PYMNTS.com September 5, 2024
The artificial intelligence sector remains a focal point for investors and tech companies, as evidenced by three announcements this week.
A startup focused on AI safety founded by a former OpenAI executive secured $1 billion in funding, while an AI productivity platform raised $50 million. A major hardware provider reported robust quarterly earnings results, citing demand for AI-related systems.
AI Startup Raises $1 Billion to Develop Safe Superintelligence
Safe Superintelligence (SSI), a startup focused on creating advanced AI with built-in safety measures, secured $1 billion in funding from venture capital firms, according to a Wednesday (Sept. 4) announcement on its website.
The U.S. company was founded by former OpenAI Chief Scientist Ilya Sutskever and entrepreneurs Daniel Gross and Daniel Levy....
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