Physical Intelligence Eyes $1B Round at $11B+ Valuation
The two-year-old robotics AI startup is in talks for a massive funding round that would value it north of $11 billion.
Physical Intelligence, the robotics-focused AI startup, is in discussions to raise roughly $1 billion in a new funding round. The deal would peg the company's valuation at over $11 billion.
That's a staggering number for a company that's only two years old. Physical Intelligence was founded by AI academics and former Google DeepMind researchers, and it's building AI models designed specifically for robotics applications.
The round signals continued investor appetite for companies sitting at the intersection of AI and physical-world automation. Robotics AI has become one of the hottest sectors in tech, and Physical Intelligence appears to be one of the biggest bets in the space.
Details on which investors are participating haven't been disclosed. But a billion-dollar raise at this stage puts Physical Intelligence in rare company among robotics startups.