Safe Superintelligence Secures Additional $2 Billion in Funding
Funding Round Led by Greenoaks
Safe Superintelligence (SSI), the AI startup led by OpenAI’s co-founder and former chief scientist Ilya Sutskever, has raised an additional $2 billion in funding at a $32 billion valuation, according to the Financial Times. This brings the total amount of funding raised by the startup to $3 billion.
Background on SSI
SSI had already raised $1 billion, and there were reports that an additional $1 billion round was in the works. SSI did not comment on the new funding, which was reportedly led by Greenoaks. The startup was founded by Sutskever, Daniel Gross, and Daniel Levy, who stated that the company had “one goal and one product: a safe superintelligence.”
About Ilya Sutskever
Sutskever left OpenAI in May 2024 after he appeared to play a role in an ultimately failed attempt to oust CEO Sam Altman. Prior to leaving OpenAI, Sutskever was the co-founder and chief scientist of the company, which is known for its work on artificial general intelligence (AGI).
Product Development
That product is presumably still in the works, with SSI’s website little more than a placeholder with a mission statement. SSI has not provided any updates on the development of its safe superintelligence product.
Conclusion
The additional funding will likely be used to further develop SSI’s safe superintelligence product. With a $32 billion valuation, SSI is now one of the most valuable AI startups in the world. The company’s goal of creating a safe superintelligence is a significant challenge, and it will be interesting to see how SSI approaches this problem.
Frequently Asked Questions
Q: What is Safe Superintelligence (SSI)?
A: SSI is an AI startup led by OpenAI’s co-founder and former chief scientist Ilya Sutskever.
Q: How much funding has SSI raised?
A: SSI has raised a total of $3 billion in funding, with the latest round valued at $32 billion.
Q: What is SSI’s product?
A: SSI has stated that its product is a safe superintelligence, but it has not provided any updates on the development of the product.
Q: Who is Ilya Sutskever?
A: Sutskever is the co-founder and former chief scientist of OpenAI, and he left the company in May 2024.