OpenAI co-founder Sutskever's new safety-focused AI startup SSI raises $1 billion
SUMMARY
Safe Superintelligence (SSI), a new AI startup co-founded by OpenAI’s former chief scientist Ilya Sutskever, has raised $1 billion in funding, valuing the company at $5 billion. Launched in June 2024, SSI focuses on developing safe AI systems that surpass human capabilities. The funds will be used to acquire computing power and hire top talent, with a team split between Palo Alto, California, and Tel Aviv, Israel. The startup's investors include major venture capital firms like Andreessen Horowitz and Sequoia Capital. SSI aims to approach AI development differently, prioritizing safety and a strong team culture over conventional scaling methods. Sutskever, along with co-founders Daniel Gross and Daniel Levy, is committed to ensuring AI remains aligned with human values. The company is exploring partnerships with cloud providers and chip companies to meet its computing needs, although no specific deals have been disclosed yet.
