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Robotics AI startup Physical Intelligence seeks $20 billion valuation

Original: Robotics AI startup Physical Intelligence is seeking a valuation of about $20 billion

Physical Intelligence, a robotics AI startup, is seeking a valuation of about $20 billion in its latest funding round, according to Quartz. The company develops foundation models aimed at giving robots general-purpose intelligence. The reported figure would place it among the most highly valued private AI companies, and the fundraising is drawing attention amid intense investor interest in robotics and AI startups.

Why now: Investor interest in AI and robotics is surging, and a potential $20 billion valuation marks Physical Intelligence as one of the sector's most valuable private startups.

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