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Nvidia and Samsung Bet Big on AI Robots With $100 Skild Deal

Nvidia and Samsung Bet Big on AI Robots With $100 Skild Deal

Yahoo2 days ago

Nvidia (NASDAQ:NVDA) and Samsung Electronics (SSNLF) are investing in U.S.-based robotics firm Skild AI, joining a $100 million Series B funding round led by SoftBank Group (SFTBY).
Nvidia is contributing $25 million, while Samsung is putting in $10 million, valuing Skild AI at about $4.5 billion. The round adds to mounting global interest in robotics and AI as demand grows for intelligent machines across manufacturing, logistics, and autonomous vehicles.
Warning! GuruFocus has detected 4 Warning Signs with NVDA.
The move gives both tech giants a foothold in the fast-developing robotics software sector. Samsung views the investment as a strategic way to remain aligned with Skild's innovation pipeline, without committing substantial capital. The deal also comes amid similar smaller investments from Korean groups LG, Hanwha, and Mirae Asset, which each committed $5 million to $10 million.
Nvidia's backing aligns with its broader strategy to scale physical AI, a term used to describe intelligent machines and robots that can act independently. The chipmaker is building out its ecosystem of processors, software, and infrastructure to support the adoption of AI-powered robotics.
Skild AI plans to use the funding to accelerate development of its advanced robotics platform. The company's technology is designed to bring AI capabilities to physical systems, a market that continues to draw growing interest from global tech players.
This article first appeared on GuruFocus.

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timean hour ago

  • Associated Press

Mogo Applies to Extend the Expiry Dates of Certain Warrants

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GE Vernova (GEV) Registers a Bigger Fall Than the Market: Important Facts to Note

Yahoo

timean hour ago

  • Yahoo

GE Vernova (GEV) Registers a Bigger Fall Than the Market: Important Facts to Note

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