Figure AI Eyes $1.5B Funding, Could Hit $39.5B Val…
From Financial Modeling Prep: 2025-02-19 05:55:21
Figure AI, a humanoid robotics startup, is in talks to raise $1.5 billion, boosting its valuation to $39.5 billion. Funding is led by Align Ventures & Parkway Venture Capital, with backing from Microsoft, OpenAI, Nvidia, & Jeff Bezos. The company aims to produce 100,000 robots in the next four years.
Investors are optimistic about Figure AI’s aggressive growth plans, including manufacturing 100,000 humanoid robots. Breakthroughs in AI cognition and potential applications beyond warehouses are driving this confidence.
Tech giants like Tesla, Meta, and Amazon are entering the humanoid robotics space. Figure AI’s open-ended task capabilities and learning from human simulation are drawing attention. Morgan Stanley highlights the potential of humanoids in AI and robotics.
With $1.5 billion funding and a $39.5 billion valuation, Figure AI could become a major player in the robotics industry. Watch for confirmation of the funding deal, potential IPO, and the pace of AI robotics adoption from industrial to household use.
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