SoftBank and Nvidia in Talks to Invest $1B in Skild AI, Valuing it at $14B

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SoftBank Group and Nvidia are reportedly in discussions to lead a funding round exceeding $1 billion, which would value Skild AI at $14 billion. Skild AI, a startup focused on a hardware-agnostic foundational robotics model, is attracting significant investor interest in the AI robotics space.

According to a recent report by Reuters, the potential investment by SoftBank and Nvidia would mark a substantial increase in Skild AI’s valuation, nearly tripling it from its previous value. Skild AI, founded around three years ago, is committed to creating a versatile, robot-agnostic foundation model that can be tailored for diverse robot types and applications, rather than concentrating on proprietary hardware development.

Skild AI’s introduction of its general-purpose robot model, Skild Brain, showcased robots performing tasks like dish handling and stair navigation in demonstration videos. The company has also forged key partnerships with industry players such as LG CNS and Hewlett Packard Enterprise to enhance its ecosystem.

The growing investor interest in AI robotics, with companies like Physical Intelligence and Figure securing significant funding rounds, underscores the importance of foundational robotics models and their potential to transform various industries.

Source: TechCrunch

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