Physical Intelligence is reportedly in talks to raise $1 billion, again
By Connie Loizos
Published on March 27, 2026.
San Francisco robotics startup, Physical Intelligence, is reportedly in discussions to raise about $1 billion in new funding at a valuation exceeding $11 billion. The deal would effectively double the company's $5.6 billion valuation in just four months. The company is currently working to develop general-purpose AI models that can power robots. However, co-founder Lachy Groom stated that the company has no timeline for commercialization.
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