CNBC February 29, 2024
Annie Palmer

Key Points

– Figure AI raised $675 million from investors including Jeff Bezos, Nvidia, Amazon, Microsoft and OpenAI.

– The startup says it will use the money to accelerate development of its humanoid robot, which is intended for commercial use.

– Founded in 2022, Figure AI has developed a general-purpose robot, called Figure 01, that looks and moves like a human.

Figure AI, a startup working to build humanoid robots that can perform dangerous and undesirable jobs, just got a big vote of confidence from some of the largest names in artificial intelligence.

The company said Thursday that it raised $675 million at a $2.6 billion valuation from investors including Jeff Bezos, Nvidia, Microsoft and Amazon‘s $1 billion Industrial Innovation...

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Topics: AI (Artificial Intelligence), Investments, Robotics/RPA, Technology, Trends
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