Nvidia, SoftBank Target 'Robot Brain' Maker In Potential $14 Billion Deal

Benzinga

SoftBank and Nvidia are negotiating a stake in Skild AI as part of a funding round above $1B that would value the robotics-AI startup near $14B. Skild builds foundation models to give robots a universal “brain,” attracting heavy backing as governments push robotics and manufacturing innovation.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:03SoftBank and NVIDIA are in talks to invest in skilled AI as part of a funding round

00:07exceeding $1 billion that could value the robotics AI startup at roughly $14 billion,

00:14according to Reuters. Skilled's valuation would nearly triple from the $4.7 billion

00:19it reached earlier this year in a $500 million Series B, backed by NVIDIA, LG's Venture

00:25Arm, and Samsung. Founded in 2023 by former meta-AI researchers and supported by Amazon

00:32and Lightspeed, Skilled AI aims to enable wider robot deployment by creating universal software

00:37that serves as a central brain for robots. It builds Foundation A, iModels that teach robots

00:43perception and decision-making skills using large datasets. Federal agencies are elevating

00:48robotics and advanced manufacturing, while lawmakers are advancing new proposals as part

00:52of a broader effort to compete in AI and other critical technologies.

00:56For all things money, visit Benzinga.com.

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