AI startup Physical Intelligence, backed by Jeff Bezos, raises $400 million to develop adaptable robots.

Physical Intelligence, an AI startup backed by Jeff Bezos, has raised $400 million to develop adaptable robots capable of performing tasks like folding laundry and clearing tables. The funding, led by Bezos along with Lux Capital and Thrive Capital, gives the company a pre-money valuation of $2 billion. The startup aims to create a general-purpose AI model, named pi-zero, to enhance robots' capabilities in various physical environments.

November 04, 2024
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