Nov 5, 07:20 AM

Physical Intelligence Raises $400M, Valued at $2.4B with Backing from Bezos, OpenAI, Thrive and Lux, Following $70M Round

Physical Intelligence, a robotics startup focused on developing foundational software for robots, has successfully raised $400 million in early-stage funding, achieving a valuation of $2.4 billion. The funding round was supported by prominent investors including Jeff Bezos, OpenAI, and venture capital firms Thrive Capital and Lux Capital. This investment aims to advance the company's efforts in integrating general-purpose artificial intelligence into robotics, enabling robots to perform real-world tasks more effectively. The latest funding follows an earlier round in which the startup raised $70 million just eight months ago, highlighting its rapid growth and the increasing interest in robotics and AI technologies.

#Physical Intelligence #Jeff Bezos #OpenAI #Thrive Capital #Lux Capital

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Physical Intelligence Raises $400M, Valued at $2.4B with Backing from Bezos, OpenAI, Thrive and Lux, Following $70M Round

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