Physical Intelligence reportedly seeks $1B at $11B valuation, doubling worth in 4 months despite no product or revenue timeline. Founders Fund joining cap table with Bezos, CapitalG, OpenAI. Part of broader pattern: Skild AI ($14B), Figure ($39B) show physical AI sector absorbing record capital faster than commercialization.

Physical Intelligence Seeks $1B at $11B Valuation
Physical Intelligence reportedly in talks to raise $1 billion at $11 billion valuation, doubling in four months. Founders Fund, Bezos, CapitalG lead the cap table. No product, no revenue, no timeline. The deal reflects a physical AI sector absorbing capital at record pace.