Robotics startup Physical Intelligence has secured $400 million in funding, valuing the company at $2.4 billion. Backed by investors including Jeff Bezos and OpenAI, the startup aims to bring "general-purpose AI into the physical world" through its development of versatile robots powered by advanced AI models. The company's technology enables robots to perform everyday tasks such as doing laundry or assembling boxes, with a long-term goal of achieving artificial general intelligence (AGI).

Source: https://www.wionews.com/business-economy/jeff-bezos-openai-back-robot-startup-physical-intelligence-at-24-billion-valuation-773356