Hark, an AI Hardware Startup from Figure AI’s CEO, Raises $700M Hark, the new AI hardware venture from Figure AI and Archer founder Brett Adcock, has leapt from near-stealth to the top tier of AI bets, raising hundreds of millions of dollars before publicly revealing a concrete product.

Founded in late 2025 with $100 million of Adcock’s own money, Hark set out to build an agentic “personal AI platform” that pairs in-house foundation models, software, and dedicated hardware, rather than choosing a single layer of the stack. The goal is a universal interface to the digital world that can interact naturally with people and the physical environment, not just through text chat.

Hark emerged from stealth roughly two months before its funding announcement, positioning itself against giants like OpenAI, Apple, Google, and Meta in the race to define consumer AI hardware. By March, the company was promising its first multimodal models this summer, to be followed by hardware devices purpose‑built for those systems.

On May 21, Hark disclosed a $700 million Series A round that values the San Jose–based lab at $6 billion, catapulting it into the “upper tier of AI-hardware bets before it has shipped a product.” Parkway Venture Capital led the raise, joined by a “Who’s Who” of chip and cloud players including Nvidia, AMD Ventures, Intel Capital, Qualcomm Ventures, Salesforce Ventures, and others.

Adcock framed the vision as building “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.” Design lead and former Apple executive Abidur Chowdhury argued that most current AI tools target software developers, saying he hasn’t “seen anything that feels like something that will really help like the normal person.”

Analysts note Hark is entering a “small, expensive, and littered with failures” category, citing cautionary tales like Humane’s AI Pin, yet investors’ enthusiasm suggests a belief that a tightly integrated chip‑plus‑model stack might finally deliver a must‑have consumer AI device.

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