RoboticsThe Next Webabout 1 hour ago
Physical Intelligence Talks at $20bn Valuation
2 min read
Robotics AI startup Physical Intelligence is in talks to raise money at a valuation of about $20bn. The round would raise at least $1bn and nearly double the company's valuation. Existing backers Avenir and Lux Capital are in talks to lead it. The company says its AI can run on robots built by other makers.
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