Robotics and embodied AI just got a huge shot of energy (and capital) with Figure’s latest funding round:

  • Investors include Microsoft, the OpenAI Startup Fund, Nvidia, the Amazon Industrial Innovation Fund and Jeff Bezos (through Bezos Expeditions).
  • Others include Parkway Venture Capital, Intel Capital, Align Ventures and ARK Invest.
  • The $675 million Series B funding round “will accelerate Figure’s timeline for humanoid commercial deployment,” the company said in a release.

The intrigue: Figure and OpenAI will also collaborate to develop next-generation AI models for humanoid robots.

  • This will combine “OpenAI’s research with Figure’s deep understanding of robotics hardware and software,” the companies said.
  • The partnership “aims to help accelerate Figure’s commercial timeline by enhancing the capabilities of humanoid robots to process and reason from language.”

Read the full story at Axios.