Apple has announced that it will make the transiti...
Tech Company Figure Secures $70 Million Investment to Speed Up Humanoid Robot Development
May 24, 2023 By Monica Green
(Image Credit Google)
Describe Figure
The humanoid robots from Figure are specifically made to perform a variety of activities and operate in a variety of locations, including retail settings and warehouse settings. According to the figure, it will aid in filling 10 million open positions in the United States, mainly in transportation, retail, and warehouses. According to the corporation, its ultimate goal is to utilize autonomous humanoids to help international commercial operations. With an eye toward commercialization, Figure has already started talking to shops about possible partnerships for their cutting-edge robots.The Market for Humanoid Robots
The CEO of Figure, Adcock, places a strong emphasis on the creation of robots that are capable of handling multi-purpose duties, differentiating the company from industry heavyweights like Boston Dynamics and Amazon Robotics. The ultimate goal is to give Figure's robots the capacity to learn from and interact with their environment, enhancing their flexibility and adaptability. "Our firm belief is that general-purpose humanoid robots hold far greater potential than their single-purpose counterparts," says Adcock. We can efficiently handle labor shortages and eventually do away with the necessity for dangerous or unpleasant employment by incorporating these robots into the workforce. [caption id="" align="aligncenter" width="1200"] Image credit- LinkedIn[/caption]Humanoid robots that are economically viable
The drive to create humanoid robots that are economically viable has spurred rivalry and attracted both established IT behemoths and aspirational entrepreneurs. Tesla presented a prototype of their humanoid robot, commonly known as "Optimus," last year under the direction of CEO Elon Musk. With an anticipated price of under $20,000, Musk expressed confidence that Tesla would be able to accept orders for the robot within the following three to five years. Recently, he also predicted that there could be a 20 billion-unit robot demand. The potential for humanoid robots to disrupt industries by automating processes currently dependent on human intervention is the driving force behind the growing interest in these machines. These adaptable robots have the potential to greatly improve productivity, efficiency, and safety across numerous industries, from manufacturing to customer service. Also read: Tesla’s 4680 Battery Production Rate Can Now Produce 1,000 EVs Per Week Additionally, employing humanoid robots eliminates labor shortages, particularly in repetitive or physically demanding jobs. Companies can lower the risk of work-related accidents while streamlining operations and maximizing resource allocation by substituting machines for people in these positions.Leave a Reply
Apple's iOS 18: A Leap into the AI Era
March 12, 2024
Google's Regular Pixel 8 Won't Get Gemini Nano AI
March 12, 2024
MacBook Air M3 Makes Amends for M2's Storage Blunder
March 11, 2024
Samsung Unveils the Galaxy M15 5G
March 11, 2024
Elon Musk's xAI to Open-Source Chatbot Grok
March 11, 2024
Contra: Operation Galuga - A Modern Run-and-Gun Classic
March 11, 2024
Musk Confirms X's TV App Arrives This Week
March 11, 2024
RELATED NEWS
2
3
4
5
6
7
8
9
10