SoftBank Group Corp.(OTC:SFTBF) (OTC:SFTBY) and NVIDIA Corp (NASDAQ:NVDA) are in talks to back a major new funding round for a fast-growing robotics artificial intelligence company, highlighting rising investor interest in the sector.
SoftBank and Nvidia are negotiating to invest in Skild AI as part of a funding round exceeding $1 billion, which could value the robotics AI company at roughly $14 billion, Reuters reported Monday, citing familiar sources and a term sheet.
