Mentioned:
GOOG -0.89% AMZN -3.02% NVDA -6.20% MSFT -2.66%
Figure AI is one of the most exciting companies in the world for humanoid robots. And now, they’re scaling up their manufacturing capabilities.
What’s happening:
- Robotics startup Figure AI has announced they are building a new manufacturing facility for humanoid robots known as BotQ which will be located in San Jose, California
By the numbers:
- Figure AI’s BotQ facility is aiming to manufacture 12,000 new robots annually
- Figure AI has also publicly stated they plan to begin launching new robotics manufacturing facilities every 90 days in order to keep up with the massive demand for their humanoid robots
Why it matters:
- This is one of the largest manufacturing facilities to ever be built for the sole purpose of producing humanoid robots
Going deeper:
- Figure AI has been making a flurry of moves lately, including just recently launching their newest humanoid robot known as Figure 03 and previously raising a mega funding round which saw participation from notable investors such as Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT) and even Amazon (NASDAQ: AMZN) founder Jeff Bezos
The intrigue:
- Humanoid robots continue to attract major interest from some of the world’s largest technology giants, with Google (NASDAQ: GOOG) just recently launching two new artificial intelligence models that are designed to be integrated with humanoid robots


