Humanoid robotics startup Figure AI has raised $1.5 billion in a new funding round, according to Reuters. The deal was led by Bezos Expeditions and NVIDIA, adding fresh capital to a company that has drawn backing from major technology investors including SoftBank and OpenAI.

The round places Figure AI at a valuation of $39.5 billion, underscoring continued investor appetite for artificial intelligence applications that move beyond software and into physical machines. The company is among the most closely watched players in the fast-growing robotics sector, where developers are racing to build machines that can perform tasks in workplaces and homes.

The latest financing is one of the largest recent bets on humanoid robotics, a field that has attracted intense interest as companies compete to combine advanced AI models with mechanical systems capable of human-like movement. Still, the sector faces major technical and commercial hurdles before such robots can be widely deployed.

For Figure AI, the new capital could help accelerate product development, manufacturing plans and future partnerships as the company seeks to turn investor enthusiasm into practical systems. The funding also signals that large technology and investment firms remain convinced robotics could become one of the next major frontiers in AI.