FieldAI plans to raise $700 million in funding, achieving a valuation of $10 billion, to develop a general-purpose robot brain.

FieldAI is raising $700 million for the development of a general-purpose robot brain, achieving a valuation of $10 billion, and has signed the investment term sheet.

Why it matters. The continued attention of investors in the field of physical artificial intelligence indicates confidence in the future development of robotics technology.