SoftBank and Nvidia in Talks to Fund Skild AI, Tripling Its Value
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SoftBank and Nvidia in talks to fund Skild AI, tripling its value. News summary. SoftBank Group and Nvidia are reportedly in discussions to lead a significant investment round of over $1 billion in Skild AI, a software company valued at $14 billion. This investment nearly triples Skild AI's previous valuation of $4.7 billion from May, when it raised $500 million with contributions from SoftBank, LG Technology Ventures, Samsung, and Nvidia. Skild AI focuses on developing a robot-agnostic foundation model, Skild Brain, which can be customized for various robot types and use cases. The company has established partnerships with LG CNS and Hewlett Packard Enterprise to expand its ecosystem. The interest in AI robotics continues to grow, with companies like Physical Intelligence and Figure also securing substantial investments. Story coverage.
