Physical Intelligence in talks to nearly double valuation to ~$20B with $1B+ round

dinabass · x · 2026-10-28

Per a scoop, Physical Intelligence — the startup building AI models for robotics — is in discussions to raise $1B+ in a round co-led by Avenir and Lux Capital, nearly doubling its valuation to about $20 billion.

Related event: Physical Intelligence in Talks to Raise Over $1 Billion at $20 Billion Valuation(2 posts)→

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