Bloomberg Technology | AI Robotics Lab in Talks to Raise $1 Billion at $11 Billion Valuation by Natasha Mascarenhas, Rebecca Torrence, Shirin GhaffaryPhysical Intelligence, a two-year-old robotics startup founded by AI academics and former Google DeepMind researchers, is discussing a new funding round of about $1 billion that would bring the company’s valuation to more than $11 billion including dollars raised, according to people familiar with the matter.Read more: https://www.bloomberg.com/news/articles/2026-03-27/ex-deepmind-staffers-robotics-startup-in-talks-for-11-billion-valuation#airoboticslab #physicalintelligence #google #deepmind