Microsoft and OpenAI explore investing up to $500 million in Figure AI, a start-up developing AI-powered humanoid robots.

Microsoft and OpenAI are reportedly in advanced discussions to invest up to $500 million in Figure AI, a start-up focused on the development of AI-powered humanoid robots. If the deal is successful, Figure AI could achieve a pre-funding valuation of $1.9 billion. The company, founded in 2022, is developing an AI-powered robot called Figure 01, designed to carry out hazardous tasks unfit for humans.

January 31, 2024
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