Hark, an AI Lab From Figure AI’s CEO, Raises $700 Million Hark, a new AI lab led by Figure AI CEO Brett Adcock, has burst out of stealth with a massive funding round and even bigger ambitions, promising a personalized AI assistant and custom hardware amid intense competition from tech giants.

Laying the groundwork (late 2025)

Adcock quietly launched Hark in late 2025, initially seeding the company with $100 million of his own money to develop an “agentic” AI system meant to act as a universal interface to the digital world. From the start, Hark’s pitch was that current AI products skew toward helping developers write software, not helping everyday consumers navigate their lives.

The $700 million Series A (May 2026)

On May 21, 2026, Hark announced a $700 million Series A round that values the company at $6 billion. The raise, led by Parkway Venture Capital with participation from Nvidia, AMD Ventures, Salesforce Ventures and a long list of major investors, instantly positioned Hark among the most heavily funded AI startups.

Hark says it is building personalized AI models and hardware devices designed to interact “more naturally with people and the physical world, not just through chat.” Adcock framed the mission as delivering “the AI that everyone deserves, but no one has built yet — one that actually knows you, speaks your language, is highly personalized, and lives on hardware made for you.”

A secretive roadmap and competing visions

Despite the funding, Hark has disclosed few product details. The company plans to ship its first multimodal models this summer to power a personal AI platform that works with existing services, followed by dedicated hardware devices. Director of design Abidur Chowdhury, a former Apple executive, said investor enthusiasm followed internal demos but argued that current AI tools still don’t “really help like the normal person,” noting that most companies are “building things to help people make software.”

That stance sets Hark against incumbents like OpenAI, Apple, Google and Meta, which are also racing to define the next generation of AI hardware and assistants. Whether Hark’s heavily-funded, hardware-first bet can deliver the first “must-have AI consumer product” now becomes the key question for investors and rivals alike.

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