10:07 AM EDT, 06/12/2025 (MT Newswires) -- (Updates with Nvidia ( NVDA ) declines to comment in the last paragraph)

Nvidia ( NVDA ) and Samsung Electronics will take minority stakes in Skild AI as part of the startup's series B funding round, Bloomberg reported late Wednesday, citing people familiar with the matter.

Nvidia ( NVDA ) is investing $25 million, with Samsung contributing $10 million, in a round that will value Skild at $4.5 billion and is led by a $100 million investment from SoftBank, the report said.

The funding will help Skild advance its robotics software, with Nvidia ( NVDA ) focusing on its "physical AI" strategy to drive future revenue through robots and autonomous vehicles, the report said.

Nvidia ( NVDA ) declined to comment to MT Newswires. Samsung and Skild AI didn't immediately respond to requests for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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