The Carnegie Mellon University business, Skild AI, completed a $300 million Series A fundraising round last week. The business is worth $1.5 billion after this financing.

Renowned investors Lightspeed Venture Partners and Coatue spearheaded the fundraising. A number of well-known investors, including Felicis Ventures, Sequoia, Menlo Ventures, General Catalyst, CRV, Amazon, SV Angel, and Carnegie Mellon University, joined in as well, including Jeff Bezos and SoftBank.

The goal of Skild AI is to create “artificial general intelligence” (AGI), or an AI system that can adjust to different robotic and machine components. The business wants to develop an AI that, with enough power and appropriate connections, can function as a seamless integration into a variety of gadgets.

This puts Skilled AI in the same competitive arena as OpenAI and Anthropic AI for businesses looking to develop sophisticated AI. But what makes Skild AI unique is that it focuses on deploying AI in real-world robotics and devices.

Major IT investors are involved, indicating a considerable interest in the business’s strategy, even though the company hasn’t revealed many details about its plans or collaborations. Given Amazon’s extensive resources in cloud computing and AI infrastructure, the presence of Jeff Bezos and the company has generated conjecture about possible future partnerships.

Skild AI is expected to need a substantial amount of computer power as it develops its modular artificial “brain.” This might result in collaborations with semiconductor companies or the application of cutting-edge cloud services.