UPS Explores Humanoid Robots As Figure AI Secures $675M From Jeff Bezos, OpenAI, And Intel, Targeting $9B Revenue By 2029
UPS Explores Humanoid Robots As Figure AI Secures $675M From Jeff Bezos, OpenAI, And Intel, Targeting $9B Revenue By 2029
Figure AI, the robotics company aiming to build the first commercially viable humanoid worker, recently announced it secured a staggering $675 million in funding from some of the biggest names in tech and venture capital, including Jeff Bezos, Microsoft (NASDAQ:MSFT), Nvidia (NASDAQ:NVDA), OpenAI, and Intel (NASDAQ:INTC).Now valued at $2.6 billion, the San Jose, California-based startup is in talks with United Parcel Service (NYSE:UPS) to integrate its humanoid robots into the global shipping giant's logistics infrastructure, according to Bloomberg.Don't Miss:‘Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can invest today for just $0.26/share with a $1000 minimum.Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — this is your last chance to become an investor for $0.80 per share.UPS in Talks to Introduce Humanoid Robots to Its NetworkFigure AI was founded in 2022 by serial entrepreneur Brett Adcock, who previously launched Vettery and Archer Aviation (NYSE:ACHR). Adcock’s bio says that his goal is to create a fully autonomous humanoid robot that can safely, efficiently, and intelligently perform a wide range of physical tasks that are currently repetitive, physically draining, or simply undesirable ...Full story available on Benzinga.com
