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Physical Intelligence in talks for at least $1 billion in new funding at a valuation of up to $20 billion

US robotics AI company Physical Intelligence is in talks for a new funding round of at least $1 billion, with a post-money valuation expected at about $20 billion, a sharp rise from its $5.6 billion valuation last November. The company has no commercial revenue to date and has not mass-produced its own robots; its core focus is general-purpose robot foundation models that adapt to third-party hardware. It has iterated from π0 to π0.7 and this month launched a beta API for its robot foundation model, offering model fine-tuning and inference services.

Part of the event: Physical Intelligence in Talks for at Least $1 Billion in New Funding

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