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Is Physical Intelligence in talks to raise about $1B at a ~$20B valuation?

ReportedLast checked
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Verdict

Reported. Bloomberg, via Investing.com, says Physical Intelligence is in early talks to raise at least about $1 billion at a valuation around $20 billion, with existing investors Lux Capital and Avenir discussing leading the round. The company has not confirmed terms.

Evidence timeline · 1 source · newest first
  1. Reported

    Investing.com recounts Bloomberg: Physical Intelligence in early talks to raise at least ~$1B at ~$20B valuation; Lux Capital and Avenir said to be discussing leading the round.

    Source: Investing.com
Quick answers
Has Physical Intelligence ~$1B raise at ~$20B confirmed it?
No. Neither Physical Intelligence ~$1B raise at ~$20B nor Physical Intelligence has confirmed it as of Oct 28.
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Confirmed by the company or another official source.
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Denied by the company, retracted by the original source, or shown to be false by the evidence.

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