PitchBook: robotics and physical AI companies have raised ~$48B YTD, as they gather training data from people completing tasks in factories, offices, and homes (Rafe Rosner-Uddin/Financial Times)

Robotics and physical AI companies have raised approximately $48 billion year-to-date, according to PitchBook. These companies are actively gathering training data by observing people complete tasks in various environments, including factories, offices, and homes. This approach helps fill a critical gap in the training material necessary for the development of 'physical AI' technologies.

This report from PitchBook is the first to quantify the scale of investment in physical AI, noting ~$48B YTD, unlike previous analyses.