February 2024 robotics investments rose, with 51 companies obtaining $1.9 billion, the most in almost a year.
Figure AI raises whopping $675M to commercialize humanoids
Figure AI has raised funding from Amazon, Microsoft, NVIDIA, Open AI, and others to accelerate humanoid development, AI training, manufacturing, and hiring.
BMW testing Figure 01 humanoid at South Carolina automotive plant
BMW said the Spartanburg facility is the largest automotive exporter in the U.S. and has assembled more than 6.3 million BMWs over the last 30-plus years.
Intel Capital invests in Figure as humanoid takes first steps
Intel Capital’s $9 million equity investment in Figure’s humanoid, Figure 01, will boost growth and commercialization since its inception less than a year ago.
Figure raises $70M to commercialize humanoids
Figure will use the funding to develop its Figure 01 humanoid, build out its AI data pipeline for autonomous operations and drive towards commercialization.