Figure AI, Inc. is a United States-based robotics company specializing in the development of
AI-powered
humanoid robot
A humanoid robot is a robot resembling the human body in shape. The design may be for functional purposes, such as interacting with human tools and environments, for experimental purposes, such as the study of bipedal locomotion, or for other p ...
s.
It was founded in 2022, by
Brett Adcock
Brett Adcock (born April 6, 1986) is an American technology entrepreneur and the founder and CEO of Figure AI, an AI startup working on a general-purpose humanoid robot. In 2018, Adcock founded Archer Aviation, five years after he started Ve ...
, the founder of
Archer Aviation
Archer Aviation is a publicly traded company headquartered in San Jose, California, which is developing eVTOL aircraft.
Its eVTOL aircraft are planned to transport people in and around cities in an air taxi service and are claimed to have a rang ...
and
Vettery
Hired (previously known as Vettery) is a hiring marketplace. Vettery was founded by Brett Adcock and Adam Goldstein in 2013.
In February 2018 Vettery was bought by the Switzerland-based staffing firm Adecco Group for around $100 million USD.
In ...
.
Figure AI's team is composed of experts from robotics, artificial intelligence, sensing, perception, and navigation, blending experiences from notable companies like
Boston Dynamics
Boston Dynamics is an American engineering and robotics design company founded in 1992 as a spin-off from the Massachusetts Institute of Technology. Headquartered in Waltham, Massachusetts, Boston Dynamics has been owned by the Hyundai Motor Gro ...
and
Tesla
Tesla most commonly refers to:
* Nikola Tesla (1856–1943), a Serbian-American electrical engineer and inventor
* Tesla, Inc., an American electric vehicle and clean energy company, formerly Tesla Motors, Inc.
* Tesla (unit) (symbol: T), the SI-d ...
.
History
In 2022, the company introduced its prototype, Figure 01, a
bipedal robot
Bipedalism is a form of terrestrial locomotion where an organism moves by means of its two rear limbs or legs. An animal or machine that usually moves in a bipedal manner is known as a biped , meaning 'two feet' (from Latin ''bis'' 'double' ...
designed for manual labor, initially targeting the
logistics
Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics manages the flow of goods between the point of origin and the point of consumption to meet the requirements of ...
and
warehousing
A warehouse is a building for storing goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain buildings in industrial parks on the outskirts of cities, ...
sectors.
In May 2023 the company raised $70 million from investors led by Parkway Venture Capital.
On January 18 2024 Figure announced a partnership with
BMW to deploy humanoid robots in automotive manufacturing facilities.
In February 2024, Figure AI secured $675 million in venture capital funding from a consortium that includes
Jeff Bezos
Jeffrey Preston Bezos ( ;; and Robinson (2010), p. 7. ''né'' Jorgensen; born January 12, 1964) is an American entrepreneur, media proprietor, investor, and commercial astronaut. He is the founder, executive chairman, and former preside ...
,
Microsoft
Microsoft Corporation is an American multinational corporation, multinational technology company, technology corporation producing Software, computer software, consumer electronics, personal computers, and related services headquartered at th ...
,
Nvidia
Nvidia CorporationOfficially written as NVIDIA and stylized in its logo as VIDIA with the lowercase "n" the same height as the uppercase "VIDIA"; formerly stylized as VIDIA with a large italicized lowercase "n" on products from the mid 1990s to ...
,
Intel
Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, Santa Clara, California. It is the world's largest semiconductor chip manufacturer by revenue, and is one of the devel ...
, and the startup-funding divisions of
Amazon
Amazon most often refers to:
* Amazons, a tribe of female warriors in Greek mythology
* Amazon rainforest, a rainforest covering most of the Amazon basin
* Amazon River, in South America
* Amazon (company), an American multinational technolog ...
and OpenAI.
The funding valued the company at $2.6 billion.
It also announced a partnership with
OpenAI
OpenAI is an artificial intelligence (AI) research laboratory consisting of the for-profit corporation OpenAI LP and its parent company, the non-profit OpenAI Inc. The company conducts research in the field of AI with the stated goal of promo ...
. The collaboration includes OpenAI building specialized AI models for Figure's humanoid robots, allowing them to accelerate Figure's development timeline by enabling its robots to "process and reason from language".
References
{{Robotics
Robotics
Artificial intelligence
American companies established in 2022