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

Ilya Sutskever — who last month exited his post as chief scientist at OpenAI after a highly publicized power struggle with CEO Sam Altman — has launched a new AI company, Safe Superintelligence Inc. Sutskever’s partners in the new venture are his former OpenAI colleague Daniel Levy and Daniel Gross, who founded the AI startup Cue, which was acquired by Apple where Gross continued in an AI leadership role. “Building safe superintelligence (SSI) is the most important technical problem of our​​ time,” the trio posted on the company’s one-page website, stating its goal is to “scale in peace.” Continue reading Sutskever Targets Safe Superintelligence with New Company