Overview
- Reuters reports the discussions based on a term sheet and anonymous sources, with Nvidia declining comment and Skild AI and SoftBank not immediately responding.
- If completed, the financing would nearly triple Skild’s valuation from $4.7 billion in a $500 million Series B earlier this year that included Nvidia, LG’s venture arm and Samsung, per PitchBook.
- Founded in 2023 by former Meta AI researchers, Skild develops foundation models that serve as a software ‘brain’ for robots across form factors and counts Amazon and Lightspeed among backers.
- Skild unveiled a general-purpose robotic AI model in July, and a person familiar with the matter said SoftBank was impressed by pilot projects.
- Investor interest in robotics is accelerating, even as experts caution that truly general-purpose robotic systems remain technically challenging and likely years from broad adoption.