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Robotics startup Figure raises staggering $675M and partners with OpenAI


Last month, Figure showed off its Figure 01 prototype robot making coffee using only neural networks trained on imagery.

Figure, a Sunnyvale, California-based startup focused on building humanoid robotics to ease a labor shortage in heavy and manual labor-focused industries such as warehouse and retail work, has just received enormous backing and valuation. The backing of such established and high-flying tech and auto names shows how Figure, founded just 21 months ago by former workers at Boston Dynamics, Tesla, Google DeepMind, and Archer Aviation, is impressing those in adjacent industries with its technology and roadmap. VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative enterprise technology and transact.

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