Figure AI

Figure AI, a company that specializes in the development of humanoid robots, is planning to secure $500 million in a funding round led by Microsoft Corp. and OpenAI, according to Bloomberg.

Although the tech giant reportedly will not provide the full amount, it is said to be investing approximately $95 million alongside OpenAI, which will contribute $5 million. If the funding round is successful, the company might achieve a pre-money valuation of $1.9 billion.

However, the funding round is not yet finalized, and there is always the possibility of talks collapsing. The potential investors and Figure AI have also not commented on the situation.

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