Project
Figure's crowdsourced app for collecting video of people performing physical tasks, launched August 25 with paid contributors.
Figure's software finished 56% of chores in 30 unfamiliar homes, Boston Dynamics began training Atlas inside a Hyundai plant, and Unitree priced a 22-joint hand at $6,500.
Reality
The floor on Figure's compute commitment is about twice all the equity it has disclosed raising, and the vendor writing that contract now owns a piece of the customer owing it. Whether the $3.5bn is take-or-pay is undisclosed.
Reality
The contract value is public and the size of Nscale's stake in Figure is not, which leaves anyone reading a $51bn backlog ahead of a US listing unable to tell how much of that line the seller helped pay for.
Reality
Figure is buying compute the way a frontier lab buys it. The announcements skip the numbers that matter most: how much of the ceiling the initial money covers, and how many megawatts Barstow will draw.
Reality
Index pays crowd contributors for first-person household video. Figure's own figures put contributor spend near $3.75m a month, and they do not reconcile into an hourly wage.
Reality