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Benzinga
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Nvidia, SoftBank Target 'Robot Brain' Maker In Potential $14 Billion Deal

1. Nvidia and SoftBank plan to invest over $1 billion in Skild AI. 2. Skild AI's valuation could rise to $14 billion if funding succeeds. 3. Robotics sector sees increased government and investor interest in AI technologies. 4. Nvidia shares slightly increased by 1.11% during early trading. 5. SoftBank's robotics strategy remains central amidst broader industry growth initiatives.

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FAQ

Why Bullish?

Nvidia's investment in Skild AI indicates confidence in the growth of robotics and AI sectors. Similar historical investments often lead to positive stock performance for tech firms involved.

How important is it?

The potential partnership and funding round highlight Nvidia's strategic positioning in robotics, likely driving investor interest and stock performance.

Why Long Term?

As robotics and AI gain significance, Nvidia's early investments may yield benefits over several years, similar to how early investments in AI have greatly appreciated.

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