New York-based General Intuition, a startup that builds foundational models to train generalized AI agents to travel through space and time, is in talks to raise a pre-money valuation of $6 billion from new investors including Valor Equity Partners, Point72 Ventures and Seven Seven Six, according to people familiar with the matter.
Existing investors including Khosla Ventures and General Catalyst also participated in the round. The new funding comes just weeks after General Intuition raised $320 million at a valuation of $2.3 billion.
The news confirms previous reports of a deal with the company, which is quickly becoming one of the hottest startups working on physical AI.
CEO Pim de Witte spun General Intuition out of video game clip-sharing platform Medal last October, using its hundreds of millions of hours of gameplay and “action labels” (records of which buttons players pressed and when) as an initial data set.
Investor Vinod Khosla recently told TechCrunch that he believes these action labels will be a key part of the “emergence of intuition,” or the ability of models to truly generalize across tasks for which they have not been explicitly trained.
General Intuition is still finalizing its round, and people close to the deal said it is oversubscribed as the startup continues to garner interest from investors. The company plans to use the funds to focus on improving its general model with a focus on robot embodiment. This means spending more on computing infrastructure (the company has partnered with neolab CoreWeave) and hiring more talent.
Valor Equity Partners is known for supporting SpaceX. TechCrunch has reached out to General Intuition to confirm its investment. This will be the first AI lab the fund has invested in since SpaceX.
This story is developing. Please check back to get the latest information.
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