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Home / Business and Economy / SoftBank, Nvidia Eye $1B+ Bet on Skild AI

SoftBank, Nvidia Eye $1B+ Bet on Skild AI

9 Dec

•

Summary

  • Skild AI is in talks for over $1 billion investment.
  • The company aims for a $14 billion valuation.
  • Skild AI develops a robot-agnostic foundational model.
SoftBank, Nvidia Eye $1B+ Bet on Skild AI

SoftBank Group and Nvidia are reportedly in advanced negotiations to lead a significant investment of over $1 billion in Skild AI. This potential funding round places the software company's valuation at an impressive $14 billion.

Skild AI, a relatively young startup, has distinguished itself by not pursuing proprietary hardware. Instead, it is developing a versatile, robot-agnostic foundational model that can be adapted for various robotic platforms and use cases.

The company's general-purpose robot model, Skild Brain, was unveiled in July. Its strategic partnerships with LG CNS and Hewlett Packard Enterprise are further solidifying its position in the rapidly growing AI robotics sector, which has seen substantial investment in recent months.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Skild AI is developing a robot-agnostic foundational model for AI robotics.
SoftBank Group and Nvidia are reportedly in talks to lead an investment in Skild AI.
Skild AI is in talks for an investment at a $14 billion valuation.

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