Generalist AI Secures $400M at $2B Valuation with Nvidia; Warren Demands Huang Testimony
NVDA•Generalist AI secured $400 million at a $2 billion valuation in a round led by Radical Ventures with Nvidia, Bezos Expeditions and new backers boosting its robotics AI push. Senator Elizabeth Warren is demanding Nvidia CEO Jensen Huang testify on chip exports to China, heightening regulatory risk.
1. Nvidia Backs $400M Robotics AI Fundraise
Generalist AI announced a $400 million funding round that values the company at $2 billion. The Series led by Radical Ventures included new institutional investors 8VC, Union Square Ventures, Norwest and Hanabi Capital, alongside existing backers Nvidia and Bezos Expeditions. Proceeds will fund next-generation AI model development, expand a dataset of over 500,000 hours of real-world robotic activity and boost computing infrastructure.
2. Warren Seeks Testimony on China Chip Exports
Senator Elizabeth Warren has called for Nvidia CEO Jensen Huang to testify before a Senate committee about the company’s sales of advanced GPUs to China. The request underscores rising regulatory and geopolitical scrutiny of Nvidia’s export practices, posing potential headwinds for revenue from high-end chip sales in key international markets.
