Safe Superintelligence is an AI startup founded by former Openai chief scientist Ilya Sutskever, and could raise more than $1 billion at a $30 billion valuation.
Bloomberg reports that VC company Greenoaks Capital Partners is leading the contract and pledging to invest $500 million. If the terms of the round remain unchanged, funding will increase Safe Superintelligence total to approximately $2 billion.
Sutskever is widely respected for its AI and wider technology. He is believed to have contributed to major AI breakthroughs at Openai, including the technical approach that enabled the development of ChatGpt.
Safe Superintelligence, a former Openi researcher, Daniel Levy and former Apple AI project, led Daniel Gross in the founding team and raised funds from Sequoia Capital, Andreessen Horowitz and DST Global. It hasn't made any profit yet and is not planning to sell AI products in the near future.