OpenAI and Figure’s humanoid robot venture receives multimillion-dollar backing amid regulatory scrutiny
OpenAI partners with robotics startup Figure to introduce humanoid robots to everyday life, supported by significant investment from tech majors. Meanwhile, regulatory entities in the US and UK scrutinize the advancements and partnerships in the burgeoning field of AI.
OpenAI, renowned for its creation of ChatGPT, is expanding its technological horizon by integrating its AI systems into humanoid robots through a partnership with the robotics startup Figure. This collaboration is supported by substantial investments from technology giants including Amazon, Microsoft, and Nvidia. The initiative seeks to introduce humanoid robots into everyday settings like workplaces and homes. Figure CEO Brett Adcock envisions these robots as a solution to tasks undesirable to humans, suggesting the possibility of mass-producing millions or even billions of robots. Leveraging OpenAI’s GPT language models and image-generating technologies, Figure plans to develop specialized AI models for these robots, emphasizing human-like features and functionalities.
The partnership has garnered significant financial backing, with a $675 million investment boosting Figure’s valuation to $2.6 billion. This funding will support the expansion of AI training, robot manufacturing, and engineering hires. Figure AI’s ambition is clear with plans to deploy these humanoid robots in commercial operations, potentially addressing labor shortages and handling millions of undesirable jobs based on projections.
However, amidst these advancements, OpenAI faces regulatory scrutiny. The US Securities and Exchange Commission (SEC) is investigating potential misleading statements to investors by OpenAI, with CEO Sam Altman’s communications being a focal point. The investigation follows controversy surrounding Altman’s temporary removal and subsequent reinstatement after a workforce backlash. Furthermore, the UK’s Competition and Markets Authority is examining OpenAI’s partnership with Microsoft, reflecting growing regulatory interest in the competitive impacts of AI investments.
This scenario marks a significant moment in the AI and robotics industries, showcasing the potential for humanoid robots in transforming daily life and work. Concurrently, it underlines the challenges tech companies face from regulatory bodies regarding investment practices and partnerships in the rapidly evolving AI landscape.
