Tech
SoftBank, Nvidia looking to invest in Skild AI at $14 billion valuation, sources say
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Japan’s SoftBank Group and Nvidia are in talks to invest in Skild AI, in a more than $1 billion funding round that could value the maker of foundation models for robots at around $14 billion, according to sources and a term sheet seen by Reuters.
If successful, the funding will be at nearly triple Skild’s valuation from the $4.7 billion it commanded in a $500 million Series B round earlier this year that saw participation from Nvidia, LG’s venture capital arm and Samsung, among others, according to PitchBook data.
Founded in 2023 by former Meta AI…
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