Figure Technology Solutions has named Michael Tannenbaum as CEO and a member of the board of directors, effectively immediately. The company’s previous CEO, co-founder Mike Cagney, has assumed the role of executive chairman, Figure said in a Tuesday (April 23) press release. Tannenbaum was most recently chief operating officer at Brex and...
Traditional manufacturing processes often suffer from inefficiencies, delays and limited visibility into operations. However, with the integration of artificial intelligence (AI) tools, Internet of Things (IoT) devices and cloud solutions, the manufacturing sector is undergoing a profound shift toward digital transformation. Take automobile manufacturing, for...
Artificial intelligence company Figure has raised $70 million toward its goal of commercialized, humanoid robots. The Series A round, announced Wednesday (May 24) is part of a wave of recent funding in the artificial intelligence (AI) space, and is designed to help the company build...
Apollo Global Management said it plans to offer a new fund on a public blockchain as it deepens its relationship with the FinTech Figure. According to a Bloomberg News report Tuesday (Nov. 22), Apollo and Hamilton Lane are launching investment operations via a platform on...
June 12, 2024
Figure Technology Solutions has launched a blockchain-based multi-seller, multi-buyer marketplace for private credit loans. Dubbed “Figure Connect” and called a first-of-its-kind offering, the marketplace brings the company’s capital markets buyers to its loan origination partners, Figure said in a news release Wednesday (June 12). The marketplace is a step toward building the first “highly liquid […]
April 23, 2024
Figure Technology Solutions has named Michael Tannenbaum as CEO and a member of the board of directors, effectively immediately. The company’s previous CEO, co-founder Mike Cagney, has assumed the role of executive chairman, Figure...
May 24, 2023
Artificial intelligence company Figure has raised $70 million toward its goal of commercialized, humanoid robots. The Series A round, announced Wednesday (May 24) is part of a wave of recent...
November 22, 2022
Apollo Global Management said it plans to offer a new fund on a public blockchain as it deepens its relationship with the FinTech Figure. According to a Bloomberg News report...
