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

SoftBank is in discussions to invest $500 million in Skild AI, a robotics software company increasingly valued at $4 billion. The two-year-old company had secured $300 million in its last financing round at a $1.5 billion valuation, backed by notable investors like Jeff Bezos. Skild AI emphasizes a generalized AI model adaptable for diverse robotic applications. The investment trend indicates heightened interest in the robotics and AI sectors, highlighted by recent funding rounds for various startups, including Physical Intelligence and Figure AI, which are also exploring advanced robotics technologies.
SoftBank is negotiating a $500 million investment in Skild AI, a robotics-focused software firm valued at $4 billion, highlighting vigorous interest in AI-driven robotics.
Skild AI's founders indicated that their generalizable AI model can be tailored for various robot types, showcasing the versatile applications of their technology.
In recent months, significant funding has flowed into AI-powered robotics startups, with prominent backers, including Jeff Bezos, leading investments, underscoring the sector's potential.
The surge in funding for companies like Physical Intelligence and Figure AI indicates a robust investor appetite for advancements at the intersection of robotics and AI.
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