Home ยป Secure Superintelligence Ventures Embarking on Fresh Funding Round, Business Value Surging Past $30 Billion USD

Secure Superintelligence Ventures Embarking on Fresh Funding Round, Business Value Surging Past $30 Billion USD

Reportedly, Safe Superintelligence or SSI, an artificial intelligence company founded by Ilya Sutskever, former chief scientist and co-founder of OpenAI, is in the process of securing funding from investors totaling more than $1 billion, with SSI’s valuation exceeding $30 billion. Greenoaks Capital Partners is leading this investment round.

In September, SSI raised over $1 billion from investors, valuing the company at $5 billion. This new round of funding has significantly increased the company’s valuation by several multiples.

Since its inception, SSI has announced its vision to create safe artificial intelligence as its sole product, as reflected in the company’s name. To date, the company has not released any products or models to the public.

Source: Silicon Angle

TLDR: Safe Superintelligence, founded by Ilya Sutskever, is raising over $1 billion in funding with a valuation exceeding $30 billion, focusing on developing safe artificial intelligence products.

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