enterprise AI / venture
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SiliconANGLE · United States · Generalist AI raises $400m at $2bn for embodied foundation models, as its GEN-1 hits 99% task success
Covers the full investor list: Radical Ventures led; 8VC, Union Square Ventures, Hanabi Capital and Norwest are new investors; NVIDIA's NVentures, Boldstart, Spark Capital, Bezos Expeditions and NFDG are returning backers. Notes Fei-Fei Li's involvement via her institutional affiliation, emphasising the academic-to-venture pipeline in embodied AI. Frames the $2bn valuation as below [[skild-ai-series-c-2026|Skild AI's $14bn]] but at a more conservative multiple for a company releasing its first public model.
“Generalist AI closes at $2B, a conservative multiple for a company whose first public model is already outperforming the prior state of the art.”