SoftBank and Nvidia Set to Fuel Skild AI's $14 Billion Ambition

SoftBank and Nvidia in Talks to Fund Skild AI at $14 Billion Valuation SoftBank Group and Nvidia are reportedly in discussions to lead a significant investment of over $1 billion in Skild AI, a software company valued at nearly $14 billion. This valuation is a substantial increase from the $4.7 billion valuation the company achieved in May, when it raised $500 million in a funding round led by SoftBank, with participation from LG Technology Ventures, Samsung, Nvidia, and other investors. The investment would nearly triple Skild AI's valuation, underscoring the growing interest in the company's foundational robotics model. Skild AI's software enables robots to be customized for various types of robots and use cases, setting it apart from other heavily funded startups that focus on proprietary hardware. The company's general-purpose robot model, Skild Brain, was unveiled in July, showcasing its capabilities in tasks such as picking up dishes and climbing stairs. Skild AI has secured strategic partnerships with LG CNS and Hewlett Packard Enterprise to develop its ecosystem. The company's focus on software-based robotics solutions has attracted significant investor interest, with Physical Intelligence, another company developing brains for a broad range of robots, reportedly raising $600 million in recent funding. The investment in Skild AI reflects the growing importance of artificial intelligence (AI) and robotics in the tech industry. As the demand for automation and intelligent systems continues to rise, companies like Skild AI are poised to play a crucial role in shaping the future of robotics. The company's software-based approach has the potential to make robotics more accessible and affordable, enabling a wider range of applications and use cases. Skild AI's valuation and the potential investment from SoftBank and Nvidia are significant indicators of the company's growth prospects. The investment would not only provide the company with the necessary funding to further develop its technology but also validate its software-based approach to robotics. As the company continues to expand its ecosystem and partnerships, it is likely to remain a key player in the rapidly evolving robotics market. The investment in Skild AI also highlights the growing interest in AI and robotics from leading technology companies. SoftBank's involvement in the funding round is particularly notable, given its previous investments in the robotics space. Nvidia's participation in the funding round is also significant, given its expertise in AI and deep learning technologies. As the robotics market continues to grow and mature, companies like Skild AI are likely to play a crucial role in shaping its future. The company's software-based approach, strategic partnerships, and growing investor interest position it well for continued growth and success in the years to come.