Diagram AIThe startup, which develops human-like robots, is reportedly raising $675 million in funding, with a pre-funding valuation of about $2 billion.
Jeff Bezos is among the investors. explore investments, microsoft, Nvidia Amazon related funds, Bloomberg report Friday (February 23), citing anonymous sources.
Other supporters include: intelventure capital division, LG Innotek, samsunginvestment group, Parkway Venture Capital, Venture coordination, arc venture fund, Arya Capital Partners, tamarackBoscolo Intervest, BOLD Capital Partnersaccording to the report.
Another investor is OpenAIpreviously considered acquiring Figure AI, the report said.
A formal agreement is expected to be signed on Monday (February 26), but the numbers could change, according to reports.
Figure AI did not immediately respond to PYMNTS’ request for comment.
According to the report, Figure AI’s main goal is to create humanoid robots, known as Figure 01, that can perform dangerous tasks and help alleviate labor shortages.
According to the report, the AI robotics industry is actively working to apply AI to real-world tasks. Other companies developing AI robots include 1X Technologies, Sanctuary AI, Tesla, and Agility Robotics.
The newly reported funding round The event comes about nine months after the last one, where Figure AI raised $70 million.
Figure AI said at the time that the funding would help test initial warehousing solutions, and that the company would use robots in industries facing pressing labor shortages, including manufacturing, shipping, logistics, warehousing, and retail. He said he had identified the intended use.
“Figure’s short-term goal is to bring humanoids into the workforce. We believe that structured, repetitive, and often dangerous work within warehouses could be the first application. I think it’s very high.” Brett Adcocksaid the company’s founder and CEO at the time.
Robotics companies like Figure AI want to: humanoid robot device Systems built specifically for warehousing fill the gap for small or reluctant businesses that want to remain competitive in an increasingly autonomous environment without relying entirely on a future-proof architecture. could help fill the gap, PYMTNS reported in June 2023.
These robots can operate efficiently in human spaces, eliminating the need to modify warehouse infrastructure.
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