We’ve seen an eye-watering amount of capital thrown at AI labs Physical AI will dwarf that There are dozens of high-quality traditional robotics companies likely to IPO over the coming years, and I expect their onchain counterparts to catch the same tailwinds Jensen Huang’s first post last week focused on the importance of open-weight AI models; that same shift towards open systems extends into physical AI Now is the time to start paying attention to well-funded teams with ambitious but achievable plans to complement the traditional robotics sector I’m not sure what valuation this $12m seed round for @axisrobotics is being done at, but for context Figure AI’s last private round valued the company at $39B The gap between where robotics capital is going and where the onchain robotics sector is valued still looks enormous