Efrain Goldenberg

Finance @ FigureAI 🤖 - Prev. @Novo_hq | @cloudkitchens | @Vix (acq. by Univision) | 🇦🇷 🇺🇸

[Brett Adcock @adcock_brett]

Today, we're announcing the completion of a $100 million employee tender at Figure

To solve general robotics, we need the best engineers on the planet and as a private company I'm glad to be providing liquidity along our journey

[Figure @Figure_robot]

Watch a team of humanoid robots running a full 8-hr shift at human performance levels. This is fully autonomous running Helix-02 https://t.co/bIgpYuaYCj

[Molly O’Shea @MollySOShea]

NEW: Brett Adcock, CEO of Figure

Full Interview

At a $39 billion valuation, Figure has raised nearly $2 billion in just 4 years to build general-purpose humanoid robots designed to perform real work at scale.

We go deep on the progress, what’s working today, the biggest challenges ahead, & the biggest misconceptions about robotics.

Plus:
• ~50% of global GDP = human labor
• Why this is a $30–40T labor opportunity
• Scaling to thousands → millions of robots
• “This is an intelligence problem”
• Why they walked away from OpenAI

@adcock_brett @Figure_robot

𝐓𝐈𝐌𝐄𝐒𝐓𝐀𝐌𝐏𝐒
(00:00) Brett Adcock, Founder & CEO at Figure
(01:13) Hot take on Humanoids (teleoperated?)
(04:09) Race to a Million Robots
(06:24) Building Figure From Scratch
(08:15) Leaving Archer Aviation
(09:25) Post-IPO Move
(12:54) Cover, Hark & NASA's IP
(16:06) How Figure Outgrew OpenAI
(19:18) Founder Performance Playbook
(24:24) Learning from Bezos & Jobs
(29:19) Biggest Risks to the Business
(31:26) Building the World's First Physical AGI

[Brett Adcock @adcock_brett]

In the last 120 days, Figure scaled manufacturing 24x - from 1 robot/day to 1 robot/hour

We will manufacture 55 humanoid robots this week

[Formula 1 @F1]

Back in front of the crowd in a Juan Manuel Fangio F1 car! 👀✨

Franco goes for a spin in a Mercedes W196 😍

#F1

[Brett Adcock @adcock_brett]

Humanoid robots manufactured at Figure by month

[Brett Adcock @adcock_brett]

So proud to see F.03 make history as the first humanoid robot in the White House 🤖 🇺🇸

[Brett Adcock @adcock_brett]

Today, Figure is showing another major milestone towards a robot in every home

Running Helix 02, cleaning a living room fully autonomously

[Brett Adcock @adcock_brett]

I've been waiting 3 years to show you this

We just launched our 3rd-gen humanoid, but we’re already on our 7th-gen hand

Our team has quietly worked for years to approach parity with a human hand

Excited to share a sneak peek of some of the best engineering I’ve ever seen

[Figure @Figure_robot]

Introducing Helix 02

It's our most powerful model to date - it's using the whole body to do dishes end-to-end and it's fully autonomous

[Brett Adcock @adcock_brett]

The number of people needed to develop a general-purpose robot 🖤

Small passionate teams will always out-execute big teams

[Brett Adcock @adcock_brett]

Jensen’s keynote discussing NVIDIA + Figure

[Brian Armstrong @brian_armstrong]

Do want. Humanoid robots are going to be great.

[Figure @Figure_robot]

Introducing Figure 03

[Figure @Figure_robot]

Figure 03 coming 10/9

[Brett Adcock @adcock_brett]

This week, Figure has passed 5 months running on the BMW X3 body shop production line

We have been running 10 hours per day, every single day of production!

It is believed that Figure and BMW are the first in the world to do this with humanoid robots

[Brett Adcock @adcock_brett]

We just wrapped up a huge week at Figure - here’s what we announced:

1/ Announced >$1B in Series C. This gives us the strongest balance sheet in humanoid robotics - critical to scaling Helix (our AI) and BotQ (robot manufacturing)

2/ Launched a partnership with Brookfield, who manages $1T in assets globally. Together we’re planning to scale AI infrastructure for Helix, already collecting real-world data for Helix pretraining, and working commercially to deploy robots

3/ Announced Project Go-Big - our push to build the world’s largest humanoid pretraining dataset. We are scaling out human video collection and our F.02 humanoid can now learn directly from human video. This project is accelerated by our partnership with Brookfield, who owns over 100,000 residential units

As a founder, timing is everything. Too early or too late is fatal

Right now, we’re in the sweet spot for humanoids: advanced hardware is maturing that can walk and do human-like tasks, production manufacturing is spinning up, and most importantly - neural networks are delivering.

I believe we’re at the starting line of scaling synthetic humans to billions of units

[Brett Adcock @adcock_brett]

Big news: Figure has exceeded $1B in funding at a $39B post-money valuation