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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.

Meet The New AI Robot Billionaire

⏲ 8:35 👁 5.2M

Supercar Blondie

This BMW Has Moving Skin!

⏲ 8 minutes 13 seconds 👁 891.3K

carwow

Porsche Taycan GTS v BMW iX M60 v Chinese Teslas: DRAG RACE

⏲ 12 minutes 27 seconds 👁 849.4K

The new BMW Vision Neue Klasse X Interior Design

⏲ 2:33 👁 2.6M

Fully Charged Show

Building the BMW iX3: A tour of BMW's space-age China factory | SUBSCRIBE TO FULLY CHARGED

⏲ 16 minutes 25 seconds 👁 43.3K

The Wheel Network

BMW Production in China

⏲ 43 minutes 30 seconds 👁 6.1K

German carmaker BMW on April 26 announced an additional investment of 20 billion yuan (US$2.81bil) in its production base in China's Shenyang city.<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline

BMW to further invest US$2.8bil in China production base

⏲ 1:22 👁 705K

FORMULA 1

Race Highlights | 2024 Chinese Grand Prix

⏲ 8 minutes 10 seconds 👁 2.8M

Wallay Blue

China Revealed A Luxury Car That Shakes The Entire Car Industry

⏲ 12 minutes 41 seconds 👁 1.5M

Technology and design update for the all-electric BMW i4 and the BMW 4 Series Gran Coupé. Pioneers in the field of locally emission-free driving pleasure and progressive aesthetics in the premium midsize segment now have even greater appeal. Premiere of a new BMW i4 variant with electric all-wheel drive. All combustion-engined variants of the BMW 4 Series Gran Coupé now link up as standard with the eight-speed Steptronic Sport transmission. Precise modifications for the exterior and interior. Upgraded BMW iDrive with QuickSelect and additional digital services.<br/>Most successful body variant of the BMW 4 Series range brings new features enhancing sense of sporting elegance. Interior has premium ambience with renewed sophistication; additions to standard equipment, newly structured options list.<br/>BMW i4 and BMW 4 Series Gran Coupé are trailblazers for BMW’s flexible drive system architecture. Production of all model variants will take place at BMW Group Plant Munich. Worldwide market launch of the new models gets underway in July 2024.

The new BMW M440i xDrive Gran Coupé Preview

⏲ 1:21 👁 1.6M

Red Bull

F1 Car vs MotoGP Bike vs Rally Car: Ultimate Drag Race!

⏲ 5 minutes 41 seconds 👁 6.9M

Barrett

China Leads the World in EV's | Auto China 2024 : Part 1

⏲ 1 hour 12 minutes 11 seconds 👁 16.1K

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