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SoftBank, Nvidia eye investment in Skild AI at $14B valuation, Reuters says

SoftBank Group (SFTBY) and Nvidia (NVDA) are in talks to invest in Skild AI, in a more than $1B funding round that could value the maker of foundation models for robots at around $14B, according to sources and a term sheet seen by Reuters, Akash Sriram and Krystal Hu write. If successful, the funding will be at nearly triple Skild’s valuation from the $4.7B it commanded in a $500M Series B round earlier this year, according to PitchBook data.

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