OpenAI co-founder and former chief scientist Ilya Sutskever, who exited the company in May after a power struggle with CEO Sam Altman, has raised $1 billion for his new venture, Safe Superintelligence (SSI). The cash infusion from major Silicon Valley venture capital firms including Andreessen Horowitz, Sequoia Capital, DST Global, SV Angel and NFDG has resulted in a $5 billion valuation for the startup. As its name implies, SSI is focused on developing artificial intelligence that does not pose a threat to humanity, a goal that will be pursued “in a straight shot” with “one product,” Sutskever has stated. Continue reading Safe Superintelligence Raises $1 Billion to Develop Ethical AI

Based on the premise that it is impractical to deploy an all-purpose LLM for specific use cases, a group of researchers from Google, Baidu, DeepMind and Meta founded Reka AI in July 2022. A year later the company has emerged from stealth mode with news of $58 million in Series A funding led by DST Global and Radical Ventures. Strategic partner Snowflake Ventures also participated, along with angel investor Nat Friedman, former CEO of GitHub. The Sunnyvale, California-based startup says it is building “enterprise-grade state-of-the-art AI assistants for everyone, regardless of language and culture.” Continue reading Reka AI Raises $58 Million to Customize LLMs for Enterprise

Facebook chief executive Mark Zuckerberg announced an upcoming suite of new audio products including a push into podcasting and Live Audio Rooms, an audio-only version of the Rooms videoconferencing product, intended to rival the popular Clubhouse audio app. Live Audio Rooms will roll out this summer as a test to public figures and groups. Users will be able to record and distribute their conversations and eventually charge for access to the rooms via a one-time fee or subscription. Meanwhile, Clubhouse closed a new Series C funding round. Continue reading Facebook Reveals Audio Products, Including Clubhouse Rival