Nvidia discussed investing another $1 billion in Figure AI

Nvidia has discussed putting another $1 billion into Figure AI, the humanoid robotics startup founded by Brett Adcock in 2022. The talks have not been confirmed, and no deal terms have surfaced. Nvidia is not a newcomer to Figure’s cap table. In September 2025, it joined Figure’s Series C funding round. That round raised over $1 billion and gave the company a post-money valuation of $39 billion. Across its history, Figure has raised approximately $1.9 billion. Earlier backers include Microsoft, the OpenAI Startup Fund, and Intel Capital. Nvidia’s role goes beyond writing checks. The chipmaker is a key technology provider for Figure’s Helix AI models and for its robot deployments. Helix is Figure’s foundation model, the general-purpose AI brain meant to let its humanoids handle a wide range of tasks rather than one narrow job. The Nscale deal and the compute arms race On September 3, 2026, Figure announced a strategic partnership with Nscale, a UK-based AI cloud provider. Under the agreement, Nscale is providing an initial $3.5 billion in AI compute capacity. That commitment can expand beyond $6 billion. Nscale plans to deploy up to 100,000 Nvidia Vera Rubin GPUs, with initial proje...