OpenAI CEO Sam Altman attends the 54th Annual Meeting of the World Economic Forum (L) in Davos, Switzerland, January 18, 2024, and Amazon CEO Jeff Bezos attends the United Nations Climate Change Conference (COP26) in Glasgow, Scotland. Speech delivered on November 2, 2021 in the United Kingdom.
Reuters
San Francisco-based robotics startup Physical Intelligence confirmed to CNBC on Monday that it has raised $400 million in funding, valuing it at $2.4 billion post-money.
including investors Amazon Founder Jeff Bezos, OpenAI, Thrive Capital and Lux ​​Capital, a spokesperson for Physical Intelligence said. Bond Capital said it also made an investment. Khosla Ventures and Sequoia Capital are also listed as investors on the company’s website.
Physical Intelligence’s new valuation is about six times its March seed round, which reportedly valued the company at $70 million at $400 million. Its current staff list includes alumni Tesla, Google DeepMind and X.
According to its website, the startup is focused on “bringing general artificial intelligence into the physical world,” and it aims to do so by developing large-scale AI models and algorithms to power robots. The startup has spent the past eight months developing a “general-purpose” artificial intelligence model for robots, the company writes in the book a blog post. Physical Intelligence hopes the model will be a first step toward its ultimate goal of developing general artificial intelligence. AGI is a term used to describe artificial intelligence technology that equals or exceeds human intelligence on a wide range of tasks.
News came a few days later OpenAI launches search function In its viral chatbot ChatGPT, the AI ​​startup is able to better communicate with search engines such as Google, MicrosoftBing and confused. last month, OpenAI also closed its latest round of financing The valuation is US$157 billion.
Physical Intelligence’s vision is for a day when users can “simply ask a bot to perform any task they want, just like they can ask large language models (LLMs) and chatbot assistants,” the startup wrote in a blog post. In case studies, Physical Intelligence details how its technology allows robots to do laundry, set up bus tables or assemble boxes.
