Jeff Bezos Backs AI Robotics Startup Physical Intelligence at $2.4B Valuation

Physical Intelligence, a San Francisco-based robot startup, has raised $400 million at a $2.4 billion valuation, with investments from Jeff Bezos, OpenAI, and others. The company aims to integrate general-purpose AI into the physical world, developing AI models to power robots with the ultimate goal of achieving artificial general intelligence. This funding round significantly increases its valuation from its March seed round. The startup envisions robots performing tasks on command, similar to how users interact with chatbots.