Physical Intelligence, a San Francisco-based startup, has successfully raised $400 million in funding at a post-money valuation of $2.4 billion.
The funding round attracted high-profile investors, including Jeff Bezos, OpenAI, Thrive Capital, Lux Capital, and Bond Capital.
The startup aims to integrate general-purpose AI into the physical world, with the goal of developing sophisticated models and algorithms to enhance robotic capabilities.
This funding marks a significant increase in valuation for Physical Intelligence since its seed round in March.
The company envisions a future where robots can perform a wide range of tasks autonomously, potentially revolutionizing industries such as hospitality, manufacturing, and domestic services.
The funding announcement comes at a time when AI and robotics are converging to create innovative solutions.
The integration of AI into physical tasks has the potential to reshape labor dynamics and operational efficiencies.
With a team comprising alumni from leading tech companies, Physical Intelligence is well-positioned to bring general-purpose AI to the forefront of robotics.