Skild AI Secures $300 Million in Series A Funding to Revolutionize Robotics
July 12, 2024, 9:35 pm
Skild AI, a cutting-edge AI robotics startup, has successfully raised a substantial $300 million in Series A funding to propel its groundbreaking AI foundation model for robots to new heights. This significant investment, led by renowned venture capital firms Lightspeed Venture Partners, Coatue, SoftBank Group, and the visionary Jeff Bezos through Bezos Expeditions, has catapulted Skild AI to an impressive valuation of $1.5 billion.
Founded by the esteemed duo of Abhinav Gupta and Deepak Pathak, former professors at Carnegie Mellon University, Skild AI is at the forefront of developing artificial intelligence-powered brains for robots. Their innovative approach to training models on a vast amount of data points, at least 1,000 times more than competing models, sets them apart in the industry. Unlike traditional robots designed for specific tasks, Skild AI's model is a versatile, general-purpose AI that can be applied across various robots and scenarios, from locomotion to navigation.
The team at Skild AI comprises robotics and AI experts with extensive experience at tech giants like Meta, Tesla, NVIDIA, Amazon, and Google, as well as prestigious universities such as Carnegie Mellon, Stanford, and UC Berkeley. Their collective expertise and dedication to pushing the boundaries of AI and robotics have garnered recognition and accolades within the industry.
With the infusion of this substantial funding, Skild AI plans to scale its business model, expand its training datasets for future commercial applications, and bolster its workforce across AI, robotics, engineering, operations, and security teams. This strategic investment will enable the company to further advance its mission of developing artificial general intelligence (AGI) rooted in the physical world, challenging conventional notions of where AGI can originate.
The implications of Skild AI's technology are far-reaching, with the potential to revolutionize the robotics landscape and address critical challenges in industries facing labor shortages. By creating general-purpose robots that can adapt to various environments and tasks, Skild AI aims to democratize robotics, making automation more accessible and efficient across a wide range of industries.
As the world of robotics prepares for a transformative shift akin to the advancements seen in digital intelligence, Skild AI stands poised to lead the charge towards a future where machines redefine our understanding of what is possible. With a visionary team, cutting-edge technology, and a clear mission to reshape the physical economy, Skild AI is set to make a lasting impact on the field of robotics and artificial intelligence.
Founded by the esteemed duo of Abhinav Gupta and Deepak Pathak, former professors at Carnegie Mellon University, Skild AI is at the forefront of developing artificial intelligence-powered brains for robots. Their innovative approach to training models on a vast amount of data points, at least 1,000 times more than competing models, sets them apart in the industry. Unlike traditional robots designed for specific tasks, Skild AI's model is a versatile, general-purpose AI that can be applied across various robots and scenarios, from locomotion to navigation.
The team at Skild AI comprises robotics and AI experts with extensive experience at tech giants like Meta, Tesla, NVIDIA, Amazon, and Google, as well as prestigious universities such as Carnegie Mellon, Stanford, and UC Berkeley. Their collective expertise and dedication to pushing the boundaries of AI and robotics have garnered recognition and accolades within the industry.
With the infusion of this substantial funding, Skild AI plans to scale its business model, expand its training datasets for future commercial applications, and bolster its workforce across AI, robotics, engineering, operations, and security teams. This strategic investment will enable the company to further advance its mission of developing artificial general intelligence (AGI) rooted in the physical world, challenging conventional notions of where AGI can originate.
The implications of Skild AI's technology are far-reaching, with the potential to revolutionize the robotics landscape and address critical challenges in industries facing labor shortages. By creating general-purpose robots that can adapt to various environments and tasks, Skild AI aims to democratize robotics, making automation more accessible and efficient across a wide range of industries.
As the world of robotics prepares for a transformative shift akin to the advancements seen in digital intelligence, Skild AI stands poised to lead the charge towards a future where machines redefine our understanding of what is possible. With a visionary team, cutting-edge technology, and a clear mission to reshape the physical economy, Skild AI is set to make a lasting impact on the field of robotics and artificial intelligence.