TECH - Jeff Bezos And Masayoshi Son's SoftBank Lead $300M Funding Round For Startup Working On Developing 'General Purpose Brain' For AI Systems | Benzinga
The artificial intelligence company Skild AI has secured a substantial $300 million in Series A funding. This investment round was led by Amazon.com Inc. founder Jeff Bezos and SoftBank Group (OTC:SFTBY) (OTC:SFTBF), led by Masayoshi Son, among others, and is aimed at developing a “general-purpose brain” for AI systems.
What Happened: Skild AI, a spinout from Carnegie Mellon, recently emerged from stealth mode to announce the successful completion of its Series A funding round, the company announced last week. The company is focused on creating an AI system that can be retrofitted into various machines and robotics devices.
The funding, which was raised at a valuation of $1.5 billion, was led by Lightspeed Venture Partners, Coatue, SoftBank Group, and Bezos through Bezos Expeditions. It also saw participation from Felicis Ventures, Sequoia, Menlo Ventures, General Catalyst, ...