Physical Intelligence Raises $600M at $5.6B Valuation

Our portfolio company Physical Intelligence has raised $600 million at a $5.6 billion valuation. The round was led by CapitalG, with participation from Lux Capital, Thrive Capital, Jeff Bezos, Index Ventures, and T. Rowe Price.

Physical Intelligence is developing foundation models for robotics. Their flagship model, pi0, can fold laundry, bus tables, bag groceries, assemble boxes, and dozens of other physical tasks without task-specific programming. The latest version, pi0.6, is already deployed commercially at a San Francisco laundromat. Their work sits at the intersection of large-scale AI and real-world manipulation, an area we've believed in since our initial investment.

Read the full Bloomberg coverage.