Humanoid robot startup Figure AI valued at $2.6 billion as Bezos, OpenAI, Nvidia join funding
Summary
Figure AI, a startup working to build humanoid robots that can perform dangerous and undesirable jobs, just got a big vote of confidence from some of the largest names in artificial intelligence. The company sees its robots being put to use in manufacturing, shipping and logistics, warehousing, and retail, "where labor shortages are the most severe," though its machines arent intended for military or defense applications. Analysts at Goldman Sachs expect the humanoid robot market to reach $38 billion by 2035, and project that more than 250,000 units could be shipped in 2030. "Right now were at an early curve where theres loads of interest in humanoids, and I think that will continue for a while," said Tom Andersson, co-founder and principal analyst of STIQ Ltd., which publishes research on robotics and retail technologies. As part of the deal announced Thursday, Figure said its partnering with ChatGPT maker OpenAI to "develop next generation AI models for humanoid robots."
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