Safe Superintelligence, an AI startup founded by former OpenAI chief scientist Ilya Sutskever, is reportedly negotiating for substantial funding at a valuation exceeding $20 billion. This figure marks a significant increase from last year's $5 billion valuation. Currently, the company, which has raised a total of $1 billion and boasts a team of former leading AI researchers, has not yet generated any revenue. Major investors include Sequoia Capital and Andreessen Horowitz, reflecting confidence in Sutskever's expertise and past contributions to AI advancements.
Safe Superintelligence, founded by Ilya Sutskever, is seeking funding at a valuation of at least $20 billion, reflecting significant growth since last year's $5 billion valuation.
Despite no revenue generation, the AI startup backed by notable investors aims for substantial funding, leveraging Sutskever's reputation as a pioneer in AI advancements.
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