RoboticsJun 8, 2026
Generalist AI raises $400M at a $2B valuation for general-purpose robots
Backed by NVIDIA and Bezos Expeditions, the startup from ex-DeepMind scientist Pete Florence raised $400M led by Radical Ventures to build foundation models for robots. Its GEN-1 model, trained on 500,000+ hours of real-world data, claims dexterous tasks at 99% reliability and up to 3× past speeds.
Why it matters: Money is flooding into “physical AI” on a bet that the next foundation-model race is won in the real world, not the chat box.