- Psibot has raised close to $100 million at a $1.48 billion valuation, bringing its total funding to $300 million.
- Psibot has become one of the few unicorns in the field of embodied AI and world models, which assist robots in navigating their physical environments.
- Psibot was founded in 2024 in Shanghai by a team that includes Viktor Wang, a PhD from George Washington University, and other notable figures from Alibaba and Peking University.
Psibot, a Chinese AI startup focusing on embodied AI and world models, has reached a valuation of $1.48 billion after securing nearly $100 million in funding. Founded in 2024 by a team of experts including Viktor Wang and Xiaojie Chai, the company has raised approximately $300 million to date.1234
The startup is recognized as one of the few unicorns in the field, which aids robots and self-driving cars in navigating their environments. Wang emphasized that while data is a significant advantage for China, it also presents challenges due to high collection costs and quality issues. He stated, “Even the frontier AI labs in Silicon Valley such as OpenAI and Meta don’t have good data.”
Psibot's models utilize real-world data gathered through specialized hardware, including gloves and humanoid robots. The company is currently testing its platforms with major logistics vendors and fiber optic manufacturers. Wang predicts a breakthrough in physical world foundation models within the next 24 months, likening it to the advancements seen with OpenAI's GPT-2. He remarked, “We should see the GPT-2 moment in embodied AI in two years.”
“Psibot has raised about $300 million since its 2024 founding and focuses on embodied AI and world models that help robots navigate. The startup was co-founded by Viktor Wang, who predicts a 'GPT-2 moment' for physical AI within two years, similar to OpenAI's ChatGPT leap.”
