Illya Sutskever’s startup Safe Superintelligence (SSI) seeks funding of billions-quadrupling the company’s previous USD 5 billion valuation.
The tech world is in a state of flux with one innovation superseding the other in no time.
Right when DeepSeek has gained popularity, reducing nearly $600 billion from Nvidia’s market capitalization, some tech giants are still making a mark – SSI is an example.
Safe Superintelligence Inc. is a high-profile artificial intelligence startup launched by former OpenAI Chief Scientist, Ilya Sutskever. It is seeking funds valued at $20 billion.
This fundraising initiative will help tap into the ability of high-profile AI ventures to continue succeeding in premium valuations.
Sutskever believes that developers struggle to source the evolving high-quality training data necessary to enhance LLMs’ output quality. There are limited details available about how SSI plans will build models to overcome this shortcoming.
The potential fundraising is under scrutiny in the AI sector as a result of lower-cost AI models from DeepSeek. SSI’s fundraising discussions are in the early stages, with terms under negotiation.
But this large fund could be a huge turning point for the start-up, probably coming up with breakthroughs.