Feb 29, 2024 - Economy

A humanoid robot, Nvidia and ChatGPT

A robot with a silver body stands in a warehouse.

Figure 01, the first-generation humanoid robot from Sunnyvale, Calif., startup Figure. Photo: Courtesy of Figure

A humanoid robot startup has drawn a $675 million investment from Jeff Bezos, AI chipmaker Nvidia, ChatGPT-maker OpenAI and others.

Why it matters: Bipedal robots with dexterous hands are joining the labor force this year, a trend that's expected to gain steam, Axios' Jennifer A. Kingson writes.

Between the lines: The Series B funding for Figure, a Silicon Valley startup founded by "flying taxi" pioneer Brett Adcock, gives it a valuation of $2.6 billion.

  • The company will also collaborate with OpenAI to develop next-generation AI models for humanoid robots.

Go deeper

avatar

This story was an excerpt from Axios Closer, a recap on the day's biggest business stories.

Read the full edition
Go deeper