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Ilya Sutskever’s startup, Safe Superintelligence, raises $1B

From TechCrunch

By Kyle Wiggers

September 4, 2024

Ilya Sutskever’s startup, Safe Superintelligence, raises $1B

Ilya Sutskever’s startup, Safe Superintelligence, raises $1B

Safe Superintelligence (SSI), the AI startup co-founded by former OpenAI chief scientist Ilya Sutskever, has raised over $1 billion in capital from investors including NFDG (an investment partnership run by Nat Friedman and SSI CEO Daniel Gross), a16z, Sequoia, DST Global and SV Angel.

SSI told Reuters that it plans to use the round to acquire computing power and hire researchers and engineers split between Palo Alto and Tel Aviv. As to what exactly they’ll research, SSI isn’t saying quite yet.

Reuters, citing a source familiar, says that the new funding values SSI at $5 billion.

Prior to SSI, Sutskever headed the now-dismantled Superalignment team at OpenAI, which focused on general AI safety research. Sutskever quietly departed OpenAI months after a highly-publicized fallout between him, several former OpenAI board members and OpenAI CEO Sam Altman over what Sutskever has referred to as a “breakdown in communications.”

View original article on techcrunch.com

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