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News

Skild AI Raises $300 Million

Skild AI has announced that it has managed to increase investment funds by $300 million as part of the Series A financing round.

Skild AI Raises $300 Million

The mentioned company will spend received money on financing activities for the development of an artificial intelligence model designed for use in the area of robotics. The corresponding information is contained in a press release published by Skild AI. It is noted that part of the new capital will be used to expand the team of firm specialists and continue scaling the AI configuration and training datasets. The relevant activities of the company will be conducted in preparation for the upcoming commercial deployment of its technologies.

Abhinav Gupta, president, and co-founder of Skild AI, says that the introduction of general-purpose robots that can safely perform any automated tasks in any environment and with any type of embodiment can expand the capabilities of the corresponding machines, democratize their cost and support the labor market facing the problem of staff shortages.

The press release notes that shortly, the company will develop an artificial intelligence model positioned as a general-purpose brain. This AI configuration will be provided for various robots, scenarios, and tasks. The company’s goal in the context of the mentioned activity is to enable the use of low-cost robots in a wide range of industries and application options.

The funding round for Skild AI was led by Lightspeed Venture Partners, Coatue, SoftBank Group, and Jeff Bezos, via Bezos Expeditions. The relevant information is contained in the press release.

It is worth noting that in the period of active implementation of artificial intelligence in various areas of activity and devices is of particular importance the issue of cybersecurity. In this case, the personal awareness of users is important. For example, by requesting an Internet search system such as how to know if my camera is hacked, anyone can get information about unauthorized access signs to the device.

Serhii Mikhailov

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Serhii’s track record of study and work spans six years at the Faculty of Philology and eight years in the media, during which he has developed a deep understanding of various aspects of the industry and honed his writing skills; his areas of expertise include fintech, payments, cryptocurrency, and financial services, and he is constantly keeping a close eye on the latest developments and innovations in these fields, as he believes that they will have a significant impact on the future direction of the economy as a whole.