Figure AI, a startup focused on developing humanoid robots, is reportedly in discussions with investors to raise $1.5 billion at a valuation of $39.5 billion. This financing round is expected to be led by Align Ventures and Parkway Venture Capital, although the details are not yet finalized.
Figure AI has attracted early investment from major technology companies and influential figures, including Microsoft (MSFT), OpenAI, Nvidia (NVDA), and Jeff Bezos, the founder of Amazon (AMZN, Financial). These strategic investments underscore the growing interest and confidence in the potential of humanoid robotics technology.
As interest in artificial intelligence and robotics continues to grow, Figure AI is positioning itself strategically within this innovative field. The company aims to leverage its technology to advance the development of humanoid robots, which could have a significant impact on various industries.
