SoftBank, Japan’s multinational holding ICON, is positioning to inject a whopping $500 million levy into Skild AI, an emerging robotics figurehead. The half-billion-dollar leap aims at revolutionizing the landscape of robotics, setting its value at a stunning $4 billion, says the Financial Times.
Not too long ago, Skild AI welcomed a $300 million endorsement at a $1.5 billion valuation from a clique of esteemed investors. The list included names such as Lightspeed Venture Partners, Coatue Management, and the illustrious Jeff Bezos. Barely two years into its journey, SkildAI is already rewriting the script in the AI-robotics realm.
“For SkildAI, the applications aren’t confined to a specific robotic type. We offer a versatile model adaptable to varied robotic domains,” assert company stalwarts Deepak Pathak and Abhinav Gupta. In light of the ongoing investor frenzy towards AI-centric robotic solutions, SkildAI’s commitment to a generalized model could spell a new era in robotic utility.
Investment flows into AI-integrated robotics have been abundant, with bigwigs like Bezos leading the charge. Physical Intelligence, another notable startup, recently amassed $400 million at a $2 billion pre-cash valuation. The company pledges to fabricate “brains” competitive across a diverse set of robots.
From softwares to humanoids, the scope of AI incorporation is expansive. One vivid demonstration is Figure AI, a humanoid robot manufacturer. Their princely sum of $675 million funding at a $2.6 billion appraisal from notable backers such as Microsoft, Nvidia, Amazon Industrial Innovation Fund, and Bezos Expeditions underlines the anticipations the sector holds.
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