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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 👁 4.8M

CNBC International TV

Alternative investment manager explains what's enabling private capital

⏲ 2 minutes 25 seconds 👁 224

Bloomberg Originals

How Much Money Does a Hedge Fund Startup Need?

⏲ 5 minutes 30 seconds 👁 217.5K

Deep fried food has always been delicious but since air frying hit the scene a few years ago, the debate between the two methods has been heating up. Jessica Teich, GH Deputy Editor, and Nicole Papantoniou, GH Director of the Kitchen Appliances & Innovation Lab, are putting air fryers and deep fryers in a head-to-head test to see which is worth the investment. Watch to find out everything you should consider before buying either appliance and which you should “Add to Cart.”

Everything You Ever Wanted to Know About Deep Fryers vs. Air Fryers | Good Housekeeping

⏲ 5:12 👁 11.7M

The Compound

How I Started My Hedge Fund

⏲ 21 minutes 43 seconds 👁 132.8K

Logically Answered

Why Do Hedge Fund Managers Make So Much?

⏲ 12 minutes 8 seconds 👁 200.1K

HYBE’s shares take a hit as the CEO of NewJeans’ label ADOR denies leading plans to go independent. Earlier this week, HYBE launched an internal probe, accusing Min of breach of trust.<br/><br/>Full story: https://www.rappler.com/entertainment/korean-popular-music/hybe-shares-hit-dispute-new-jeans-ador-label/

HYBE’s shares take another hit as dispute with NewJeans label drags on

⏲ 0:54 👁 2M

Millennium Careers

Built Together: Brett and Steve

⏲ 55 seconds 👁 93.8K

TRS Clips

How Rich People Multiply Their Money - Hedge Fund Explanation by Anshul Rustaggi

⏲ 5 minutes 10 seconds 👁 18.1K

People end up on the streets for a variety of reasons, some families have been evicted, others have fled abuse or have addictions and other people don’t have the life skills or money to live alone, according to a Yorkshire homeless charity. <br/>CEO of Homeless Street Angels Becky Joyce has said that the government's proposals to reintroduce an archaic act which gives police the powers to prosecute people who are rough sleeping or begging. <br/><br/>

Vagrancy Act 1824: Homelessness is not a choice, people need support not prosecution

⏲ 2:50 👁 3.1M

Talks at Google

The Myth of Private Equity | Jeffrey C. Hooke | Talks at Google

⏲ 50 minutes 56 seconds 👁 109.3K

Big Think

William Ackman: Everything You Need to Know About Finance and Investing in Under an Hour | Big Think

⏲ 43 minutes 57 seconds 👁 6.1M

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