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Stock impact report

Figure AI CEO says over 170,000 people have applied to his robot company in the last 3 years. He hired fewer than 500. [Business Insider]

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This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Figure AI CEO Brett Adcock said he saw 176,000 résumés since the year his startup launched in 2022. Only about 425 people were hired, he said, giving his company a .24% acceptance rate. Adcock said the company goes through résumés "one by one," and most of them were "slop." A humanoid robotics startup in Silicon Valley appears to have an acceptance rate lower than any Ivy League university. Figure AI has been flooded with résumés since its founding in 2022, according to the startup's founder and CEO, Brett Adcock. "Just checked, 176,000 job applications at Figure the last 3 years," he wrote in an X post on Saturday. "We've hired ~425 people." That amounts to a hiring rate of about .24% within the three years. Adcock wrote that most of the submissions were "slop." The spread of the 176,000 applications over the three years is unclear. Show less Read more
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