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Robotics startup Field AI is reportedly in talks to raise several hundred million dollars at a $2 billion valuation, marking a fourfold increase from last summer when NVIDIA (NASDAQ: NVDA) and other investors valued it at $500 million, according to The Information.
Based in California, Field AI specializes in artificial intelligence models that enhance robotic performance across industries like construction and oil and gas. Unlike many emerging robotics firms, the company is already generating millions in revenue by selling access to its AI-powered software.
Field AI’s technology integrates with robots from companies such as Boston Dynamics and Unitree Robotics via an external hardware unit. The startup is developing a multimodal large AI model incorporating text, images, voice, and lidar sensor data to advance robotic autonomy.
Investor interest in robotics startups is growing, with competitor Skild AI reportedly considering a $4 billion valuation in its latest funding talks, while Physical Intelligence secured financing at approximately $2 billion in November. Although potential investors in Field AI’s new round remain undisclosed, the startup previously raised over $100 million from backers including Khosla Ventures and Temasek.
With AI-driven robotics gaining momentum, Field AI’s valuation surge underscores the increasing demand for intelligent automation solutions.
