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:
@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
So, I summarized everything announced by Booster Robotics, Adobe, OpenAI, Figure, ByteDance, Google, Perplexity, Apptronik, Humanoid, Mentee Robotics, and more
Here's everything you need to know and how to make sense out of it:
China's Booster Robotics shared its T1 robot's shock test
The 4ft-tall T1 can be seen moving unfaltered after hammer, bottle, and wooden stick blows
They use high-strength metal and plastic to withstand impact here
Adobe released its Firefly Video Model in public beta (starting at $9.99/mo)
It can generate 1080p videos from text/images, with camera control, shot framing, and motion graphics
What makes it different is it's trained on licensed and public content