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Market
Will Physical Intelligence secure $100M+ funding by mid-2025?
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Official press releases or credible financial news sources
Story
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.
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Similar markets
Less than $200 million • 25%
$200 million to $500 million • 25%
$500 million to $1 billion • 25%
More than $1 billion • 25%
Household robots • 25%
Industrial robotics • 25%
Healthcare robotics • 25%
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