AI startup Physical Intelligence raised $400 million in latest funding round

Written by Joseph Nordqvist

Published: 18:10, November 4, 2024

San Francisco-based AI robotics startup Physical Intelligence has raised $400 million in its latest funding round.

So, what’s the appeal? Investors see potential in the startup’s aim to create a new type of robot intelligence.

According to the startup’s website: “Physical Intelligence is bringing general-purpose AI into the physical world. We are a group of engineers, scientists, roboticists, and company builders developing foundation models and learning algorithms to power the robots of today and the physically-actuated devices of the future.”

Most robots we see today are designed for specific, repetitive tasks. This makes it hard for them to work in changing or complicated environments. Traditional robots require a lot of programming for each job, limiting their ability to adapt. Physical Intelligence aims to change that by creating a flexible “robot brain” known as π0. This brain can learn from different robots doing various tasks. Just like language models that learn from a wide range of examples, π0 can quickly adjust to new jobs with very little extra information.

On the startup’s website, you can see the robot performing tasks such as folding laundry, assembling a box, and even bus a table. Embedded below is a post by the startup showcasing the robot:

The funding round attracted the likes of Amazon’s Jeff Bezos and investors like Thrive Capital, Lux Capital, and OpenAI. The round valued Physical Intelligence at $2 billion.

Karol Hausman, the founder of the company, describes the technology as a single generalist brain that can control any robot. The idea is ambitious but has great potential by allowing robots to respond and adapt to their surroundings even when things change.

Hausman and his team aim for more than just basic tasks. They want to create robots that can do jobs requiring skill and decision-making.

It’s not surprising that investors are interested in the company. Physical Intelligence has the potential to improve efficiency and productivity in robotics, which could change how businesses work. With this technology, we may soon see robots that can do more than just simple factory work; they could help at home or work alongside people in offices, warehouses, and more.


Additional reading: Physical Intelligence – A Vision-Language-Action Flow Model for General Robot Control [PDF]

Joseph Nordqvist Avatar

Other News

Chipmaking expertise crosses borders through suppliers, engineers and investment

Oct 22, 2026

Employer pay differences reach beyond wages into household spending

Oct 22, 2026

Late-payment problems rise among UK firms that offer customer credit

Oct 22, 2026

Repair firms trail recyclers on margins in South Korean study

Oct 22, 2026

Personalized grocery prices could help most shoppers while costing others more

Oct 22, 2026

Board diversity is linked to faster drug recalls, research finds

Oct 22, 2026

Young audiences favor new actors over influencers in UCLA survey

Oct 22, 2026

Added-sugar labels can change which foods shoppers buy

Oct 22, 2026

Stanford’s thermal-noise research advances low-power wireless sensing

Oct 21, 2026

Connected-car security risks increasingly sit in apps and cloud services

Oct 21, 2026

A freelancer’s financial guarantee can make a bid less attractive

Oct 21, 2026

A housing slump can change store shelves far beyond the downturn

Oct 21, 2026

Europe’s cheaper solar imports bring a manufacturing trade-off

Oct 20, 2026

Annual price reviews lose ground in regional Fed survey

Oct 20, 2026

Europe’s startup funding gap grows after the early rounds

Oct 20, 2026

Business data sharing has a funding problem beyond the technology

Oct 20, 2026

Why strong headline earnings growth needs a closer look

Oct 19, 2026

Why a supply-chain backup plan can fail when disruption strikes

Oct 19, 2026

Streaming customers are canceling and returning, changing the meaning of loyalty

Oct 19, 2026

Why falling consumer confidence is not a sales forecast

Oct 19, 2026