Rohan Paul
@rohanpaul_ai
Bloomberg: Physical Intelligence is in talks to raise at least $1B at roughly $20B, nearly double the $11.5B valuation from its earlier 2026 round.
Its valuation has climbed from $2.4B in November 2024 to $5.6B in November 2025, and the new round would roughly quadruple that figure in under a year.
The latest jump followed the October 13 Pi API beta, which gives outside developers hosted fine-tuning and inference on the company’s latest robot models through a waitlist.
