# 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) — retained record

> Retained news record from news:mts-verification:bloomberg.com.

Canonical: https://highsignal.app/data/records/9b30827d28a7e69b

[← sources](https://highsignal.app/data)


source: [news](https://highsignal.app/data/news) (news:mts-verification:bloomberg.com)  published 2026-10-28 07:04 ingested 2026-10-28 07:04

[NVIDIA Corporation](https://highsignal.app/entities/NVDA)[original source ↗](https://www.bloomberg.com/news/articles/2026-10-27/robotics-lab-physical-intelligence-in-talks-for-a-20-billion-valuation)

## retained text



```
Techmeme permalink: https://www.techmeme.com/261027/p29#a261027p29

<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>
```



document fetched 2026-10-29 02:32 · canonical https://bloomberg.com/news/articles/2026-10-27/robotics-lab-physical-intelligence-in-talks-for-a-20-billion-valuation