Sources: AI robotics startup Physical Intelligence is in talks to raise $1B+ led by Avenir and Lux Capital at a ~$20B valuation, up from $11.5B earlier in 2026 (Bloomberg)

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<a href="https://www.bloomberg.com/news/articles/2026-10-27/robotics-lab-physical-intelligence-in-talks-for-a-20-billion-valuation"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/261027/i29.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/261027/p29#a261027p29" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.bloomberg.com/">Bloomberg</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.bloomberg.com/news/articles/2026-10-27/robotics-lab-physical-intelligence-in-talks-for-a-20-billion-valuation">Sources: AI robotics startup Physical Intelligence is in talks to raise $1B+ led by Avenir and Lux Capital at a ~$20B valuation, up from $11.5B earlier in 2026</a></b></span>&nbsp; &mdash;&nbsp; Physical Intelligence, a startup developing artificial intelligence software to power robots for real-world tasks &hellip; </p>

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