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Nscale commits at least $3.5B in AI cloud capacity to Figure, becoming a preferred compute provider. This strategic investment is part of a multi-year agreement which may scale past $6B.

Sep 05, 20263 days ago
SunnyvaleManufacturingAutomotive

Description

Nscale is committing at least $3.5 billion in AI cloud compute to humanoid robotics company Figure, with potential to exceed $6 billion. Nscale is also taking an undisclosed equity stake in Figure, enhancing its role as a compute provider. The partnership includes a significant number of NVIDIA GPUs aimed at supporting advanced AI models in humanoid robotics. This deal underscores the increasing investments flowing into robotic technology, which has seen $8.6 billion raised in 2026 alone.

Company Information

Company

Figure

Location

Sunnyvale, California, United States

About

We got some renders when the company came out of stealth back in March, but beyond that, the Figure 01 robot hasn’t traveled beyond its office walls. The company did, however confirm with TechCrunch that its assembled robot (bottom half+top half) took its first step ahead of its one year anniversary. This morning the company announced a sizable vote of confidence in the form of a $70 million Series A. Figure is still quite young, having only celebrated its first birthday on May 20, but it’s been aggressively hiring talent from places like Boston Dynamics, Tesla, Apple and automotive manufacturers.

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