Ilya Sutskever Raises $1 Billion Pre-Seed for AI Safety Startup Safe Superintelligence at $5B Valuation

Sep 5, 2024, 10:34 AM

Ilya Sutskever, the former chief scientist of OpenAI, has raised $1 billion in pre-seed funding for his new startup, Safe Superintelligence. The startup, which focuses on AI safety, has achieved a reported valuation of $5 billion despite having only 10 employees and no product yet. This funding round is notable for its size, reflecting the intense competition and high valuations in the AI sector. Major investors include Sequoia, Andreessen Horowitz, and Marc Andreessen. The venture aims to address AI safety concerns and enable enterprise users to leverage AI models while maintaining data privacy.