• bitcoinBitcoin(BTC)$86,477.006.55%
  • ethereumEthereum(ETH)$2,773.525.05%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$799.383.49%
  • rippleXRP(XRP)$1.549.11%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$118.907.22%
  • tronTRON(TRX)$0.3444680.56%
  • zcashZcash(ZEC)$1,470.79-2.69%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.011.35%
  • HyperliquidHyperliquid(HYPE)$93.66-0.13%
  • dogecoinDogecoin(DOGE)$0.10001814.50%
  • moneroMonero(XMR)$596.825.99%
  • whitebitWhiteBIT Coin(WBT)$87.075.10%
  • RainRain(RAIN)$0.013945-1.19%
  • chainlinkChainlink(LINK)$13.155.29%
  • USDSUSDS(USDS)$1.00-0.01%
  • cardanoCardano(ADA)$0.2443396.95%
  • leo-tokenLEO Token(LEO)$8.970.31%
  • stellarStellar(XLM)$0.2159949.17%
  • uniswapUniswap(UNI)$8.992.44%
  • nearNEAR Protocol(NEAR)$4.262.80%
  • bitcoin-cashBitcoin Cash(BCH)$269.095.76%
  • avalanche-2Avalanche(AVAX)$11.25-0.40%
  • Ethena USDeEthena USDe(USDE)$1.000.00%
  • litecoinLitecoin(LTC)$61.955.26%
  • CantonCanton(CC)$0.1181818.52%
  • daiDai(DAI)$1.00-0.02%
  • USD1USD1(USD1)$1.000.00%
  • suiSui(SUI)$1.0415.96%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.454.71%
  • hedera-hashgraphHedera(HBAR)$0.0925657.08%
  • BittensorBittensor(TAO)$313.8019.54%
  • shiba-inuShiba Inu(SHIB)$0.0000069.81%
  • MemeCoreMemeCore(M)$1.46-0.73%
  • crypto-com-chainCronos(CRO)$0.06601810.65%
  • Global DollarGlobal Dollar(USDG)$1.000.00%
  • paypal-usdPayPal USD(PYUSD)$1.000.00%
  • tether-goldTether Gold(XAUT)$4,360.09-0.33%
  • okbOKB(OKB)$123.184.07%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • Ripple USDRipple USD(RLUSD)$1.00-0.01%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.14-0.49%
  • aaveAave(AAVE)$146.186.21%
  • OndoOndo(ONDO)$0.4545724.72%
  • BitwayBitway(BTW)$0.818.39%
  • mantleMantle(MNT)$0.657.20%
  • EthenaEthena(ENA)$0.212073-2.58%
  • polkadotPolkadot(DOT)$1.217.16%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

OpenAI-backed startup Figure teases new humanoid robot

August 2, 2024
in AI & Technology
Reading Time: 5 mins read
A A
OpenAI-backed startup Figure teases new humanoid robot
ShareShareShareShareShare

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More


The race to get AI-driven humanoid robots into homes and workplaces around the world took a new twist today when Figure, a company backed by OpenAI among others to the tune of $675 million in its last round in February, today published a trailer video for its newest model: Figure 02, along with the date of August 6, 2024.

YOU MAY ALSO LIKE

AWS Strands Agents Team Releases Strands Harness: An Open-Source Agent Harness With 28% Lower Token Cost at Comparable Accuracy

Bungie Leaders Now Say The Studio’s ‘Not Done With Destiny’

As you’ll see in the video, it is short on specifics but heavy on vibes and close-ups, showing views of what appear to be robotic joints and limbs as well as some interesting, possibly flexible mesh designs for the robot body and labels for torque ratings up to 150Nm (Newton-meters, or “the torque produced by a force of one newton applied perpendicularly to the end of a one-meter long lever arm” according to Google’s AI Overview) and “ROM”, which I take to be “range of motion” up to 195 degrees (out of a total 360).

Founder Brett Adcock also posted on his personal X/Twitter account that Figure 02 was “the most advanced humanoid robot on the planet.”

Figure 02 is the most advanced humanoid robot on the planet

— Brett Adcock (@adcock_brett) August 2, 2024

Backed by big names in tech and AI

Adcock, an entrepreneur who previously founded far-out startups Archer Aviation and hiring marketplace Vettery, established Figure AI in 2022.

In March 2023, Figure emerged from stealth mode to introduce Figure 01, a general-purpose humanoid robot designed to address global labor shortages by performing tasks in various industries such as manufacturing, logistics, warehousing, and retail.

With a team of 40 industry experts, including Dr. Jerry Pratt as CTO, Figure AI completed the humanoid’s full-scale build in just six months. Adcock envisions the robots enhancing productivity and safety by taking on unsafe and undesirable jobs, ultimately contributing to a more automated and efficient future, while maintaining that they will never be weaponized.

The company, which in addition to OpenAI has among its investors and backers NVidia, Microsoft,  Intel Capital and Bezos Expeditions (Amazon founder Jeff Bezos’s private fund), inked a deal with BMW Manufacturing earlier this year and showed off impressive integrations with OpenAI’s GPT-4V or vision model prior inside Figure’s 01 robot, prior to the release of OpenAI’s new flagship GPT-4o and GPT-4o mini.

Presumably, Figure 02 will have one of these newer OpenAI models guiding its movements and interaction, one of the leading names.

Competition to crack humanoid robotics intensifies

Figure has been a little quiet of late even as other companies debut and show off designs for AI-infused humanoid robots that they hope will assist humans in settings such as warehouses, factories, industrial plants, fulfillment centers, retirement homes, retail outlets, healthcare facilities, and of course, private homes as well.

Though humanoid robots have long been a dream in sci-fi stories, their debut as commercial products has been slow going and marred by expensive designs confined primarily to research settings. But that’s changing thanks to generative AI and more specifically, large language models (LLMs) and multimodal AI models that can quickly analyze live video and audio inputs and respond with humanlike audio and movements of their own.

Indeed, recently, billionaire multi-company owner Elon Musk stated with his typical boisterous bravado and ambitious goal setting, that there was a market for more than 10 billion humanoid robots on Earth (more than one for every person) — which he hoped to command or at least take a slice of with his electric automotive and AI company Tesla Motors (which is making a rival humanoid robot of its own to Figure called Tesla Optimus).

Elon Musk says he expects there to be 10 billion humanoid robots, which will be so profound that it will mark a fundamental milestone in civilization pic.twitter.com/1OELtSPFoU

— Tsarathustra (@tsarnick) July 29, 2024

Moreover, Nvidia showed off new improvements for training the AI that guides humanoid robots through its Project GR00T effort using Apple Vision Pro headsets worn by human tele-operators to guide the robots through correct motions:

Exciting updates on Project GR00T! We discover a systematic way to scale up robot data, tackling the most painful pain point in robotics. The idea is simple: human collects demonstration on a real robot, and we multiply that data 1000x or more in simulation. Let’s break it down:… pic.twitter.com/8mUqCW8YDX

— Jim Fan (@DrJimFan) July 30, 2024

And prior to that, early humanoid robotics pioneer Boston Dynamics previewed its own updated version of its Atlas humanoid robot with electric motors replacing its hydraulic actuators, presumably making for a cheaper, quieter, more reliable and sturdier bot.

Thus, the competition in the sector appears to be intensifying. But with such big backers and forward momentum, Figure seems well-poised to continue advancing its own efforts in the space.

VB Daily

Stay in the know! Get the latest news in your inbox daily

By subscribing, you agree to VentureBeat’s Terms of Service.

Thanks for subscribing. Check out more VB newsletters here.

An error occured.

Credit: Source link
ShareTweetSendSharePin

Related Posts

AWS Strands Agents Team Releases Strands Harness: An Open-Source Agent Harness With 28% Lower Token Cost at Comparable Accuracy
AI & Technology

AWS Strands Agents Team Releases Strands Harness: An Open-Source Agent Harness With 28% Lower Token Cost at Comparable Accuracy

September 21, 2026
Bungie Leaders Now Say The Studio’s ‘Not Done With Destiny’
AI & Technology

Bungie Leaders Now Say The Studio’s ‘Not Done With Destiny’

September 21, 2026
Here’s Why Apple’s Mac Studio Has Become So Expensive
AI & Technology

Here’s Why Apple’s Mac Studio Has Become So Expensive

September 21, 2026
Tesla Will Soon Roll Out FSD Supervised In The Czech Republic
AI & Technology

Tesla Will Soon Roll Out FSD Supervised In The Czech Republic

September 21, 2026
Next Post
Intel suffers one of its worst days in 40 years as stock plunges 26% after earnings miss

Intel suffers one of its worst days in 40 years as stock plunges 26% after earnings miss

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Here’s what a Fed rate hike means for your mortgage, car loan and credit cards – washingtonpost.com

Here’s what a Fed rate hike means for your mortgage, car loan and credit cards – washingtonpost.com

September 17, 2026
How To Start Day Trading With Only 0

How To Start Day Trading With Only $100

September 19, 2026
Recall of soups and dips with tainted jalapeños gets highest risk level

Recall of soups and dips with tainted jalapeños gets highest risk level

September 17, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!