Nvidia reportedly considers another $1 billion investment in Figure AI

News.az reported that Nvidia was considering investing another $1 billion in Figure AI.[1] The outlet also said the discussions had not been confirmed and that no terms for a possible investment had been disclosed.[1] That leaves basic deal details—including whether an investment will happen and what conditions it might carry—unsettled in the available reporting. The report was published on October 7, 2026.[1] Figure was founded by Brett Adcock in 2022, according to News.az.[1]

Figure announced its Series C on September 16, 2025, saying the round exceeded $1 billion in committed capital and valued the company at $39 billion post-money.[2] Figure said Parkway Venture Capital led the round and named Nvidia among its significant investors, alongside Brookfield Asset Management, Macquarie Capital and Intel Capital.[2] Separately, Crypto Briefing reported that Figure said it had raised approximately $1.9 billion over its history.[3] These figures describe prior fundraising, not the terms of the newly reported discussions.

News.az described Helix as Figure’s foundation model, intended to let its humanoids perform a range of tasks rather than a single narrow job.[1] Figure said Helix training was constrained by available data and compute, and that its Index project generated 35 minutes of data every second.[4] Figure said its compute foundation would power Helix models for perception, reasoning and control.[2]

Figure announced a strategic partnership with Nscale on September 3, 2026.[4] Figure said the agreement covers deployment of up to 100,000 GPUs on Nvidia’s Vera Rubin platform, with an initial deployment targeted to start in the second half of 2027 in Barstow, Texas.[4] Figure described an initial $3.5 billion compute commitment, with an intention to scale it to more than $6 billion, and said Nscale was also making a strategic investment.[4] The companies said they would explore using humanoids to scale Nscale’s supply chain.[4] This is a separate reported arrangement, not disclosed terms for a possible Nvidia investment.