Financial disclosures or statements from Jeff Bezos or Physical Intelligence

Jeff Bezos Invests in Physical Intelligence, a $400 Million AI Startup for Home Robotics, Backed by OpenAI

Nov 14, 2024, 08:32 PM

Jeff Bezos has invested in Physical Intelligence, a startup focused on developing artificial intelligence-driven robots capable of performing household chores, such as folding laundry. The company has secured $400 million in funding and is working towards creating a master algorithm for robot control. Physical Intelligence is recognized as a significant player in the burgeoning field of home robotics, with backing from notable investors including OpenAI. The startup aims to revolutionize the interaction between AI and the physical world, marking a pivotal shift in technology that extends beyond traditional computing.