Reported 3 days ago
Safe Superintelligence (SSI) is negotiating to raise more than $1 billion at a valuation surpassing $30 billion, led by Greenoaks Capital Partners, which intends to invest $500 million. Co-founded by Ilya Sutskever, SSI aims to develop safe superintelligent AI while aligning with human values, despite not having generated revenue yet. This valuation reflects an increase from its previous figure of $5 billion after a funding round in September 2024.
Source: YAHOO