Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation

Physical Intelligence, a robot startup based successful San Francisco, has raised $400 cardinal astatine a $2.4 cardinal post-money valuation, the institution confirmed Monday to CNBC.

Investors included Amazon laminitis Jeff Bezos, OpenAI, Thrive Capital and Lux Capital, a Physical Intelligence spokesperson said. Khosla Ventures and Sequoia Capital are besides listed arsenic investors connected the company's website.

Physical Intelligence's caller valuation is astir six times that of its March effect round, which reportedly came successful astatine $70 cardinal with a $400 cardinal valuation. Its existent roster of employees includes alumni of Tesla, Google DeepMind and X.

The startup focuses connected "bringing general-purpose AI into the carnal world," per its website, and it aims to bash this by processing large-scale AI models and algorithms to powerfulness robots. The startup spent the past 8 months processing a "general-purpose" AI exemplary for robots, the institution wrote in a blog post. Physical Intelligence hopes that exemplary volition beryllium the archetypal measurement toward its eventual extremity of processing artificial wide intelligence. AGI is simply a word utilized to picture AI exertion that equals oregon surpasses quality intellect connected a wide scope of tasks.

The quality comes days aft OpenAI launched a hunt feature wrong ChatGPT, its viral chatbot, that positions the AI startup to amended vie with hunt engines like Google, Microsoft's Bing and Perplexity. Last month, OpenAI besides closed its latest backing round at a valuation of $157 billion.

Physical Intelligence's imaginativeness is that 1 time users tin "simply inquire robots to execute immoderate task they want, conscionable similar they tin inquire ample connection models (LLMs) and chatbot assistants," the startup wrote successful the blog post. In lawsuit studies, Physical Intelligence details however its tech could let a robot to bash laundry, autobus tables oregon assemble a box.

WATCH: AI's Open-Source Future