Tag

Figure

All articles tagged with #figure

business4 months ago

Figure's IPO Sparks Strong Demand for Blockchain Lending Stocks

Figure Technology, a blockchain lender, debuted on Nasdaq with a valuation of $7.62 billion after its shares surged 44%, raising $787.5 million in an upsized IPO. The company, co-founded by Mike Cagney, has developed blockchain solutions for home equity lending and is positioned at the intersection of housing finance and crypto, with major banks and mortgage companies using its Provenance blockchain technology.

technology1 year ago

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

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.

technology1 year ago

"Humanoid Robot Startup Figure Secures $2.6 Billion Valuation with Bezos, Nvidia, and OpenAI Backing"

Figure, a Bay Area-based robotics firm, has raised $675 million in a Series B round, valuing the startup at $2.6 billion post-money. The impressive lineup of investors includes Microsoft, OpenAI Startup Fund, Nvidia, Amazon Industrial Innovation Fund, and Jeff Bezos. Figure aims to create walking bipedal robots for industry, with a focus on warehouse and factory applications. The company has also partnered with OpenAI to develop next-generation AI models for humanoid robots, with a goal of enhancing natural language communication and reasoning capabilities.

entertainment2 years ago

Internet's Response to Hot Toys' Supergirl Figure: A Hot Topic

Hot Toys' new Supergirl figure, inspired by Sasha Calle's appearance in The Flash, has received criticism from the internet for not resembling the actress. Many Twitter users pointed out the lack of similarities and compared the figure to other actors like Matt Smith and Tom Holland. In contrast, Hot Toys' Batman figure based on Michael Keaton's appearance in the film received praise for its accuracy. The Supergirl figure is available for pre-order at $265 and is expected to ship between July and December next year.