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
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
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
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
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
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