RoboticsBloomberg2h ago

AI robotics startup Physical Intelligence is in talks

Sources: AI robotics startup Physical Intelligence is in talks to raise $1B+ led by Avenir and Lux Capital at a ~$20B valuation, up from $11.5B earlier in 2026

Physical Intelligence, a startup developing artificial intelligence software to power robots for real-world tasks …

Read full article

Source: Bloomberg · Opens in new tab