Nvidia-Backed Generalist AI Hits $2 Billion Valuation After $400 Million Funding Round
By
Luka Berger
Pure flour-power. Hearty enough to carry you through lunch.
Summary
Robotics startup Generalist AI has reached a $2 billion valuation after closing a $400 million funding round backed by Nvidia's NVentures, Jeff Bezos, and AI pioneer Fei-Fei Li. The round was led by Radical Ventures with participation from 8VC, Union Square Ventures, Hanabi Capital, and Norwest. The company is building foundation models designed for general-purpose robotic intelligence, betting that general brain architectures will outperform hardware-specific approaches in the robotics industry.
Key quotes
· 3 pulledThe round was led by Radical Ventures with participation from 8VC, Union Square Ventures, Hanabi Capital, and Norwest.
Zoom CEO Eric Yuan, Xiaomi co-founder Bin Lin, and entrepreneur Naval Ravikant also joined as angel investors, according to the company.
Generalist is building foundation models designed for general-purpose robotic intelligence.
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