Samsung, Nvidia Invest $35M in Skild AI Robotics Startup
Samsung, Nvidia Invest $35M in Skild AI Robotics Startup

Samsung, Nvidia Invest $35M in Skild AI Robotics Startup

News summary

Samsung Electronics and Nvidia have invested $10 million and $25 million respectively in U.S.-based robotics software startup Skild AI as part of a $100 million Series B funding round led by Japan's SoftBank Group, which values Skild AI at approximately $4.5 billion. Samsung's investment aims to maintain a strategic connection with Skild's innovation and talent while staying competitive with other South Korean conglomerates investing in the company. Nvidia promotes the concept of "physical AI," focusing on intelligent robots and autonomous machines, viewing robotics as a key growth area for its AI chips and platforms. The funding will accelerate Skild AI's development of advanced robotics platforms powered by AI amid rising demand for smart robotics across industries. This move reflects a broader industry trend where global tech leaders are investing heavily in robotics and AI integration to capitalize on the booming market for autonomous vehicles, robotic assistants, and smart factories. Both companies seek to strengthen their presence in the evolving consumer robotics ecosystem as competition intensifies with other tech giants like Apple and Google also entering the space.

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