At the Bloomberg Tech conference, Brett Adcock, co-founder and CEO of Figure AI, addressed concerns about his company's partnership with BMW, which has faced scrutiny. Though he did not provide details on the contract, he highlighted the importance of performance metrics in real-world factory settings. Adcock also mentioned a contract with a second unnamed customer, reportedly UPS. Despite showcasing robots via video, Figure AI did not participate in the live demonstrations at the conference, citing a preference for in-house testing over public events.
We get a lot of value, and it's really important that we need to figure out how to run robots every day. We get to see how well they perform.
It kind of goes back to our whole philosophy around we don't go to a lot of events. I think it's a giant waste of time.
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