CB Insights September 5, 2024
OpenAI co-founder Ilya Sutskever’s AI startup Safe Superintelligence (SSI) recently raised $1B, but it’s only the latest in an unprecedented run of billion-dollar AI funding rounds.
What you need to know:
- The OpenAI co-founder’s AI safety startup has raised $1B, reflecting the industry divide on AI risks — and the rush to back the next tech giant.
- SSI’s deal marks the 9th $1B+ AI equity round of the year, following record levels of AI investment in Q2’24.
OpenAI co-founder Ilya Sutskever’s AI startup Safe Superintelligence (SSI) recently announced it had raised $1B at a $5B valuation.
SSI has just 10 employees and was only founded in June 2024, with plans to develop safety-focused AI systems....
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