Bezos Targets $38 Billion Valuation for Physical AI Lab

Robotics startup Physical Intelligence is reportedly in talks on a $1 billion funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Uber is teaming with autonomous mobility companies Pony.ai and Verne to launch Europe’s first commercial robotaxi service. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Physical artificial intelligence and vertical AI startups are drawing investor attention as venture funding flows toward companies building systems designed either to operate in the physical world or automate specialized industry workflows. Get the Full Story Complete the form to unlock this article and enjoy...

When Elon Musk posted that Tesla’s Optimus robots could one day reach artificial general intelligence, the comment drew the usual mix of skepticism and excitement. But strip away the noise, and the underlying thesis is worth taking seriously: that machines that perceive, reason and act...