General Intuition is still finalizing the round, and a source close to the deal said that it is oversubscribed as the startup continues to field interest from investors. The company intends to use the funds to focus to improve its general model with a focus on robotic embodiments. That means spending more on compute infrastructure (the company has a partnership with neolab CoreWeave) and hiring more talent.
Valor Equity Partners is known for backing SpaceX. TechCrunch has reached out to confirm its investment in General Intuition, which would be the first AI lab the fund has invested in since SpaceX.
This story is developing. Please check back in for updates.
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