Figure AI, the robotics company aiming to build the first commercially viable humanoid worker, recently announced it secured a staggering $675 million in funding from some of the biggest names in tech and venture capital, including Jeff Bezos, Microsoft (NASDAQ:MSFT), Nvidia (NASDAQ:NVDA), OpenAI, and Intel (NASDAQ:INTC).
Now valued at $2.6 billion, the San Jose, California-based startup is in talks with United Parcel Service (NYSE:UPS) to integrate its humanoid robots into the global shipping giant’s logistics infrastructure, according to Bloomberg.
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Figure AI was founded in 2022 by serial entrepreneur Brett Adcock, who previously launched Vettery and Archer Aviation (NYSE:ACHR). Adcock’s bio says that his goal is to create a fully autonomous humanoid robot that can safely, efficiently, and intelligently perform a wide range of physical tasks that are currently repetitive, physically draining, or simply undesirable for human workers.
According to Bloomberg, the company’s latest model, Figure 02, features integrated cabling, a torso battery, and real-time computing power using Nvidia RTX GPU-based modules. It’s outfitted with 6 RGB cameras, directional microphones, speakers, and a custom-built conversational AI developed in collaboration with OpenAI. Figure 02 also boasts 16 degrees of freedom in its redesigned hands, which allow it to lift and maneuver up to 55 pounds. These capabilities are being actively tested in real-world settings, including on the factory floor at BMW.
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While both UPS and rival FedEx (NYSE:FDX) have incorporated autonomous systems like sorting and ground robots into their operations, neither has implemented humanoid robots until now.
Bloomberg reported last year that UPS and Figure AI began discussions in 2023 and resumed them in early 2025 as Figure’s latest model reached new performance milestones. If an agreement is finalized, UPS will become one of the first global logistics companies to pilot humanoid labor at an industrial scale.
