SoftBank and Nvidia reportedly in talks to fund SkildAI at $14B, nearly tripling its value

Investment Overview - SoftBank Group and Nvidia are negotiating to lead an investment exceeding $1 billion in Skild AI, valuing the company at $14 billion [1] - Skild AI was previously valued at $4.7 billion in May after raising $500 million, with participation from SoftBank, LG Technology Ventures, Samsung, and Nvidia [2] Company Profile - Skild AI is a nearly three-year-old startup focused on developing a robot-agnostic foundational model rather than proprietary hardware [3] - The company introduced its general-purpose robot model, Skild Brain, in July, showcasing capabilities such as picking up dishes and navigating stairs [3] - Strategic partnerships have been established with LG CNS and Hewlett Packard Enterprise to enhance its ecosystem [3] Industry Trends - There is a growing investor interest in AI robotics, as evidenced by Physical Intelligence raising $600 million at a $5.6 billion valuation [4] - Figure, a humanoid robot developer, recently raised over $1 billion at a valuation of $39 billion, indicating strong market potential [5] - Another humanoid robot developer, 1X, was reported to be in discussions to secure up to $1 billion at a $10 billion valuation [5]