Skild AI Secures $1B Investment for Robotics Foundation Model

SoftBank Group and Nvidia are reportedly leading a potential $1 billion investment in Skild AI, valuing the robotics software startup at $14 billion. Skild AI, founded in 2021, is developing a universal foundation model for robots, unlike other hardware-focused startups. The company showcased its Skild Brain model in July, demonstrating versatile tasks. Investor interest in AI robotics is surging, with Physical Intelligence raising $600 million and Figure securing over $1 billion recently.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.