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Amazon, Nvidia, and Microsoft are backing Figure AI, a startup specializing in humanoid robots. According to Bloomberg, with OpenAI’s support, the startup secured $675 million, valuing it at $2 billion.
Image source: Figure
Jeff Bezos’ firm reportedly commits $100 million, Microsoft injects $95 million, while Nvidia and an Amazon-related fund contribute $50 million each. Interest in AI startups rises post-ChatGPT success.
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Despite prior acquisition considerations, OpenAI decides to invest $5 million in Figure AI, backed by Intel, LG, Samsung, Parkway VC, and Align Ventures.
Image source: Canva
Investments from ARK Venture Fund, Aliya Capital Partners, and Tamarack show broad investor interest in Figure AI.
Image source: Canva
Major players like Amazon, Nvidia, Microsoft, and Intel declined to comment, while Figure AI and others refrained from immediate responses to Reuter’s inquiries.
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Sunnyvale, California’s Figure AI leads in versatile humanoid robot development, navigating diverse environments for warehousing and retail tasks.
Image source: Figure
Last year, the company raised $70 million in its debut external funding round, led by Parkway Venture Capital, showcasing early confidence in its innovative robotics technology approach.
Image source: Parkway
Produced by: Unnati Gupta Designed by: Prathamesh