AI

Figure AI CEO skips live demo, sidesteps BMW deal questions onstage at tech conference

Brett Adcock, co-founder and CEO of the Startup figure AI of the humanoid robotics, appeared a rare public appearance on the Bloomberg Tech Conference on Thursday. Figure has recently been the subject of a few news articles That doubted his progress with the BMW of Marquee customer. Figure was so powerful objection for at least one of these reports that Adcock publicly endangered To sue the publication.

When asked for skepticism around the BMW relationship and whether it is a pilot or has commercial value for the company, ADCOCK answered with a statement from the technical advantage of having robots on a factory floor, but did not provide details about the contractual relationship with BMW.

“We get a lot of value, and it is really important that we have to find out how to perform robots every day. We get to see how well they perform. We can follow all statistics,” he said. Two months ago, also published figure A YouTube video Let a few of his robots work in a BMW factory.

Adcock said, however, that Figure AI has signed a contract with a second, not further mentioned customer for the first implementation, a customer who reported Bloomberg Ups.

Figure AI has drawn the attention to make claims that his AI-driven robots have human-like fine motor skills and can manipulate objects with precision. Despite the release of countless videos of his robots at work, the company did not make a live demonstration of the humanoids.

The interviewer, Ed Ludlow of Bloomberg, pointed out that although two other robotics companies, Agility Robotics and Boston Dynamics, their robots showed at the conference, Figure AI did not. “It goes a bit back to our entire philosophy in the area, we are not going to many events,” said Adcock. “I think it’s a huge waste of time. To be honest, I have to take a team here to bring robots here. They can be in the office,” he said, adding that the company presents the robots in videos.

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Adcock confirmed that Figure AI expects to produce and implement around 100,000 units within four years.

The skepticism about the commercial relationship of Figure comes in the midst of the company’s attempts to pick up a round of $ 1.5 billion with a rating of $ 39.5 billion, sources told Bloomberg, a fifteen -fold increase compared to the $ 2.6 billion appreciation in February 2024.

WAN reported in April that Figure AI has issued Staken-and-Hoofd letters on secondary market brokers, and requires that they stop marketing his shares because they are not authorized to do this.

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