The startup is bringing general-purpose AI into the physical world by developing foundational software for robots.
Physical Intelligence is trying to make a software that would work on any robot - removing the need to create software for each specific task.
The company also recently created a foundational model called π0 (pi-zero). This enables robots to take on various tasks based on simple text commands, similar to LLMs in chatbots.
Based on π0, robots can complete tasks such as sorting trash and folding clothes. These developments by Physical Intelligence help robotics become more responsive in real-time scenarios that require more nuance.
Investors in the round included entrepreneur and Amazon chairman Jeff Bezos and AI corporation OpenAI. Other backers included venture capital firms like Thrive Capital and Lux Capital.