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Generalist AI

Generalist AI raises $400 million to scale robot intelligence platform

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Generalist AI, a startup developing foundation models for robotics, has raised $400 million in new funding as it seeks to accelerate the development of what it calls “physical AGI” – artificial general intelligence capable of operating in the physical world through robots.

The funding round values the company at approximately $2 billion and brings its total capital raised to more than $500 million.

The round was led by Radical Ventures, with participation from 8VC, Union Square Ventures, Hanabi Capital and Norwest. Existing investors including Nvidia’s NVentures, Boldstart Ventures, Spark Capital, Bezos Expeditions and NFDG also participated. [Read more…] about Generalist AI raises $400 million to scale robot intelligence platform

Generalist AI unveils GEN-1 model, claiming breakthrough in real-world robotic task performance

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Generalist AI has introduced a new robotics model, GEN-1, which the company says marks a significant step toward general-purpose artificial intelligence for physical tasks.

The model is designed as an “embodied foundation model” – a type of AI system that can perceive, reason and act in the physical world – and is trained on large-scale datasets of real-world interactions rather than narrow, task-specific programming.

According to the company, GEN-1 achieves “99 percent success rates” on certain tasks, compared with around 64 percent for its previous-generation system, while completing tasks up to three times faster. The system is also described as highly data-efficient, requiring roughly one hour of robot-specific data to adapt to new tasks. [Read more…] about Generalist AI unveils GEN-1 model, claiming breakthrough in real-world robotic task performance