Please note: Most, if not all, of the articles published at this website were completed by Chat GPT (chat.openai.com) and/or copied and possibly remixed from other websites or Feedzy or WPeMatico or RSS Aggregrator or WP RSS Aggregrator. No copyright infringement is intended. If there are any copyright issues, please contact: bicycledays@yahoo.com.
SoftBank is negotiating a $500 million funding in Skild AI, a software program firm constructing a foundational mannequin for robotics at a $4 billion valuation, Bloomberg and Monetary Instances reported.
The 2-year-old firm raised its earlier funding spherical of $300 million at a $1.5 billion valuation final July from traders together with Jeff Bezos, Lightspeed Enterprise Companions, and Coatue Administration.
The corporate’s AI mannequin may be utilized to varied kinds of robots, Skild founders Deepak Pathak and Abhinav Gupta informed Trendster final July. They mentioned the generalized mannequin may be modified for a selected area and use case.
The intersection of robotics and AI has witnessed substantial investor curiosity.
Over the latest yr, traders, significantly Bezos, have elevated their funding to AI-powered robotics firms.
Bodily Intelligence, a startup that raised $400 million at a $2 billion pre-money valuation in November, is one other startup claiming to be growing “brains” for a broad vary of robots. Jeff Bezos, Lux Capital, and Thrive Capital led that spherical.
Final February, Determine AI, a startup constructing an AI-powered humanoid robotic, raised $675 million at a $2.6 billion valuation from Microsoft, OpenAI Startup Fund, Nvidia, Amazon Industrial Innovation Fund, and Jeff Bezos (via Bezos Expeditions).
