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Openai co-founder Ilya Sutskever, currently has no products, raised $2 billion for an artificial intelligence startup in a deal that treasures a year ago’s company for $32 billion.
Satsukeber, who left the opening last year after a failed coup against CEO Sam Altman last year, launched a safe super intelligence with Daniel Gross, who led Apple’s AI efforts in June last year, and AI researcher Daniel Levy.
The funding round highlights the enthusiastic appetite of investors to bankroll AI startups led by well-known researchers or talented engineers. Its appetite shows little signs of decline, even in the context of the US economic uproar.
Prominent venture capital companies have participated in the latest fundraising, including Greenoaks. Greenoaks led the round with $500 million, with Lightspeed Venture Partners and Andreessen Horowitz said several people familiar with the issue. SSI last raised $1 billion at its $5 billion valuation in September.
SSI aims to create AI models that are dramatically more powerful and intelligent than current cutting edge models from rivals such as Openai, Anthropic, and Google. They have offices in Palo Alto, California and Tel Aviv, Israel.
The company has given little details about its intention to beat better rivals that fund it, but Satsucaber told the Financial Times last year that he and his team were “always able to climb a new mountain that was a little different from what they were working on before.”
The group is even touching tight with investors, several familiar people said, but the three nearby people at the company are working on their own ways of developing and scaling AI models.
Currently, large-scale language models can synthesize and reverse data. It provided consideration answers and improved its ability to perform a chain of tasks, but it failed to outperform human intelligence. People close to the company said SSI is focusing on this progress.
Sutskever co-founded Openai, served as Chief Scientist at San Francisco Group, and launched AI models and products, including the Chatbot ChatGpt, which recently launched the AI Investment Boom.
He left Openai in May and his team focused on “alignment” and ensured that AI systems that outweigh the human intelligence would act for the human interest – also disbanded.
Mira Murati, a former colleague and former Openai Chief Technology Officer, also launched a new artificial intelligence company called Thinking Machines Lab in February. The product and research organization said, “We aim to make AI systems more broadly understood, customizable and generally competent. They reportedly raise rounds of similar sizes.
SSI declined to comment.
