By Allen Warren. PITTSBURGH, Pennsylvania WTAE A Pittsburghbased robotics company secured millions in a recent round of venture capital funding, with even Amazon CEO Jeff Bezos chipping into the pot. Skild AI announced on Tuesday it had closed a 300 million Series A funding round. The artificial intelligence startup, which also has headquarters in San Francisco, is focused on building a robotics model it says will be general purpose enough to work with many kinds of robots. This base model would work as a sort of artificial brain that could be adapted to different realworld needs. From resilient quadrupeds mastering adverse physical conditions, to visionbased humanoids performing dexterous manipulation of objects for complex household and industrial tasks, the company s model will enable the use of lowcost robots across a broad range of industries and applications, Skild AI said in a news release. Series A funding rounds are geared toward venture capitalists looking for an established company with a chance for longterm financial success. To that point, SkildAI said in the release that this fresh capital would be used to continue scaling the company s model and training datasets for future commercial deployment of its technology. This funding round brought Skild AI s valuation up to 1.5 billion. We believe Skild AI represents a step change in how robotics will be scaled and has the potential to change the entire physical economy, company CEO and cofounder Deepak Pathak said. Among the investors were Bezos, through his firm Bezos Expeditions, and Softbank Group. Carnegie Mellon University, where Pathak and fellow cofounder Abhinav Gupta teach, also participated in this round. The startup employs a team from Meta, Nvidia, Google and other leading developers in artificial intelligence. Their local headquarters are in East Liberty, the growing nexus of Pittsburgh s AI scene. Please note: This content carries a strict local market embargo. Jump to comments . KVIA ABC 7 is committed to providing a forum for civil and constructive conversation. Please keep your comments respectful and relevant. You can review our Community Guidelines byclicking here. If you would like to share a story idea, please submit ithere. Terms of ServicePrivacy PolicyCommunity Guidelines. KVIATV FCC Public FileFCC Applications. Do Not Sell My Personal Information. Breaking NewsSevere WeatherDaily News UpdatesDaily Weather ForecastEntertainmentContests  Promotions. Accessibility Tools
Skild AI, a robotics company based in Pittsburgh, secured a 300 million Series A funding round with backing from investors like Amazon CEO Jeff Bezos. The company aims to develop a versatile robotics model that can be used across various industries. The funding will be used to scale the company's model and training datasets for future commercial deployment. This round brought Skild AI's valuation to 1.5 billion, and the company believes its technology has the potential to revolutionize the physical economy. Bezos, Softbank Group, and Carnegie Mellon University were among the investors in this funding round.