The robotics company hosted by Melania Trump

Source Domain: www.cnbc.com

First Lady Melania Trump highlighted Figure AI’s humanoid robot, Figure 3, at the Fostering the Future Together Global Coalition Summit, showcasing the potential of AI in children’s education.
The display underscored the growing national and global interest in humanoid robotics and its applications.
Figure AI, founded in 2022 by Brett Adcock, recently raised over $1 billion in a Series C funding round, achieving a $39 billion valuation, and plans to deploy thousands of robots in various sectors including home and logistics.
The White House spotlight is expected to elevate Figure AI’s profile, despite its competition with more established companies like Tesla and Boston Dynamics.
The company faces a pending lawsuit alleging safety concerns from former employees, claiming the robots pose risks to human safety. Figure AI denies these allegations and has countersued.
Brett Adcock’s involvement extends beyond Figure AI as the co-founder of Archer Aviation, a drone company that also saw significant support from the U.S. government through an executive order from President Donald Trump promoting electric air taxis.

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