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Brett Adcock

@adcock_brett

Feb 29, 2024 • 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:

@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

https://twitter.com/3222018178/status/1763203224172154999

If you're interested in AI robotics, follow our journey: @Figure_robot

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Brett Adcock

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As GPT-4o's Ghibli-style image generation went viral, OpenAI closed a $40B round of funding (the largest ever private deal in history)

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