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Safe Superintelligence

Canadian Co-Founder Ilya Sutskever’s Startup SSI Secures $1B Funding

September 6, 2024 by Newsdesk

Safe Superintelligence (SSI), a startup co-founded by Canadian OpenAI co-founder Ilya Sutskever, has secured $1 billion USD in funding just three months after its launch. The funding round, led by NFDG, Andreessen Horowitz, Sequoia Capital, DST Global, and SV Angel, values the AI-focused company at $5 billion USD, according to Reuters.

SSI, which aims to advance the safe development of artificial intelligence, will use the funds to expand its team and increase computational capacity. The company will split its operations between Silicon Valley and Tel Aviv. Sutskever remains focused on AI safety as SSI’s chief scientist.

Want to know more? Check out the source code on BetaKit.

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