SoftBank negotiates an investment of $ 500 million in Shield aiA software company that builds a foundation model for robotics at a $ 4 billion valuation, Bloomberg and Financial Times reports.
The two -year -old company raised its previous $ 300m previous financing round last July at a $ 1.5 billion valuation from investors, including Jeff Bezos, Lightspeed Venture Partners and Coatue Management.
The company’s AI model can be applied to different types of robots, Deepak Pathak, founders of Shield, and Abhinav Gupta told TechCrunch last July. They said the general model could be amended for a specific domain and use case.
The intersection of robotics and AI saw considerable investor interest.
Over the past year, investors, especially Bezos, have raised their financing to AI-powered robotics businesses.
Physical Intelligence, a start that it $ 400 million raised At a valuation of $ 2 billion before money in November, another start claims to develop “brains” for a wide variety of robots. Jeff Bezos, Lux Capital and Thrive Capital led that round.
Last February, Figure AI, a startup that built an Ai-powered humanoid robot, raised $ 675 million at a $ 2.6 billion valuation from Microsoft, Openai Startup Fund, Nvidia, Amazon Industrial Innovation Fund and Jeff Bezos (by Bezos Expeditions).
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