PhysicsX Raises $300M at $2.4B Valuation, Led by Temasek

UK-based AI startup PhysicsX has raised $300 million in its latest funding round, valuing the company at approximately $2.4 billion. Singapore's Temasek led the round, with early investors including Nvidia and Applied Materials also participating. PhysicsX develops AI models that predict the behavior of physical objects, helping aerospace and automotive companies improve efficiency in design, testing, and assembly processes. The company expects revenue to reach close to $50 million this year.
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