ChatGPT Plus and Pro subscribers can access through sora .com

It also comes with several new editing features like Remix, Storyboard, Blend, Loop, and Style presets
Google just launched Gemini 2.0 Flash, a faster, more capable model that outperforms the larger 1.5 Pro on several benchmarks

The model now generates images and multilingual audio directly and processes text, code, images, and video Image
Read 18 tweets
Brett Adcock Profile picture
Dec 8
What a week for AI and Robotics.

As usual, I summarized everything announced by OpenAI, Google DeepMind, Amazon, Microsoft AI, Tencent, ElevenLabs, Meta, xAI, and more.

Here's everything you need to know and how to make sense out of it:
OpenAI announced the immediate launch of their latest o1 and o1 pro reasoning models on day 1 of 'shipmas'

They also introduced a new $200/month Pro tier with unlimited access to their existing model fleet and 01-pro
Google announced Genie2, a large-scale, multimodal foundation world AI model

It can convert single images into interactive, playable 3D environments

Excited about what this can do not just for AI gaming, but also for AI training in simulation
Read 20 tweets
Brett Adcock Profile picture
Dec 7
Last year, I started an AI security company called Cover

Our AI hardware detects guns underneath clothes and bags

And I’m currently funding $10M into it

Here’s why this technology is critical and a 12-month update: Image
@cover_thz Company Overview:

Cover is designing concealed weapon detection imaging scanners, similar to airport scanners, but with 10x higher frequencies and up to 4-meter stand-off distances

It’s as safe for human bodies as home Wi-Fi Image
Cover has licensed intellectual property from NASA's Jet Propulsion Laboratory related to high frequency terahertz imaging

Other updates:

> Team is 12 people, mostly engineering

> Offices in Bay Area & Pasadena

> Fully self funded; I’m my own VC
Read 9 tweets
Brett Adcock Profile picture
Dec 1
It was a huge week of AI and robotics news.

So I summarized everything announced by Anthropic, Amazon, Luma, Runway, Tesla, Neuralink, dev/agents, Nvidia, Zoom, and more.

Here's everything you need to know and how to make sense out of it:
Anthropic released Model Context Protocol (MCP), an open standard for connecting AI systems to external tools + data

The system includes pre-built connectors for popular platforms, allowing for access to multiple sources through a unified protocol
Amazon invested another $4B in Anthropic, totalling $8B investment

AWS becomes their primary cloud provider while Anthropic will optimize Claude for Amazon's AI chips

The tech giant has been quiet throughout the AI race, but don't count them out yet
Read 13 tweets
Brett Adcock Profile picture
Nov 24
A ton of great progress made in AI and Robotics this week.

So I summarized everything announced by Microsoft, Figure, H Company, OpenAI, Perplexity, MIT, Arc Research, Mistral, and Google.

Here's everything you need to know and how to make sense out of it:
Microsoft introduced a suite of new specialized AI agents for Microsoft 365 at its annual Ignite Conference

New agents include a Self-Service agent for HR / IT tasks, a SharePoint agent for document search and insights, a meeting note taker, and a few more
We released a new update on Figure's humanoid robots working autonomously for our BMW use case

Our robots are now 400% faster than the August deployment, with 7x better precision

The demo here was arguably 10x harder than any task we’ve showcased before
Read 15 tweets
Brett Adcock Profile picture
Nov 19
UPDATE: Figure x BMW

Figure 02 is now an autonomous fleet, 400% faster with 7x higher success rate

We’re committed to delivering millions of useful robots to companies and homes worldwide

Details in thread:
As background, we unveiled Figure 02 robot ~3 months ago

F.02 robot is our 2nd generation humanoid robot which is designed for commercial customers and the home

Humanoid robots in everyday life will make it feel like living 30yrs in the future
Shipping Millions of Robots

We are fully committed to shipping F.02 robot into the market, and building a viable company

One day we will manufacture millions of humanoid robots that will be deployed into commercial customers and the home
Read 7 tweets

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