Overview

• Safe Superintelligence (SSI), an AI startup founded by Ilya Sutskever, is reportedly close to raising over $1 billion, led by Greenoaks Capital Partners.
• The funding round would elevate SSI's valuation to over $30 billion, up from $5 billion in its last round in September 2024.
• SSI's mission is to create a 'safe superintelligence,' with no immediate plans to release products or generate revenue.
• The startup was co-founded in June 2024 by Sutskever, Daniel Gross, and Daniel Levy following Sutskever's departure from OpenAI.
• SSI's valuation would make it one of the most valuable private AI companies, alongside competitors like Anthropic, xAI, and Perplexity AI.