SoftBank and Nvidia in talks to invest in Skild AI at $14 billion valuation.

SoftBank and Nvidia are in talks to invest in Skild AI at a $14 billion valuation, nearly triple the company's previous valuation of $4.7 billion. Skild AI develops universal software for robots and focuses on AI models for robots of all form factors. The funding will be over $1 billion and will value the company at $14 billion if successful. The talks underscore surging investor interest in humanoid robotics firms as advances in artificial intelligence make such robots increasingly capable of performing complex tasks.