Nvidia, SoftBank Target 'Robot Brain' Maker In Potential $14 Billion Deal

Core Insights - SoftBank Group and NVIDIA are negotiating to invest over $1 billion in Skild AI, potentially valuing the company at approximately $14 billion, indicating a growing interest in the robotics AI sector [1][2] - If the funding round is successful, Skild AI's valuation would nearly triple from $4.7 billion, which it achieved earlier this year during a $500 million Series B round [2] - Skild AI, founded in 2023 by former Meta AI researchers, aims to create universal software that serves as a central "brain" for robots, enhancing their perception and decision-making capabilities [3] Company Developments - SoftBank's CEO Masayoshi Son emphasizes robotics as a key part of the company's long-term strategy, highlighted by the recent acquisition of ABB's robotics business for $5.4 billion [4] - The U.S. Department of Commerce is focusing on robotics and advanced manufacturing to enhance domestic production capabilities, which has led to a surge in robotics stock prices [5] Industry Trends - The Trump administration is reportedly planning to issue an executive order to accelerate growth in the robotics sector, reflecting a broader governmental interest in advancing AI and critical technologies [5][6] - Lawmakers are increasing their focus on robotics, with new proposals being advanced to support the sector, indicating a strategic push to compete in AI and other essential technologies [6]