SoftBank and Nvidia reportedly in talks to fund Skild AI at $14B, nearly tripling its value
PositiveArtificial Intelligence
- SoftBank and Nvidia are reportedly in discussions to invest in Skild AI, valuing the company at $14 billion, nearly three times its previous worth. Skild AI is focused on creating a hardware-agnostic foundation model for robots, allowing for customization across various applications.
- This potential investment is significant for both SoftBank and Nvidia as it reflects their ongoing commitment to advancing artificial intelligence technologies and robotics, positioning them strategically in a rapidly evolving market.
- The move comes amid broader concerns about an AI investment bubble, as evidenced by fluctuating stock performances and investor sentiment. Companies like Nvidia are navigating these challenges while also reporting strong earnings, indicating a complex landscape where innovation and caution coexist.
— via World Pulse Now AI Editorial System




