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Safe Superintelligence, an Ex-OpenAI co-founder creating a safe superintelligence AI, raised $1 billion from NFDG, a16z, Sequoia, DST Global


Ex-OpenAI co-founder creating a safe superintelligence AI

September 04, 2024


Safe Superintelligence (SSI), co-founded by Ilya Sutskever, formerly of OpenAI, has secured $1 billion to develop advanced AI systems that exceed human capabilities. With a team of 10, SSI will use the funds to enhance computing power and recruit top talent, focusing on a trusted group of researchers and engineers based in Palo Alto, California, and Tel Aviv, Israel.

Project

Latest Raise

Latest Raise Date

Lead Investor

Category

Safe Superintelligence

$1B

September 4, 2024

NFDG, a16z, Sequoia, DST Global

AI, Research

Although the company did not disclose its valuation, sources estimate it at $5 billion. This significant investment highlights continued investor confidence in exceptional talent working on foundational AI research, despite a general decline in interest due to the long-term unprofitability of such ventures.


Investors include prominent venture capital firms like Andreessen Horowitz, Sequoia Capital, DST Global, and SV Angel, along with NFDG, an investment partnership led by Nat Friedman and SSI’s CEO Daniel Gross. Gross emphasized the importance of having supportive investors who understand their mission to develop safe superintelligence, with a focus on R&D before market release.


About Safe Superintelligence

Safe Superintelligence Inc. (SSI) is a company focused on creating advanced AI systems that are safe and surpass human capabilities. Co-founded by Ilya Sutskever, formerly of OpenAI, SSI has raised $1 billion to support its mission. The company operates with a small, highly trusted team of researchers and engineers based in Palo Alto, California, and Tel Aviv, Israel. Their goal is to develop a single product: a safe superintelligence.



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Ex-OpenAI co-founder creating a safe superintelligence AI

About Investor

Investors include prominent venture capital firms like Andreessen Horowitz, Sequoia Capital, DST Global, and SV Angel, along with NFDG, an investment partnership led by Nat Friedman and SSI’s CEO Daniel Gross

 

 


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