Robotics startup Generalist hits a $3 billion valuation, with 8VC leading a nearly $200 million expansion financing round.
50 minutes ago
Robotics foundation model startup Generalist has closed an approximately $200 million extension funding round led by 8VC, bringing its post-money valuation to $3 billion. This is an extension of the $400 million Series B round the company announced in June, which was led by Radical Ventures and valued Generalist at $2 billion at the time. Total funding raised by the startup now stands at $600 million following this latest extension. Founded in 2024, Generalist’s founding team includes former Google DeepMind researchers Pete Florence and Andy Zeng, plus former Boston Dynamics engineer Andrew Barry. Early backers of the firm include NVIDIA, Union Square Ventures, Bezos Expeditions, and AI researcher Li Feifei. The company’s newly launched Gen 1.5 model claims to enable robots to master new tasks from just 3 to 12 seconds of video demonstrations. It is currently collaborating with a small number of clients to customize models for specific scenarios based on feedback.
Grayscale’s Zcash (ZEC) spot ETF recorded a trading volume of $14.8 million on its first day of trading on the US stock market, closing 1.54% lower.
7 minutes ago
Meme coin "Lobster" has broken through $48 million in market capitalization to hit an all-time high, with a 24-hour gain of 49.1%.
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Robinhood ecosystem token PONS hits an all-time high, with its market capitalization surpassing $115 million and rising 30.2% in 24 hours.
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Tencent executive responds to AI slowdown: Insufficient computing power has held back Hunyuan
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Ethereum's Glamsterdam upgrade will adjust gas pricing for state operations, and a small number of contracts with hardcoded gas assumptions may need to be fixed.
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Crypto trading app Fomo hits over 100,000 daily active traders for the first time
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