Generalist AI has filed a notice of an exempt offering of securities to raise $400 Million in New Funding.
According to filings with the U.S. Securities and Exchange Commission, Generalist AI is raising up to $400,000,000.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.
About Generalist AI
We are building general intelligence for the physical world. At Generalist, we are on a mission to make general-purpose robots a reality. We believe the industries and homes of the future will depend on humans and machines working together in new ways. Robots can help us build more and get more done. We build embodied foundation models, starting with a focus on dexterity. This requires advancing the frontiers of data, models, and hardware, to enable robots to intelligently interact with the physical world. The company embraces both large-scale AI and robotics as core to its DNA. Our team of researchers, roboticists, and company builders come from OpenAI, Boston Dynamics, Google DeepMind, and other frontier labswith a track record of shipping AI breakthroughs. Before Generalist, we pioneered large embodied multimodal models and vision-language-action models (PaLM-E, RT-2, Gemini Robotics), scaled ChatGPT and GPT-4 to hundreds of millions of users, engineered the foundations of autonomous driving, built next-generation robots (Atlas, Spot, Stretch) and pushed the limits of what they can do (from parkour to manipulation, and testing robustness). We are located in the Bay Area (CA) and Boston (MA).
To learn more, visit https://generalistai.com/
LinkedIn: https://www.linkedin.com/company/generalistai/
Contact:
Peter Florence, Chief Executive Officer
https://www.linkedin.com/in/peteflorence/
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