Brett Adcock's AI hardware company, Hark, has secured $700 million in funding, achieving a valuation of $6 billion.

      Two months after emerging from stealth mode, the founder of Figure and Archer has both a chip-and-model stack and a matching-sized investment. Hark, the AI hardware firm that Brett Adcock started funding from his personal savings late last year, has secured over $700 million in a Series A round, which values the company at $6 billion, as reported by Bloomberg.

      This funding round concluded approximately two months after Hark's stealth debut and positions the company among the top players in AI hardware investments, even before delivering a product. Parkway Venture Capital spearheaded the round, and the list of investors reads like a who's who in the chip and cloud sectors, including Nvidia, AMD Ventures, Intel Capital, and Qualcomm Ventures, in addition to Salesforce Ventures, Brookfield, ARK Invest, Greycroft, Prime Movers Lab, Align Ventures, and Tamarack Global. Several of these investors have interests on multiple sides of the AI hardware debate, which is part of the strategy.

      Adcock established Hark in late 2025 with $100 million of his own funding after founding companies that are either now public, acquired, or among the better-capitalized private businesses in their fields. He co-founded the recruiting platform Vettery, which was sold to Adecco for $100 million; founded electric aircraft manufacturer Archer Aviation, which went public through a SPAC in 2021; established humanoid robotics firm Figure, where he continues as CEO; and founded the school-security company Cover. He also serves as the principal at Hark.

      However, what Hark is precisely developing is less clear than the amount it has raised. The company has described itself as creating a “personal AI platform” that integrates in-house foundation models, software, and native hardware with new interfaces, rather than focusing on a specific layer of the technology stack. According to a BusinessWire announcement from March, Hark aims to launch its first multi-modal models this summer.

      The field that Hark is entering is small, costly, and marked by numerous failures. Humane's AI Pin has become the most notable warning story of 2024, with the Rabbit R1 following closely. Even Apple, which has an unmatched hardware distribution system, has spent the last year trying to determine what its on-device AI offering should ideally be.

      Adcock’s advantage is that he has previously shipped hardware at both Archer and Figure, and that starting with a full integration of models and silicon is the bet most likely to lead to a robust product. However, Hark has yet to reveal specifics such as headcount, hardware design, target pricing, launch market, or customer pipeline. The Series A funding grants them additional time to keep these details unclear for a while longer.

      With Nvidia and AMD involved, Hark will likely be able to navigate supply allocation, a common constraint for AI hardware firms in 2026, more comfortably than many competitors. However, this round does not ensure product-market fit. Hark enters a space where numerous well-funded and qualified teams have launched, stumbled, and quietly pulled back. According to the company’s own timeline, the first models are a few weeks away, but the device that will transform those models into a viable business is still further down the road.