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SoftBank set to invest US$500 million in SkildAI robotics startup

SoftBank is set to invest US$500M in robotics startup SkildAI, valuing it at US$4B. AI-powered robotics funding surges with major tech backing.

SoftBank is in talks to invest US$500 million in SkildAI, a robotics software company developing an advanced AI model for automation. If finalised, the deal would value the company at US$4 billion, according to reports from Bloomberg and the Financial Times.

SkildAI, a two-year-old company, previously secured US$300 million in funding last July at a valuation of US$1.5 billion. That round saw investments from high-profile backers such as Amazon founder Jeff Bezos, Lightspeed Venture Partners, and Coatue Management.

AI-powered robotics attracts growing investor interest

SkildAIโ€™s AI model is designed to work with various robotic systems. Founders Deepak Pathak and Abhinav Gupta explained last year that their technology is a foundational model that can be adapted for different industries and applications.

The intersection of artificial intelligence and robotics has become a major focus for investors. Over the past year, funding for AI-driven robotics companies has surged, with Jeff Bezos emerging as a key player in this sector.

In November, another startup, Physical Intelligence, raised US$400 million at a US$2 billion pre-money valuation. The company, which also aims to develop AI-driven โ€œbrainsโ€ for robots, secured backing from Bezos, Lux Capital, and Thrive Capital.

Investment in AI-powered humanoid robots on the rise

The trend of funding AI robotics continued earlier this year when Figure AI, a startup focused on creating AI-powered humanoid robots, secured US$675 million in February. That funding round valued Figure AI at US$2.6 billion and included investments from major tech companies like Microsoft, Nvidia, and the OpenAI Startup Fund. Amazonโ€™s Industrial Innovation Fund and Bezos Expeditions also contributed to the round.

The significant financial backing pouring into AI-powered robotics suggests growing confidence in the sector. As AI continues to advance, investors are betting on robotics’ potential to revolutionise industries ranging from manufacturing to logistics and beyond.

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