Physical Intelligence in talks to raise $1B+ at roughly $20B valuation, Bloomberg reports
rohanpaul_ai · x · 2026-10-28
Bloomberg reports robotics lab Physical Intelligence is in talks to raise at least $1B at a roughly $20B valuation, nearly double the $11.5B from its previous 2026 round.
- Valuation trajectory: $2.4B (Nov 2024) → $5.6B (Nov 2025) → roughly 4x jump in under a year if the round closes.
- The latest leap followed the Oct 13 Pi API beta, offering outside developers hosted fine-tuning and inference on its robot models via waitlist.
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