Two Blokes

Samsung and Nvidia invest in Skild AI as race for consumer robotics heats up

  • click to rate
    Posted by Two Blokes Jun 12 - Filed in Stock - 7 views
    Samsung Electronics (KRX:005930) and Nvidia Corp (NASDAQ:NVDA, ETR:NVD) are taking minority stakes in Skild AI, a robotics software start-up, as both companies deepen their involvement in consumer robotics. Samsung is investing $10 million and Nvidia $25 million as part of Skild's Series B round, which is being led by a $100 million contribution from SoftBank and is expected to value the company at around $4.5 billion.