PYMNTS.com July 11, 2024
Skild AI has raised $300 million in a Series A funding round to build an artificial intelligence (AI) model for robotics.
The company will use the new capital to expand its team and to continue scaling its model and training datasets in preparation for future commercial deployment of its technology, Skild AI said in a Tuesday (July 9) press release.
“With general purpose robots that can safely perform any automated task, in any environment, and with any type of embodiment, we can expand the capabilities of robots, democratize their cost, and support the severely understaffed labor market,” Abhinav Gupta, president and co-founder of Skild AI, said in the release.
Skild’s model is being designed as a “shared, general-purpose brain” for...
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