Tech Desk 
Sep 04, 2024
OpenAI’s former co-founder ILya Sutskever developed Safe Superintelligence (SSI), the latest artificial intelligence (AI) startup that successfully raised $1 billion in cash. It’s a safety-centric AI startup adequately focused on developing secure and reliable AI systems to assist humans in performing a variety of tasks, ensuring utmost security.
Currently, SSI has just 10 employees, and it is reportedly planning to use the raised funds to hire highly talented engineers from around the world, including Palo, California.
However, the company refused to share the insight details of valuations, but reports suggested they were valued at $5 billion, highlighting the fact that investors are voluntarily making bets on overwhelming talent, which is centred on the foundation of AI research to get a valuable outcome.
Read more: OpenAI's next AI model 'Strawberry' could possess human-like reasoning
Investors who participated in SSI's fundraising
Investors include a few highly popular and top venture capital firms that are Andreessen Horowitz, Sequoia Capital, DST Global, and SSI's Chief Executive Daniel Gross, who also played a vital role in fundraising.
According to 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 of years doing R&D on our product before bringing it to market."
People are highly anticipating the forthcoming AI startup, which is soon to dominate the entire AI industry within no time, by progressing with a great approach.
