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
