
Nvidia, Samsung Plan Investments in Robotics Startup Skild AI
The South Korean tech leader is making a $10 million investment in Skild, which develops software for robots, according to people with knowledge of the matter. The Santa Clara, California chipmaker is putting in $25 million, said the people, who asked not to be identified discussing unannounced plans.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
8 minutes ago
- Bloomberg
European Stocks Rise on Possible US Trade Talks; Tech Gains
European stocks ticked up on Tuesday after US President Donald Trump indicated he is open to more trade negotiations with the European Union and Nvidia Corp. said it planned to resume sales of its H20 AI chip to China after securing Washington's backing. The Stoxx Europe 600 Index rose 0.1% as of 9:24 a.m. in Paris. Tech stocks and firms involved in the chip supply chain outperformed, boosted by Trump administration's dramatic reversal on H20 AI chip sales. ASML, BE Semiconductor, STMicro and Infineon were top gainers.


Bloomberg
15 minutes ago
- Bloomberg
SMFG Said to Eye $1.1 Billion Additional Investment in Yes Bank
Sumitomo Mitsui Financial Group Inc. is considering making an additional $1.1 billion investment in Indian lender Yes Bank Ltd., people familiar with the matter said, following a previous investment made by Japan's second-biggest bank two months ago. SMFG is seeking to acquire about 5% of Yes Bank shares from US investment fund Carlyle Group Inc. and other minority shareholders, the people said, asking not to be identified because the deliberations are private. SMFG may also buy about $680 million in convertible bonds issued by Yes Bank to help boost growth, the people said.
Yahoo
16 minutes ago
- Yahoo
Fair Aim Capital Launches £30m Investment Fund to Bridge AI Transformation Gap for UK SMEs
New family-backed fund targets revenue acceleration through AI and digital marketing for mid-market businesses as 68% of UK SMEs do not use AI technologies. LONDON, July 15, 2025--(BUSINESS WIRE)--Fair Aim Capital, a newly formed family-backed investment firm, today announced the launch of its £30 million fund dedicated to acquiring and transforming UK small and medium-sized enterprises through AI implementation and digital marketing optimisation. The fund addresses a critical market gap as ONS research reveals 68% of UK SMEs do not use artificial intelligence technologies, despite SMEs representing 99.8% of all UK businesses and employing 60% of private sector workers. Furthermore, 69% have no plans to do so in the next 3 months. The investment firm will target profitable UK businesses generating £1-3 million EBITDA, acquiring majority stakes and working alongside management teams to implement AI-first operating models that accelerate revenue growth. "We're witnessing a concerning divergence in the UK economy," said Andrew Harkness, CEO of Fair Aim Capital. "Large enterprises are investing heavily in AI transformation and pulling ahead, whilst the backbone of our economy, SMEs that employ three in five workers, risk being permanently left behind. This isn't about lacking ambition; it's about lacking the capital, expertise, and bandwidth to execute meaningful change." Recent data from LinkedIn shows that amongst early AI adopters, 76% report substantial time savings and 50% achieve revenue growth exceeding 10% within 24 months, gains that successful businesses are reinvesting in innovation and customer relationships rather than workforce reductions. Fair Aim Capital plans to invest in 3-5 assets over the next 3-4 years, working as transformation partners rather than traditional financial investors, with target exits in 3-5 years. "AI transformation isn't about replacing people, it's about freeing talented teams to focus on creativity, strategy, and high-value client work that drives revenue acceleration," explained Alan Lipschitz, Founder of Fair Aim Capital, who previously led marketing technology company Incubeta to global scale before its successful exit to Carlyle in 2023. "AI-enabled businesses will command premium valuations compared to traditional operations." The fund targets business services and professional services sectors where AI applications can deliver immediate improvements to customer acquisition, customer experience and operations. "The window for transformation is closing rapidly," added Harkness, who brings 15+ years of private equity-backed leadership experience. "SMEs that act decisively in the next 12-18 months will establish competitive advantages that compound for years." About Fair Aim Capital Fair Aim Capital is a family-backed investment firm focused on acquiring and transforming UK lower mid-market businesses through AI and digital marketing driven growth. Founded by serial entrepreneur Alan Lipschitz and led by CEO Andrew Harkness, the firm combines capital with hands-on operational expertise to create long-term value for all stakeholders. View source version on Contacts Media Contact: Andrew Harkness, andrew@