Overview
San Francisco-based Physical Intelligence is in discussions to raise around $1 billion in funding, potentially increasing its valuation to over $11 billion. The funding round is expected to involve major investors like Founders Fund and Lightspeed Venture Partners, along with existing backers Thrive Capital and Lux Capital. The company focuses on developing general-purpose AI models for robots, with its flagship product, π0, designed to perform various tasks through natural-language commands.
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Recent Deals
$1000M
Investors: Founders Fund, Lightspeed Venture Partners, Thrive Capital, Lux Capital
San Francisco-based Physical Intelligence is in discussions to raise around $1 billion in funding, potentially increasing its valuation to over $11 billion. The funding round is expected to involve major investors like Founders Fund and Lightspeed Venture Partners, along with existing backers Thrive Capital and Lux Capital. The company focuses on developing general-purpose AI models for robots, with its flagship product, π0, designed to perform various tasks through natural-language commands.
Investors: Jeff Bezos
Robotics software startup Physical Intelligence has secured $600 million in funding, raising its valuation to $5.6 billion. The company focuses on enhancing AI capabilities in robotics, addressing the need for smarter robotic systems. Notably, the funding includes backing from Jeff Bezos.