Ilya Sutskever Startup Fundraising: $20B Valuation

Safe Superintelligence Seeks Funding at Increased Valuation

Safe Superintelligence, an artificial intelligence startup established by Ilya Sutskever, previously the chief scientist at OpenAI, is currently negotiating funding arrangements. Reports from Reuters indicate a valuation of “at least” $20 billion is being discussed.

Funding Round Details

The precise amount of capital Safe Superintelligence aims to obtain remains undisclosed, though it is anticipated to be significant. This proposed valuation represents a fourfold increase compared to the $5 billion valuation the company held in September of the previous year.

Company Overview and Founding Team

Details regarding the specific projects undertaken by Safe Superintelligence are currently limited. The company’s founding team includes Daniel Levy, a former researcher at OpenAI, and Daniel Gross, who previously led AI initiatives at Apple.

To date, Safe Superintelligence has secured $1 billion in funding from prominent investors.

Investor Base

• Sequoia Capital
• Andreessen Horowitz
• DST Global

Ilya Sutskever's Background

Ilya Sutskever is a highly regarded figure within the AI community and the broader technology sector. His contributions at OpenAI were instrumental in achieving key advancements in artificial intelligence.

He is particularly recognized for his work on the technical foundations that enabled the creation of ChatGPT.