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The Silicon Valley-based robotics innovator Figure AI is engaged in discussions to secure a substantial funding round, aiming to raise $1.5 billion, valuing the company at an impressive $39.5 billion. This marks a remarkable 15-fold increase from its valuation of $2.6 billion in the previous year. According to reports, this funding round is anticipated to be spearheaded by Align Ventures and Parkway Venture Capital. Figure AI specializes in the production of humanoid robots and has already sold its products to esteemed clients such as BMW, with the potential to deliver 100,000 humanoid robots to another major, unnamed corporate client. Amidst the rapid advancement of AI technology, the humanoid robot market is garnering significant attention, and Figure AI's funding progress has ignited widespread interest within the industry.
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