Physical Intelligence, a San Francisco-based robotics startup, has secured $400 million in funding, valuing the company at $2.4 billion. The round was led by Jeff Bezos and OpenAI, with participation from other prominent investors. Physical Intelligence aims to bring "general-purpose AI into the physical world" through developing versatile robots capable of performing various tasks. This new funding will help the startup further its goal of achieving artificial general intelligence (AGI) and enabling robots to perform everyday tasks.

Source: https://www.wionews.com/business-economy/jeff-bezos-openai-back-robot-startup-physical-intelligence-at-24-billion-valuation-773356

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