Figure partners with OpenAI on robot AI models
On 29 February 2024, humanoid robot maker Figure announced a US$675 million Series B at a US$2.6 billion valuation and a collaboration with OpenAI to develop AI models for its robots.
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Figure and BMW sign a commercial deployment agreement
On 18 January 2024, Figure announced a commercial agreement with BMW Manufacturing to deploy general-purpose robots in car production, starting with a few tasks at BMW's Spartanburg plant and expanding only if milestones were met.
Microsoft invests $1 billion in OpenAI and becomes its cloud partner
In July 2019 Microsoft invested $1 billion in OpenAI and became its exclusive computing partner, with OpenAI's services to run on Microsoft Azure.
The Partnership on AI is established
A multi-stakeholder organisation formally established in late 2016 by researchers from six of the world's largest technology companies to study and share best practices in AI, advance public understanding and provide an open platform for discussion of AI's effects on society.