SoftBank to invest $500M in robotics startup SkildAI | TechCrunch

by techmim trend


SoftBank is negotiating a $500 million funding in Skild AI, a device corporate construction a foundational fashion for robotics at a $4 billion valuation, Bloomberg and Monetary Occasions reported.

The 2-year-old corporate raised its earlier investment spherical of $300 million at a $1.5 billion valuation remaining July from buyers together with Jeff Bezos, Lightspeed Project Companions, and Coatue Control.

The corporate’s AI fashion will also be carried out to quite a lot of kinds of robots, Skild founders Deepak Pathak and Abhinav Gupta instructed techmim remaining July. They stated the generalized fashion will also be changed for a selected area and use case.

The intersection of robotics and AI has witnessed really extensive investor passion.

Over the new 12 months, buyers, specifically Bezos, have higher their investment to AI-powered robotics firms.

Bodily Intelligence, a startup that era/artificial-intelligence/robot-ai-startup-physical-intelligence-raises-400-mln-bezos-openai-2024-11-04/”>raised $400 million at a $2 billion pre-money valuation in November, is some other startup claiming to be creating “brains” for a vast vary of robots. Jeff Bezos, Lux Capital, and Thrive Capital led that spherical.

Ultimate February, Determine AI, a startup construction an AI-powered humanoid robotic, raised $675 million at a $2.6 billion valuation from Microsoft, OpenAI Startup Fund, Nvidia, Amazon Commercial Innovation Fund, and Jeff Bezos (thru Bezos Expeditions).



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