Intel Capital invests $9 million in Figure to accelerate development of general purpose humanoid robots

By: Bohdan Kaminskyi | 18.07.2023, 20:50
Intel Capital invests $9 million in Figure to accelerate development of general purpose humanoid robots

Intel's investment arm has invested $9 million in Figure, a company specialising in humanoid robots for general purpose.

Here's What We Know

Figure caught the attention of the robotics industry due to its success in creating a general-purpose robot. Just a few months after its inception, the company unveiled the humanoid Figure 01.

Unlike other humanoid robots, Figure 01 is controlled by artificial intelligence. The developers expect that this will allow it to learn as it operates.

The funding will strengthen Figure's economic stability and accelerate the development of Figure 01. The company will also be able to receive support and advice from Intel.

Source: Alltech