General-purpose AI for physical world interaction.
Public company, workplace, funding, and market signals
Updated Aug 2, 2026
Physical Intelligence (Pi, Inc.) is a San Francisco robotics-AI research company building general-purpose foundation models and learning algorithms intended to let many robot embodiments perform many tasks. Its strategy is a model-first “robot brain” rather than manufacturing its own robot hardware.
Primary product
π0 family of vision-language-action (VLA) generalist robot policies, including π0, π0.5, π*0.6 and π0.7. The models map visual/language context to continuous robot actions and are designed for cross-embodiment generalization.
Founded
2024
Headquarters
San Francisco, California, United States
Team size
Approximately 150–200 (LinkedIn reported 181; other contemporary reporting cited about 80, so headcount is time-sensitive)
Work style
Hybrid
Industry
Artificial intelligence / robotics
27 jobs at Physical Intelligence
Sub-industry
Embodied AI, robotics foundation models, vision-language-action models, robot learning
Offices
Business model
Stage
Late-stage venture / Series B; a further 2026 round was reported as being discussed, not confirmed closed
Total raised
$1.1B
Latest round
Series B · Nov 2025
Latest amount
$600M
Reported prospective financing (not confirmed closed)
Mar 2026 · Founders Fund; Lightspeed reportedly in talks
Nov 2025 · CapitalG
Nov 2024 · Lux Capital; Thrive Capital; Jeff Bezos
Mar 2024 · Lux Capital; Thrive Capital
Leadership
Co-founder and Chief Executive Officer
Co-founder; senior robotics/research leader (public sources do not establish a current formal operating title)
Co-founder
Co-founder
Brian Ichter
Co-founder
Adnan Esmail
Co-founder
Co-founder
Yao Lu
Head of ML Infrastructure
Public descriptions emphasize an unusually research-driven, internally directed organization: researchers identify needs and the company acquires data, hardware, or compute to pursue them. The environment is hands-on and hardware-intensive, with many San Francisco roles listed in-office, alongside some remote-capable roles.
Work style
Hybrid
Compensation
Equity and benefits are publicly signaled in job-board listings, but no reliable company-wide salary bands or verified visa policy were found.
Benefits
Pricing
No public pricing model; the company has stated or been reported to have no commercialization timeline, despite testing with a small number of partners.
Differentiators
Technology
Customers
Competitors
Estimated revenue
No company-reported revenue found; third-party estimates range from approximately $0 to $36.5M annually and should be treated as low-confidence. Contemporary reporting describes no revenue plan or commercialization timeline.
Estimated monthly visits
230K
Traffic estimate as of Aug 2026
TechCrunch reported discussions for approximately $1 billion at a valuation above $11 billion; the deal was early-stage and not confirmed closed. This creates financing/valuation execution risk if terms change or the round does not close.
SourceManagement gave no commercialization timeline. The company was testing with a small number of partners, while reporting highlighted hardware fragility, supply delays and safety as execution risks.
SourceReports said Anthropic and Physical Intelligence had held acquisition talks in spring 2026, while CEO Karol Hausman denied that a current acquisition was occurring. No acquisition has been confirmed.
SourceTechCrunch · Jul 2026
TechCrunch reported that a current acquisition rumor was denied by Physical Intelligence’s CEO, while separate reporting indicated acquisition talks had occurred in spring 2026; no deal is confirmed.
TechCrunch · Apr 2026
Coverage of π0.7 and its compositional generalization: the model can be coached in plain language on novel tasks, but still has limitations on autonomous multi-step execution.
TechCrunch · Mar 2026
Reported approximately $1 billion financing discussions at a valuation above $11 billion; the talks were early and terms could change.
TechCrunch · Jan 2026
Profile of the company’s cross-embodiment strategy, unnamed logistics/grocery/manufacturing tests, roughly 80 employees at the time, hardware challenges and lack of commercialization timeline.
Bloomberg · Nov 2025
Reported the $600 million Series B led by CapitalG at a $5.6 billion valuation, with Lux, Thrive, Jeff Bezos, Index Ventures and T. Rowe Price participating.