--- title: Physical Intelligence in talks at a $20bn valuation,... description: Physical Intelligence is in talks to raise funding at about a $20bn valuation, Bloomberg reported, citing people familiar with the matter. The round would... canonical: https://daily.dev/posts/physical-intelligence-in-talks-at-a-20bn-valuation-bloomberg-reports-ze9tz5jpr twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Physical Intelligence in talks at a $20bn valuation, Bloomberg reports | daily.dev og:description: Physical Intelligence is in talks to raise funding at about a $20bn valuation, Bloomberg reported, citing people familiar with the matter. The round would... og:url: https://daily.dev/posts/physical-intelligence-in-talks-at-a-20bn-valuation-bloomberg-reports-ze9tz5jpr og:image: https://api.daily.dev/og/posts/ZE9tZ5JpR.png og:image:alt: Physical Intelligence in talks at a $20bn valuation, Bloomberg reports og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Physical Intelligence in talks at a $20bn valuation, Bloomberg reports **[The Next Web](https://daily.dev/sources/tnw)** · 2 min read · 0 upvotes · 0 comments ## Summary Physical Intelligence is in talks to raise funding at about a $20bn valuation, Bloomberg reported, citing people familiar with the matter. The round would raise at least $1bn, nearly doubling its $11.5bn valuation from earlier this year. Existing backers Avenir and Lux Capital are reportedly in talks to lead it. The company builds AI software for robots and still has no revenue. On 13 October it opened its latest models to outside developers through a beta API, letting them upload data, fine-tune models and run them on their own robots. Rival Skild AI was valued at $14bn in January and says its annual run-rate revenue passed $100M in September. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### What valuation is Physical Intelligence reportedly raising money at? Physical Intelligence is in talks to raise funding at a valuation of about $20bn, according to Bloomberg reporting citing people familiar with the matter. The round would raise at least $1bn and nearly double the company's prior $11.5bn valuation from earlier the same year. Existing backers Avenir and Lux Capital are reportedly in talks to lead the round, and the company does not yet have revenue. _Developers tracking robotics AI funding trends follow deals like this one on daily.dev._ ### Can outside developers use Physical Intelligence's robotics AI models? Yes, Physical Intelligence opened its latest models to outside developers through a beta API on 13 October. Developers can upload their own data, fine-tune the models, and run them on their own robots. The beta launch reportedly increased investor interest in the company's funding round. _Engineers evaluating robotics AI platforms compare beta access and tooling details on daily.dev._ ## Similar posts on daily.dev - [Physical Intelligence, Stripe veteran Lachy Groom’s latest bet, is building Silicon Valley’s buzziest robot brains](https://daily.dev/posts/physical-intelligence-stripe-veteran-lachy-groom-s-latest-bet-is-building-silicon-valley-s-buzzies-5u3cz3drs) · TechCrunch · 1 upvotes · 0 comments - [Robot software startup FieldAI is set to raise $700M at a $10B valuation](https://daily.dev/posts/robot-software-startup-fieldai-is-set-to-raise-700m-at-a-10b-valuation-l8ujkwngm) · The Next Web · 1 upvotes · 0 comments - [SoftBank and Nvidia reportedly in talks to fund SkildAI at $14B, nearly tripling its value](https://daily.dev/posts/softbank-and-nvidia-reportedly-in-talks-to-fund-skildai-at-14b-nearly-tripling-its-value-ngyxu2nk6) · TechCrunch · 0 upvotes · 0 comments --- Tags: [#openai](https://daily.dev/tags/openai), [#robotics](https://daily.dev/tags/robotics) [View this post on daily.dev](https://daily.dev/posts/physical-intelligence-in-talks-at-a-20bn-valuation-bloomberg-reports-ze9tz5jpr) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Physical Intelligence in talks at a $20bn valuation, Bloomberg reports","url":"https://daily.dev/posts/physical-intelligence-in-talks-at-a-20bn-valuation-bloomberg-reports-ze9tz5jpr","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/physical-intelligence-in-talks-at-a-20bn-valuation-bloomberg-reports-ze9tz5jpr"},"datePublished":"2026-10-28T17:03:55.562Z","dateModified":"2026-10-28T17:40:13.700Z","description":"Physical Intelligence is in talks to raise funding at about a $20bn valuation, Bloomberg reported, citing people familiar with the matter. 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The round would raise at least $1bn and nearly double the company's prior $11.5bn valuation from earlier the same year. Existing backers Avenir and Lux Capital are reportedly in talks to lead the round, and the company does not yet have revenue. Developers tracking robotics AI funding trends follow deals like this one on daily.dev."}},{"@type":"Question","name":"Can outside developers use Physical Intelligence's robotics AI models?","acceptedAnswer":{"@type":"Answer","text":"Yes, Physical Intelligence opened its latest models to outside developers through a beta API on 13 October. Developers can upload their own data, fine-tune the models, and run them on their own robots. The beta launch reportedly increased investor interest in the company's funding round. Engineers evaluating robotics AI platforms compare beta access and tooling details on daily.dev."}}]} ```