SoftBank is talking about investing $500 million in Skild AI, a $4 billion software business that is creating a basic robotics approach.
The two-year-old company raised $300 million from investors Jeff Bezos, Lightspeed Venture Partners, and Coatue Management in its most recent round of fundraising last July, valued at $1.5 billion.
Skild’s founders, Deepak Pathak and Abhinav Gupta, told TechCrunch in July that a range of robots might be utilized with the company’s AI model. They claim that a specific use case and domain can be adapted to the generic model.
The intersection of AI and robots is attracting a lot of interest from investors.
Investors, including Bezos, have increased their investments in artificial intelligence-powered robotics companies within the previous 12 months.
Another business, Physical Intelligence, received $400 million at a $2 billion pre-money valuation in November and claims to be developing “brains” for various robots. Lux Capital, Thrive Capital, and Jeff Bezos led that round.
Last February, Microsoft, the OpenAI firm Fund, Nvidia, the Amazon Industrial Innovation Fund, and Jeff Bezos (via Bezos Expeditions) contributed $675 million to Figure AI, a firm developing an AI-powered humanoid robot valued at $2.6 billion.
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