AI Funding On the Rise: Safe Superintelligence Inc. Raises $1B+

13/09/2024

Former OpenAI Chief Scientist Ilya Sutskever has secured over $1 billion in funding for his new AI venture, SSI, to develop safe superintelligent AI models. At the same time, graphics giant NVIDIA is investing heavily in two promising AI startups:

✅ SSI: $1B+ raised, valued at $5B, focusing on safe superintelligence
✅ Sakana AI: $100M+ Series A for nature-inspired, efficient language models
✅ You.com: $50M Series B for productivity-boosting AI chatbots

SSI’s key investors include Sequoia Capital, DST Global, Andreessen Horowitz, and SV Angel. New Enterprise Associates (NEA) led Sakana AI’s round, while You.com‘s was led by Georgian.

At GlenFlow, we’re always excited to see significant investment into the diverse applications for AI – these new developments show the value and innovation that advanced AI technologies can bring. This funding wave underscores the importance of AI, with growing potential for groundbreaking advancements across multiple sectors in the near future.