PYMNTS.com September 4, 2024
Safe Superintelligence, the company co-founded by OpenAI veteran Ilya Sutskever, has reportedly raised $1 billion.
The company plans to use the funds to boost its computing power and hire talent, management told Reuters in an interview published Wednesday (Sept. 4). Safe Superintelligence (SSI) declined to share its valuation, though sources told Reuters the firm is valued at $5 billion.
Investors in the round included high-profile venture capital outfits like Andreessen Horowitz and Sequoia, along with NFDG, an investment partnership run in part by SSI CEO Daniel Gross.
“It’s important for us to be surrounded by investors who understand, respect and support our mission, which is to make a straight shot to safe superintelligence and in particular to spend a couple...
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