NVIDIA reportedly weighs $1 billion investment in Figure AI

By Splitfeed EditorialLast updated Oct 14, 2026, 16:40 UTC

Reports emerging around October 13 and 14, 2026 indicate that NVIDIA is weighing a $1 billion investment in Figure AI, a humanoid robotics startup. The deal, if completed, would assign Figure AI a valuation that exceeds Goldman Sachs' projected size of the entire humanoid robotics market through 2035, meaning the implied price tag on a single company would outstrip forecasts for the whole sector over roughly a decade. Separately, Agility Robotics, a competing humanoid startup that already counts NVIDIA among its backers, is reportedly preparing for a listing on a U.S. stock exchange.

The context matters because NVIDIA is not simply a passive investor chasing a trend. The company supplies the chips that power AI training and inference across robotics, data centers, and autonomous systems, so a $1 billion commitment to Figure AI would deepen a strategic dependency between hardware and humanoid platforms. The Goldman Sachs comparison is the sharpest point of contention here. It raises a genuine question about whether current valuations reflect plausible near-term revenue or whether capital is pricing in a future that analysts have not yet modeled. The fact that NVIDIA is simultaneously connected to Agility Robotics, a rival preparing to go public, adds another layer, suggesting the company is pursuing broad exposure to the humanoid space rather than betting on a single winner.

None of the three camps have published reactions to this story yet. The Pro-AI camp would typically frame a $1 billion commitment from a company like NVIDIA as validation that humanoid robotics is approaching commercial viability faster than consensus estimates suggest. The Anti-AI camp would likely point to the Goldman Sachs valuation gap as evidence of speculative excess, arguing that hype is driving capital well ahead of any demonstrated market. The Middle Ground camp would probably acknowledge the genuine long-term potential of humanoid robotics while flagging the valuation math as a warning sign that early investors are absorbing significant risk.

The clearest near-term signal to watch is whether NVIDIA formally closes an investment in Figure AI and at what valuation that deal is confirmed. A public filing from Agility Robotics ahead of its listing would also provide concrete financials that could either support or challenge the optimism currently embedded in these reported figures.