Bollcoin, October 28: According to Bloomberg, robotics AI software developer Physical Intelligence is in talks to raise at least $1 billion in funding at a valuation that would nearly double to about $20 billion. Existing investors Avenir and Lux Capital are in talks to lead the round. Physical Intelligence raised funds earlier this year at a $11.5 billion valuation, and people familiar with the matter said the company currently has no revenue.