Physical Intelligence explores funding at roughly $20 billion valuation

First reported by Quartz at · Updated · 9 sources

The startup develops AI software that enables robots to perform real-world tasks. The proposed valuation would nearly double its previous value, according to Bloomberg. Quartz reports that Physical Intelligence is seeking at least $1 billion, with existing investors Avenir and Lux Capital discussing whether to lead the funding round.

Covered by 9 publishers within 7 hours of the first report.

Reporting9

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