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INVESTORS AND FUNDING
Physical Intelligence in talks at a $20bn valuation, Bloomberg reports
Physical Intelligence wants at least $1bn, with existing backers Avenir and Lux Capital in talks to lead. Bloomberg’s sources say it has no revenue yet.
INVESTORS AND FUNDING
Ravical raises $17M to bring shared AI to accounting firms
MMC Ventures led the seed round, which will fund growth across Europe and a move into the US.
BUSINESS APPS
Slack’s founder got one hour with Benioff before the $27.7bn sale
Butterfield left after Salesforce put him on a Davos panel with will.i.am. Slack co-founder Cal Henderson says Salesforce’s sales team didn’t use or understand Slack.
GOVERNMENT AND POLICY
Anthropic tells Governor Gavin Newsom courts should be able to block risky AI models
In a letter to California’s governor, Anthropic also called for in-house safety auditors and six-monthly risk reports.
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