Softbank Group and Nvidia are in talks to lead an investment of more than $1 billion in a $14 billion valuation of AI, a software company that has basic robotics models, Reuters reports.
The nearly three-year-old startup was valued at $4.7 billion in May when it raised $500 million in SoftBank alongside Softbank, Samsung, NVidia, and others, according to pitchbook data. Skil did not immediately respond to a request for comment. Softbank and Nvidia declined to comment.
Unlike other funded startups, Skild AI does not build proprietary hardware. Instead, it develops a basic robot-agnostic model that can be customized for different types of robots and use cases.
The company unveiled its public robot robot in July with a video showing the robot picking up plates and climbing stairs. The company has secured strategic partnerships with LG CNS and Hewlett Packard Enterprise to develop the ecosystem.
Investor Interest in Robotics AI has continued to grow. Physical intelligence, other companies developing “brains” for robots, have reported It recently raised $600 million at a valuation of $5.6 billion led by Capital G. One investor who evaluated but declined to finance the physical intelligence that Techcrunch said is still in the early stages of development.
In September, figures, a company developing humanoid robots, raised more than $ 1 billion in bulk $39 Billion worthSee rank-. Meanwhile, 1X, another developer of humanoid robots, is in talks to secure $1 billion in a $10 billion worthInformation reported a few months ago.