The artificial intelligence start-up Physical Intelligence, which aims to build general-purpose AI models and algorithms for real-world robots, is set to announce a new $400 million funding round today with backing from Jeff Bezos and other big-name investors.

Physical Intelligence, a startup that is developing foundational software for robots, said on Monday it has raised $400 million in early-stage funding from Amazon's Jeff Bezos, OpenAI, venture capital firms Thrive Capital and Lux Capital.

The start-up raised $400 million in a funding round with investments from the likes of Jeff Bezos, Thrive Capital and OpenAI.

Physical Intelligence, a startup researching practical artificial intelligence models to create “brains” for robots, announced today it has raised $400 million in new funding. The New York Times broke the news that the round was led by Jeff Bezos,