VC Eclipse launches $1.3B fund for 'physical AI'

Venture capital firm Eclipse has announced a new $1.3 billion fund dedicated to investing in startups focused on 'physical AI.' This capital, split between early-stage and growth funds, will target companies integrating advanced intelligence into the real world, spanning sectors like transportation, energy, and robotics. Eclipse aims to build an ecosystem of collaborating startups, fostering partnerships to accelerate scale and market impact. The firm plans to incubate new ventures and leverage cross-sector data to train more sophisticated AI models, signaling a significant shift towards tangible AI applications.