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SoftBank to invest $500M in robotics startup SkildAI
SoftBankSoftBank(US:SOBKY) TechCrunchยท2025-01-29 02:10

Investment and Valuation - SoftBank is negotiating a $500 million investment in Skild AI at a $4 billion valuation [1] - Skild AI raised $300 million at a $1.5 billion valuation in its previous funding round in July 2023 [1] - Physical Intelligence raised $400 million at a $2 billion pre-money valuation in November [3] - Figure AI raised $675 million at a $2.6 billion valuation in February [3] Company and Technology - Skild AI is developing a foundational AI model for robotics that can be applied to various types of robots and modified for specific domains and use cases [2] - Physical Intelligence is developing "brains" for a broad range of robots [3] - Figure AI is building an AI-powered humanoid robot [3] Industry Trends - The intersection of robotics and AI has attracted substantial investor interest [2] - Investors, particularly Jeff Bezos, have increased funding to AI-powered robotics companies over the past year [2][3]