In the realm of transformative technologies, the rise of Artificial Intelligence (AI) stands as a defining force with the potential to revolutionize industries on a global scale. The innovative strides made by Figure AI not only signal a new era of possibilities but also hold the promise of reshaping the very fabric of how society interacts with the global marketplace’s ever-increasing demands.Beyond the confines of individual enterprises, Big Sky Partners recognized that Figure AI’s impact transcends borders, fostering connectivity, collaboration, and innovation across diverse sectors. By harnessing AI technologies’ capabilities, organizations gain a competitive edge in navigating the complexities of a rapidly evolving global marketplace.
Big Sky Partners identified that Figure AI was poised at the potential precipice of a new era, where the convergence of AI and human ingenuity propels toward a future replete with promise and potential for global advancement.
Founded by Brett Adcock, Figure AI’s next-level technology aims to address many societal hurdles, including the growing labor shortage crisis, allowing both businesses and individuals to meet their workforce needs without compromising safety or efficiency.
Free from concerns about fatigue, workplace injuries, or the limitations of human physiology, Figure’s humanoids promise to revolutionize industries ranging from manufacturing and logistics to eldercare and space exploration. The Figure 01 robot showcases this technology in action, offering a glimpse into the future of work and human-robot collaboration.
Born from the visionary mind of Brett Adcock, a serial entrepreneur with a track record of successful tech ventures, Figure AI has set out to transform the world of robotics and AI. This innovative company emerged from a recognition of the impending labor crisis and the potential for advanced robotics to address this global challenge.
Figure AI’s journey to creating the perfect humanoid robot began with a clear vision of the future. Adcock, having previously founded and led companies like Archer Aviation and Vettery to successful exits, recognized the limitations of the current labor market and the growing need for a revolutionary solution. His natural talent for identifying transformative technologies and his dedication to maximizing his impact on humanity quickly set the stage for Figure AI’s ambitious mission.
Throughout the company’s development, the team’s passion for robotics and AI extended far beyond theoretical research. They became increasingly focused on the practical applications of humanoid robots and the possibility of creating a versatile, adaptable workforce. This drive, combined with their desire to eliminate unsafe and undesirable jobs while improving human quality of life, laid the foundation for what would become Figure AI.
In its early stages, Figure AI took decisive steps toward realizing its vision. Adcock assembled a team of top-tier engineers, scientists, and innovators, many from renowned institutions and companies such as Boston Dynamics. Their goal wasn’t just to build another robot – their vision was to create a general-purpose humanoid capable of performing a wide array of tasks in human-centric environments.
The team embarked on a journey of extensive research and development, diving deep into the complexities of robotics, artificial intelligence, and human-robot interaction. They set up state-of-the-art research facilities, complete with advanced prototyping and testing capabilities. These became the proving grounds for their groundbreaking ideas.
What sets Figure AI’s technology apart is its focus on creating a truly general-purpose humanoid robot. Unlike specialized robots designed for specific tasks, Figure’s humanoids are built to adapt to a wide range of environments and jobs. This versatility allows for a more scalable and cost-effective solution to labor shortages across multiple industries.
From the beginning, Figure AI and its investors envisioned the company as more than just a robotics manufacturer. They saw it as a platform to reimagine the entire global workforce. The company’s plans include deploying humanoids in industries facing severe labor shortages, such as manufacturing, shipping and logistics, warehousing, and retail, before expanding into home assistance and eldercare.
This holistic approach aims to address not only the immediate labor crisis but also to improve the overall human quality of life by allowing people to focus on more fulfilling and creative pursuits. Figure AI sees a future where manual labor becomes optional, and humanoid robots enable an unprecedented level of productivity and abundance.
With significant private investment, including backing from tech giants like OpenAI, Microsoft, and Jeff Bezos, Figure AI has positioned itself as a leader in the humanoid robotics revolution. The company’s progress is evident in its rapid development cycles and high-profile partnerships, such as its recent collaboration with BMW to integrate humanoid robots into automotive manufacturing.
Or, as Figure AI likes to put it, the “Master Plan.” Figure AI envisions a world transformed by the seamless integration of humanoid robots into the workforce, driving positive impact and fostering a more productive, safer, and fulfilling society for generations to come.
In the era of AI and Robotics, a revolution is underway, offering a golden opportunity to boost production and elevate living standards significantly. Automation’s integration at scale signals a profound transformation in our labor-driven economy. Advanced robots, equipped to think, learn, and interact, are poised to outperform humans. With manual labor currently influencing prices substantially – constituting 50% of global GDP ($42 trillion/yr) – the workforce evolution towards robotics is set to reduce labor costs.
Envision a future where robots not only replace humans in repetitive tasks but also contribute to their own creation, driving costs down further. This shift promises a surge in productivity, making manual labor optional while broadening the accessibility of affordable goods and services, fostering increased prosperity for all.
Guided by values of technical fearlessness, mission focus, and a championship mindset, Figure AI remains committed to advancing the frontiers of robotics and AI to benefit humanity and usher in a new era of human-robot collaboration.
“We have the potential to alter the course of history and fundamentally improve millions of lives. It’s time to build.” – Brett Addock.
In March 2023, Big Sky’s founder, Michael Schwab, and partner, Brian Spitz, recognized the immense potential of Figure AI’s humanoid robotics concept. Driven by his keen eye for transformative technologies, Big Sky Partners invested in Figure AI’s vision of creating versatile, autonomous robots to address the global labor shortage.
As Figure AI continued to make groundbreaking progress in robotics and AI, Big Sky Partners increased its investment, accelerating Figure AI’s journey towards commercializing humanoid robots, bringing us closer to a future where humans and robots work side by side to create a more productive and prosperous world.