Safe Superintelligence Inc. Raises $1 Billion to Pioneer Safe AI, Valued at $5 Billion
September 4, 2024Brandon Purcell from Forrester Research noted that while SSI and OpenAI are theoretically competitors, their approaches to achieving artificial general intelligence (AGI) are fundamentally different.
Despite a general decline in interest in funding AI startups, SSI's funding demonstrates ongoing investor belief in the importance of model safety and exceptional talent in AI development.
Safe Superintelligence Inc. (SSI), co-founded by former OpenAI chief scientist Ilya Sutskever, has successfully raised $1 billion in funding, reflecting strong investor confidence in foundational AI research.
The startup, which currently employs 10 people, is focused on acquiring computing power and hiring top talent, with operations based in Palo Alto, California, and Tel Aviv, Israel.
Post-funding, SSI is valued at approximately $5 billion, although the company has not officially confirmed this valuation.
Jan Leike, a notable member of the Superalignment team, has criticized OpenAI's evolving safety culture after leaving for rival firm Anthropic.
Sutskever plans to collaborate with cloud providers and chip companies to meet its computing needs, although specific partnerships have yet to be established.
SSI prioritizes hiring individuals with 'good character' and extraordinary capabilities over traditional credentials, aiming to build a strong team.
The company emphasizes a singular focus on safety and security, distancing itself from short-term commercial pressures that have disillusioned others in the AI field.
Founded in June 2024, SSI aims to develop a 'safe' artificial superintelligence while avoiding commercialization strategies that led to previous frustrations among its founders.
While there is no scientific definition for 'superintelligence,' SSI is dedicated to creating an AI model that significantly outperforms average human capabilities.
The ongoing debate over AI safety regulations in California has raised concerns among companies like OpenAI, while others, such as Anthropic, support these measures.
Summary based on 23 sources
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Sources
TechCrunch • Sep 4, 2024
Ilya Sutskever's startup, Safe Superintelligence, raises $1B | TechCrunchThe Verge • Sep 4, 2024
OpenAI cofounder raises $1 billion for his OpenAI rival.CNBC • Sep 4, 2024
OpenAI co-founder Ilya Sutskever raises $1 billion for his new AI firmVentureBeat • Sep 4, 2024
Ex-OpenAI co-founder’s new Safe Superintelligence startup raises $1B in three months