Physical Intelligence in talks at a $20bn valuation, Bloomberg reports
Physical Intelligence, which develops AI software enabling robots to perform real-world tasks, is in advanced funding discussions that could value the company at approximately $20 billion. The anticipated funding round would raise at least $1 billion, nearly doubling the company's previous valuation. This represents significant investor confidence in the robotics AI sector.
Key points
- Physical Intelligence in talks for funding round at ~$20bn valuation
- Round expected to raise at least $1bn
- Company builds AI software for autonomous robot task handling
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