CapitalG leads a Series B investment in Physical Intelligence, focusing on integrating AI into the physical labor sector to enhance productivity and versatility.
Target Company Overview
CapitalG is proud to announce its lead investment in the Series B funding round for Physical Intelligence. This innovative company, spearheaded by industry leaders such as Karol Hausman, Lachy Groom, Sergey Levine, Brian Ichter, Chelsea Finn, Adnan Esmail, and Quan Vuong, is at the forefront of integrating artificial intelligence into the physical world.
Physical Intelligence is addressing a critical gap in the application of AI technology. While much of the current AI discourse focuses on software-based automation, the bulk of human effort and economic value continues to be dedicated to physical tasks such as manufacturing, logistics, and home management. The need for versatile machinery that can adapt to the complexities of real-world scenarios has never been more pressing, and Physical Intelligence is poised to lead the charge in this sector.
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Industry Overview in the United States
The United States has seen rapid advancements in AI technologies over the past decade, significantly impacting various sectors. However, the majority of physical labor, which constitutes a significant portion of the economy, remai
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in a Series B deal