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Story

Robotics and physical AI firms raise ~$48B year to date

AI summary

PitchBook data reported by the Financial Times shows robotics and "physical AI" companies have raised roughly $48 billion so far this year. To fill a gap in robotics training material, developers are putting cameras in homes, offices and factories so people completing real tasks can be recorded. The funding and data-collection activity point to sustained investment in embodied AI.

In-depth insight

Real-world data is seen as a key bottleneck for robot capability, so spending on data collection may shape how the physical AI race unfolds.

PitchBook

Original · 1 min readRead the original
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