Nvidia Weighs Extra $1B for Figure as Humanoid Race Heats Up
On October 7, The Information reported, citing people familiar with the matter, that Nvidia held discussions about investing an additional $1 billion in Figure, the humanoid robot maker. Figure is seeking fresh funding at a pre-money valuation of roughly $38 billion, according to the report. The potential investment had not been previously disclosed.
Nvidia is already a Figure investor. A year ago, it took part in a funding round of more than $1 billion at the same valuation. The new talks suggest Nvidia remains eager to deepen its bet on humanoid robotics, a field it has identified as a major future market for AI.
The reported discussions also reflect broader competitive pressures in embodied AI. Figure is one of several startups racing to commercialize general-purpose humanoid robots. For Nvidia, backing such companies can secure demand for its chips and software platforms. The report underscores how chipmakers are positioning themselves in the emerging robotics supply chain. The unsigned deal, however, remains uncertain until terms are finalized.