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Sunday, June 15, 2025

Samsung Electronics, Nvidia to Join $4.5 Billion Fundraising For US Robotics Firm Skild AI

 Nvidia (NASDAQ:NVDAquietly dropped $25 million into Skild AI's Series B, and Samsung chipped in another $10 million, joining SoftBank's $100 million lead on a round that pegs the Pittsburgh robotics-software outfit at about $4.5

Skild's platform helps robots learn on the fly across factories, warehouses and more, and both backers seem keen to see if software can turn hardware into recurring revenue.

Oddly enough, Nvidia shares slipped about 0.8% on the news investors are weighing the near-term cash outlay against longer-term dreams of a booming robotics business. Skild still needs to prove its model by landing big enterprise deals and scaling up those adaptive systems beyond pilot labs.

Samsung's play feels more like keep an eye on the field than full throttle: it already has small stakes in Rainbow Robotics and Physical Intelligence, and this lets them compare notes without over-committing.

https://finance.yahoo.com/news/nvidia-samsung-back-skild-ais-170204405.html

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