IBL News | New York
The new start-up, Safe Superintelligence (SSI), co-founded by Ilya Sutskever and currently with ten employees, raised $1 billion in cash on a valuation of $5 billion.
Investors included top VC firms such as Andreessen Horowitz, Sequoia Capital, DST Global and SV Angel. NFDG, an investment partnership run by Nat Friedman and SSI’s Chief Executive Daniel Gross, also participated.
The funds will be used to acquire computing power and build a small team of researchers and engineers between Palo Alto and Tel Aviv. SSI plans to spend a couple of years doing R&D on the product before bringing it to market.
Ilya Sutskever, OpenAI’s former chief scientist and one of the most influential technologists in AI [in the center of the picture], told Reuters that his company plans to develop safe artificial intelligence systems that surpass human capabilities.
AI safety refers to preventing AI from causing harm amid fears that rogue AI could act against humanity’s interests or cause human extinction.
