Safe Superintelligence Eyes $20B Valuation in New Funding Talks

The AI startup, co-founded by ex-OpenAI scientist Ilya Sutskever, seeks to advance safe AI development while avoiding short-term commercial pressures.

• Safe Superintelligence (SSI) is reportedly in early discussions to raise funding at a valuation of at least $20 billion, a fourfold increase from its $5 billion valuation in September 2024.
• The company, co-founded by Ilya Sutskever, Daniel Gross, and Daniel Levy, has yet to generate revenue but has already raised $1 billion from major investors like Sequoia Capital and Andreessen Horowitz.
• SSI focuses on developing AI systems that prioritize safety and alignment with human values, adopting a 'scaling in peace' approach to avoid immediate commercial pressures.
• The reported fundraising effort reflects growing investor interest in ethical AI development, despite disruptions in the market from cost-effective AI models like those from Chinese startup DeepSeek.
• SSI's secretive operations and the reputation of its founders, particularly Sutskever's contributions to major AI breakthroughs, have drawn significant attention from the AI and tech communities.

3 Articles

Wall Street Pit TechCrunch