💨 Abstract

Physical Intelligence, a startup focused on creating universal robot software, has secured $400 million in funding from investors including Jeff Bezos, OpenAI, and Lux Capital. The startup aims to eliminate the need for specific software for each robot task. AI and cloud investments are projected to reach $79.2 billion by 2024, and other companies like Tesla are also developing humanoid robots.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖