Nvidia discussed investing another $1 billion in Figure AI

Key Summary

Nvidia is considering investing another $1 billion in Figure AI, the humanoid robotics startup, in a deal that could further solidify the company's position in the AI-powered robotics market. The talks have not been confirmed, and no deal terms have been disclosed. Nvidia has already invested in Figure's Series C funding round, which raised over $1 billion and valued the company at $39 billion. Figure has raised approximately $1.9 billion in total funding, with earlier backers including Microsoft, OpenAI, and Intel. The partnership would allow Figure to train models on Nvidia's Vera Rubin GPUs and deploy them on Nvidia GPUs inside its robots, addressing the company's need for more data and computing resources to speed up development.