Report: Ilya Sutskevers startup in talks to fundraise at roughly $20B valuation
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In BriefPosted:8:06 AM PST February 7, 2025Image Credits:JACK GUEZ/AFP / Getty ImagesReport: Ilya Sutskevers startup in talks to fundraise at roughly $20B valuationSafe Superintelligence, the AI startup founded by former OpenAI chief scientist Ilya Sutskever, is in talks to raise funding at a valuation of at least $20 billion, according to Reuters.Its not clear how much Safe Superintelligence which has yet to generate any revenue is looking to secure, but it could be substantial. The new figure is 4x the $5 billion valuation the company held last September.Little is known about Safe Superintelligences work. The company, which also counts ex-OpenAI researcher Daniel Levy and former Apple AI projects lead Daniel Gross among its founding team, has raised $1 billion so far. Existing investors include Sequoia Capital, Andreessen Horowitz, and DST Global.Sutskever is widely respected in the AI and wider tech industry. Hes credited with contributing to major AI breakthroughs while at OpenAI, including the technical approach that made ChatGPTs development possible.Topics
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