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Figure AI's CEO just raised $700 million for his next big bet

Hark, founded by Figure AI CEO Brett Adcock, raises $700M, aiming to compete with OpenAI, Apple, Google, and Meta in AI hardware innovation.

Figure AI's CEO just raised $700 million for his next big bet

TL;DR

  • Hark, a new AI lab founded by Figure AI CEO Brett Adcock, has raised $700 million at a $6 billion valuation.
  • The company aims to develop personalized AI systems and hardware that interact naturally with users.
  • Hark enters a competitive landscape alongside OpenAI, Apple, Google, and Meta in the AI hardware sector.
  • The funding round was led by Parkway Venture Capital, with participation from Nvidia, AMD Ventures, and Salesforce Ventures.
  • Hark plans to release its AI models and offer early access to its personal AI platform later this summer.