tech
UK AI start-up PhysicsX hits $2.4bn valuation following Temasek-led deal
London-based group raises $300mn to become one of the UK’s most valuable AI groups
TL;DR
- PhysicsX, a London-based AI group, has raised $300 million.
- The company's valuation has reached $2.4 billion.
- The funding round was led by Temasek.
- This makes PhysicsX one of the UK's most valuable AI groups.