Robotics software maker Skild AI hits $14B valuation

The U.S. Commerce Department has eased restrictions, allowing Nvidia to sell its H200 AI chips to approved customers in China, following a significant policy shift initiated by the Trump administration that lifted a previous export ban due to national security concerns. This decision marks a pivotal moment for Nvidia as it re-enters a crucial market after extensive lobbying efforts.

Skild AI, a robotics startup focused on developing an “omni-bodied” brain for robots, has successfully raised $1.4 billion in funding, resulting in a valuation increase to over $14 billion within just seven months. This significant financial boost highlights the growing interest and investment in AI-driven robotics technology.