News linked to both this project and an event.
According to TechCrunch, robotics startup Generalist has secured nearly $200 million in follow-on funding led by 8VC, establishing a post-money valuation of approximately $3 billion. This capital extends its $400 million Series B round led by Radical Ventures in June, bringing the total for that round to $600 million. Founded in 2024, Generalist's founding team comprises former Google DeepMind researchers Pete Florence and Andy Zeng, alongside former Boston Dynamics engineer Andrew Barry. The company is developing AI foundation models compatible with a wide range of robots; its latest Gen 1.5 model claims to enable robots to learn and execute new tasks through video demonstrations as brief as three to twelve seconds.
Nasdaq-listed company NewGenIVF Group Limited has announced an additional $4 million in strategic funding for AI-native live streaming prediction platform K25.ai. Combined with its previous investment, the company's total investment in the project has increased to $6 million. The implied valuation of K25.ai post this funding round is $100 million. Following the completion of this strategic partnership, K25.ai founder and CEO Andy Cheung, along with two co-founders, will join the NewGenIVF board of directors. It is understood that the new funds will be fully utilized for platform iteration and development, accelerating the integration and commercial application of AI technology with the live streaming industry, digital assets, and prediction market businesses. (PRNewswire)
: Robotics AI startup Generalist AI has completed a new $400 million funding round, led by Radical Ventures, with participation from 8VC, Union Square Ventures, Hanabi Capital, and existing investors Nvidia and Bezos Expeditions. The company is valued at $2 billion post-investment. Founded by Pete Florence, Andy Zeng, and Andy Barry, the company focuses on leveraging cutting-edge AI technology to iterate robot models and develop intelligent robot products capable of handling complex tasks. The proceeds from this round will be used for advanced AI model research and development, as well as expanding robot application scenarios. (Bloomberg)