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Physical Intelligence, a San Francisco-based robot startup, has successfully raised $400 million, achieving a post-money valuation of $2.4 billion. This funding round saw participation from notable investors including Jeff Bezos and OpenAI, alongside Thrive Capital and Lux Capital. The startup aims to integrate general-purpose AI into the physical world by developing advanced AI models and algorithms for robotic applications.
The recent valuation marks a significant increase from its earlier seed round, which was valued at $70 million. Physical Intelligence's vision is to enable users to command robots to perform various tasks, similar to how they interact with AI chatbots. The company is focused on creating a general-purpose AI model that could eventually lead to the development of artificial general intelligence (AGI).
• Physical Intelligence raised $400 million, reaching a $2.4 billion valuation.
• Investors include Jeff Bezos and OpenAI, focusing on AI for robotics.
General-purpose AI refers to AI systems designed to perform a wide range of tasks, similar to human capabilities.
AGI is a form of AI that can understand, learn, and apply intelligence across various domains, matching or exceeding human intelligence.
AI models are algorithms that process data to perform tasks such as recognition, prediction, or decision-making.
OpenAI is an AI research organization focused on developing and promoting friendly AI for the benefit of humanity.
Physical Intelligence develops AI technologies aimed at integrating advanced AI into robotic systems for practical applications.
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