Jeff Bezos-Backed Physical Intelligence Raises $600 Million for AI Robotics Expansion

Robotics software startup Physical Intelligence has raised $600 million in new funding, valuing the company at $5.6 billion, according to Bloomberg. The round was led by CapitalG, with participation from existing backers including Thrive Capital, Lux Capital, and Amazon founder Jeff Bezos. New investors such as Index Ventures and T. Rowe Price also joined the round.

Founded in 2024 by former Google DeepMind researchers and academics from Stanford University and UC Berkeley, Physical Intelligence is developing artificial intelligence systems that can act as the “brains” for robots. The company’s goal is to create general-purpose AI that can power any robot or physical device.

The San Francisco-based startup has begun testing its software on robotic arms performing tasks like folding clothes, assembling boxes, and making coffee. Earlier this week, it introduced a new vision model using reinforcement learning to improve task performance over time. In internal trials, the system reportedly doubled task throughput, completing each item in about three minutes.

Physical Intelligence continues to invest heavily in collecting real-world data to train its models, focusing on improving robots’ ability to adapt to varied and complex environments beyond controlled industrial settings.