Official announcements from Physical Intelligence or credible financial news outlets

Physical Intelligence Raises $400 Million from Bezos and OpenAI, Aiming for $2 Billion Valuation

Nov 4, 2024, 05:44 PM

Physical Intelligence, a robotics startup specializing in artificial intelligence, has secured $400 million in funding to advance its innovative projects. The investment round was led by notable figures including Jeff Bezos, Thrive Capital, and OpenAI, and values the company at $2 billion. This funding aims to develop AI systems capable of creating brains for various robotic applications, including household robots. The significant financial backing underscores the growing interest and commitment from major tech players in the field of robotics and AI integration.