Figure AI - Humanoid Robotics Company (Qualified Purchasers)

Figure AI is transforming the $30 trillion global labor market by pioneering humanoid robotics, the next frontier of AI. Figure AI has achieved significant breakthroughs in both robotics hardware and proprietary neural network software, securing commercial traction with Fortune 100 customers and projecting $9 billion ARR from its first two customers alone​. Figure AI is also well positioned to secure a data & software moat, similar to Google search or Android, which will give Figure an important advantage over its competitors. Link to Figure investor material: https://mailchi.mp/20d2ea56f6b4/figureai-series-c-13791254 In just three years, Figure has emerged as the most formidable competitor to Tesla's Optimus humanoid, which Morgan Stanley currently values at approximately $351 billion. Elon Musk has stated that Optimus could propel Tesla’s market cap from $1 trillion to $25 trillion, calling humanoids potentially “the biggest product ever.” Unlike Optimus, which is just one segment of Tesla’s almost $1 Trillion valuation, Figure AI offers investors a pure-play opportunity to capitalize on the transformative potential of humanoid robotics with a market leader. While ChatGPT is reshaping how we work, humanoid robots are set to revolutionize who does the work. This transformation will be driven by Figure’s proprietary 'Visual Language Action' (VLA) models—the equivalent of LLMs for AI operating in the physical world. Figure AI is at the forefront of this revolution with its cutting-edge Helix VLA . Since the physical world is built for humans, the next evolution of AI will take shape in human-like forms, seamlessly integrating artificial intelligence into the real world. Current investors in Figure include Microsoft, OpenAI, Nvidia, Samsung, Intel, and Jeff Bezos.