Nvidia-Backed Robotics Startup Generalist AI Raises $400M, Hits $2B Valuation
Summary
Nvidia-backed robotics startup Generalist AI raises $400 million in a new funding round led by Radical Ventures, catapulting the company to a $2 billion valuation as it pushes to build advanced AI models that enable robots to tackle increasingly complex real-world tasks.
Key Points
- Generalist AI, a robotics startup backed by Nvidia, raises $400 million in a new funding round led by Radical Ventures, valuing the company at $2 billion.
- The round sees participation from venture firms including 8VC, Union Square Ventures, Norwest, and Hanabi Capital, alongside existing investors Nvidia and Bezos Expeditions.
- Founded by Pete Florence, Andy Zeng, and Andy Barry, Generalist AI is developing advanced AI models to enable robots to handle increasingly complex tasks.