"AI-Robot Billionaire's Big Plans: Humanoid Robots, Robotic Dogs, and Bezos-Backed AI Startup"

1 min read
Source: Forbes
"AI-Robot Billionaire's Big Plans: Humanoid Robots, Robotic Dogs, and Bezos-Backed AI Startup"
Photo: Forbes
TL;DR Summary

Brett Adcock, founder and CEO of robot maker Figure, has secured over $750 million in funding and a $2.6 billion valuation, making him a new billionaire. The company aims to develop humanoid robots for various tasks, with a recent collaboration with BMW and plans to deploy robots in the automaker's factory within the next 12 to 18 months. Despite challenges such as refining robot capabilities and reducing production costs, Adcock is optimistic about Figure's potential in the burgeoning humanoid robotics industry.

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