Physical Intelligence, a San Francisco-based robotics startup, has secured $400 million in funding, raising its valuation to $2.4 billion with backing from prominent investors like Jeff Bezos and Open AI. The company is focused on developing general-purpose AI models to power versatile robots, aiming to bring artificial general intelligence (AGI) into the physical world. These advancements promise to revolutionize various sectors, enhance safety in hazardous environments, and transform household automation, while also raising important ethical and regulatory considerations.