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August 1, 2025 8 mins

you don't need a product for a SPAC exit
Text version: https://pivot-to-ai.com/2025/08/01/figure-ais-botq-humanoid-robot-is-an-investor-demo-not-a-product/

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Sources:

Figure: Roadmap to a positive future powered by AI https://www.figure.ai/master-plan
The $40 Billion Startup Mystery Shaking Up Silicon Valley https://www.wsj.com/tech/the-hottest-pre-ipo-stock-an-ai-robotics-startup-with-bold-claims-little-revenue-b0c1f03b
Is the CEO of the heavily funded humanoid robot startup Figure AI exaggerating his startup’s work with BMW? https://fortune.com/2025/04/06/figure-ai-bmw-humanoid-robot-partnership-details-reality-exaggeration/
BotQ: A High-Volume Manufacturing Facility for Humanoid Robots https://www.figure.ai/news/botq
BotQ factory floor: https://images.ctfassets.net/qx5k8y1u9drj/69cvfJk5pvV03bgXFHq0Rj/324e4f9fc59388f1ca6b0ccb09f63fe9/BotQ7.png
Helix: A Vision-Language-Action Model for Generalist Humanoid Control https://www.figure.ai/news/helix
Electric Aircraft Startup Archer to Go Public Via SPAC Atlas Crest Investment; Shares Lift Off (2021) https://ipo-edge.com/electric-aircraft-startup-archer-to-go-public-via-spac-atlas-crest-investment/
Adecco buys digital recruitment firm Vettery, price not disclosed (2018) https://www.reuters.com/article/business/adecco-buys-digital-recruitment-firm-vettery-price-not-disclosed-idUSKCN1G40IO/

Faceplate video: https://videos.ctfassets.net/qx5k8y1u9drj/5fN78P3XnytM66iDxMCrso/ee842f5f50fde0fbf83f4103b2a289cc/BotQ_V5_MP4.mp4
BotQ factory video: https://videos.ctfassets.net/qx5k8y1u9drj/2G0s5rUkbbvFz9ysqTbmoM/6ea2d25d7508b93aa2934b2afd2edb44/Montage_3.mp4
Introducing Figure 02 https://www.youtube.com/watch?v=0SRVJaOg9Co

Full Pivot to AI playlist: https://www.youtube.com/playlist?list=UU9rJrMVgcXTfa8xuMnbhAEA

 

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