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A new tech startup co-founded by OpenAI's former chief scientist Ilya Sutskever announced last week that it had raised $1 billion in cash to fund the development of safe artificial intelligence systems.
Sutskever co-founded a company called Safe Superintelligence (SSI) with fellow OpenAI veteran Daniel Levy and former Apple AI head Daniel Gross.
“We launched the world's first Straight Shot SSI Lab with one goal and one product: Safe Superintelligence,” the company posted on social media in June.
The company said it plans to achieve its goals through “innovative engineering and scientific breakthroughs” without getting bogged down in “management overhead and product cycles.”
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Daniel Gross, Ilya Sutskever and Daniel Levy co-founded the AI company Safe Superintelligence. (SSI/REUTERS/Distributed via Reuters)
Gross told Reuters it was important to find investors who shared the goal of creating a safe superintelligence.
“It's important to us to be surrounded by investors who understand, respect and support our mission, which is to move headfirst into safe superintelligence, especially as we spend years of research and development before bringing a product to market,” Gross told the outlet.
Ilya Sutskever is the former chief scientist at OpenAI. (Reuters/Amir Cohen/Reuters)
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Investors include venture capital firms such as Andreessen Horowitz, Sequoia Capital and SV Angel.
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The company is valued at $5 billion, a source familiar with the matter told Reuters.
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According to the media, SSI currently has 10 employees and plans to spend $1 billion to recruit top AI talent for its offices in Palo Alto, California, and Tel Aviv, Israel.
