tech
Valor, Point72 Back General Intuition at $6B Valuation as AI Startup Pushes Into Robotics
General Intuition, the startup building a foundation model that trains generalized AI agents how to move through space and time, is in talks to raise at a $6 billion pre-money valuation from new investors including Valor Ventures, Point72 Ventures, and Seven Seven Six.
TL;DR
- General Intuition is in talks to raise funding at a $6 billion pre-money valuation.
- New investors include Valor Equity Partners, Point72 Ventures, and Seven Seven Six.
- Existing investors Khosla Ventures and General Catalyst are also participating.
- The funds will be used to improve the general model with a focus on robotic embodiments.
- Investment will increase in compute infrastructure and talent hiring.
- The startup previously raised $320 million at a $2.3 billion valuation weeks prior.
- General Intuition was spun out from Medal, using gameplay data for training.
- Valor Equity Partners, known for backing SpaceX, would make its first AI lab investment since then.