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_meet-the-new-ai-robot-billionaire.webp "Armed with more than $750 million in funding, Brett Adcock vows that Figure will become one of the most important businesses in the world. First, there is a lot of work to do. Adcock, the 38-year-old founder and CEO of robot maker Figure, is riding high. In January, the company announced a collaboration with BMW, with the goal of putting Figure’s robots to work at the German automaker’s Spartanburg, South Carolina manufacturing plant. Six weeks later, Figure raised $675 million at a $2.6 billion valuation from the likes of Microsoft, Nvidia, OpenAI Startup Fund and Jeff Bezos. At the same time, Figure signed a collaboration agreement with OpenAI to develop next generation AI models for humanoid robots. <br/><br/>The valuation makes Adcock, who owns about 50% of the Sunnyvale, California company, a new billionaire. With his Figure stake and shares from a previous startup, he’s worth an estimated $1.4 billion. <br/>Even with all the money in the world, success is not assured.<br/><br/>0:00 Intro<br/>0:35 Who is Brett Adcock?<br/>1:45 Building the Figure Team <br/>2:18 What Makes Figure Different?<br/>3:16 Figure 01 Demonstration<br/>4:44 Training Humanoids<br/>6:47 The Future of Robots <br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/kerryadolan/2024/04/15/meet-the-new-ai-robot-billionaire/?sh=4eef9f7f7c32<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_4k-ai-art-indian-lookbook-model-al-art-video-city-skyline.webp "Indian AI Lookbook")
_4k-ai-art-indian-model-look-book-ai-art-video-do-you-like-my-colorful-traditional-saree-outfits.webp "Photo Tech Edit")
⏲ 50 seconds 👁 3.1K
_tesla-q1-earnings-highlights-ev-giant-misses-wall-street-estimates-makes-cost-cuts-invests-in-ai-speeds-launch-of-new-mo.webp "Tesla reports first-quarter revenue of $21.3 billion, down 9% year-over-year.<br/><br/>The automaker says it is working to lower costs moving forward.")
_4k-indian-ai-lookbook-model-124-skyscrapers-of-the-modern-era.webp "PixelIndian Beauty")
_4k-sweet-indian-ai-lookbook-tropical-paradise.webp "Sweet Indian AI Lookbook")
_gorgeous-beautiful-indian-ai-girl-talking-about-india.webp "GORGEOUS BEAUTIFUL INDIAN AI GIRL TALKING ABOUT INDIA")
_4k-sweet-indian-ai-lookbook-garden-serenity.webp "Sweet Indian AI Lookbook")
_4k-sweet-indian-ai-lookbook-floral-laboratory.webp "Sweet Indian AI Lookbook")
_meta-stock-rises-1-5-after-unveiling-powerful-ai-assistant-39llama-339.webp "Meta launched its newest AI assistant powered by the model \")
_4k-riverside-radiance-ai-art-featuring-indian-plus-size-lookbook-models.webp "AI IMAGIX")
⏲ 1 minute 40 seconds 👁 29.9K
_4k-ai-art-indian-lookbook-46-ailookbook-saree-shorts.webp "Active Balu Voice")
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