OpenAI Co-founder Ilya Sutskever raises $1 Bn for new AI startup
By MYBRANDBOOK
OpenAI co-founder and former chief scientist, Ilya Sutskever has raised USD 1 billion in funding for his new artificial intelligence venture, Safe Superintelligence (SSI). Based in Palo Alto, California, and Tel Aviv, Israel, the company will look to develop AI with a strong focus on safety.
Investors in the venture include prominent firms such as Andreessen Horowitz, Sequoia Capital, DST Global, and SV Angel, as well as NFDG, a partnership co-run by SSI executive Daniel Gross.
Sutskever, who left OpenAI in May 2024, co-founded SSI with Gross, a former leader in Apple’s AI and search efforts, and Daniel Levy, another ex-OpenAI employee.
In a post announcing the new venture, Sutskever stated that SSI’s primary mission is to focus on developing safe superintelligence, free from the distractions of management overhead or product cycles. He emphasized that the company is structured to operate without the short-term commercial pressures that often burden tech startups.
Sutskever’s departure from OpenAI followed a turbulent period at the organization. In November 2023, he played a role in the controversial removal of OpenAI CEO Sam Altman, a decision that triggered significant internal dissent. While OpenAI’s board cited concerns about Altman’s transparency, Sutskever was reportedly focused on ensuring AI safety—a priority that may have conflicted with Altman’s push for rapid technological progress.
The situation escalated when nearly all OpenAI employees threatened to resign, leading to Altman’s prompt reinstatement. Altman later publicly apologized, expressing regret for his part in the episode and his desire for the company to unify once more.
BREAKING NEWS
TECHNO TRENDS
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
E-Magazine
TECHNOTAINMENT
Netflix adds 'Moments' feature for saving, sharing scenes from
Netflix has introduced a new “Moments” feature on its mobile app, whic
Jacqueline Fernandez come together with YouTuber Mr. Beast for
Jacqueline Fernandez has partnered with American YouTuber Mr. Beast to b
MOVERS & SHAKERS
Visa elevates Rishi Chhabra as new Country Manager for India
Rishi holds a Master’s in Industrial Engineering from The Ohio State Univ
Genesys welcomes Albert Nel as Senior VP and Regional Sales Le
Genesys continues to deepen its investment in the APAC region. Earlier this
OPEN YOUR EYES
INTERVIEWS
Delivering Critical Business Communication Solutions to Enterp
Arya Omnitalk and Syntel’s comprehensive suite of solutions and more than
AMD Pensando driving innovation in the DPU architecture space
AMD Pensando stands out in the DPU (Data Processing Unit) market with its u
HOT PICK
SonicWall Launches TZ80: A Powerful Solution for Remote Office
SonicWall announced today the launch of the TZ80, a groundbreaking securit
Gigabyte X3D Turbo: A Gaming Revolution
GIGABYTE X3D Turbo Mode is a cutting-edge feature that unifies cores distr
MAKE IN INDIA BRANDS
SECUREYE SERVICES PVT. LTD.
BPE INDIA PVT. LTD.
BHARAT ELECTRONICS LTD.
VEHERE INTERACTIVE PVT. LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
ICONS OF INDIA : SUNIL BHARTI MITTAL
Sunil Bharti Mittal is the Founder and Chairman of Bharti Enterprises,...
ICONS OF INDIA : RITESH AGARWAL
Ritesh Agarwal is an Indian billionaire entrepreneur and the founder a...
Icons Of India : MADHABI PURI BUCH
Madhabi Puri Buch is the first-female chairperson of India’s markets...
PARTNER SPEAKERS
PSU
BEL - Bharat Electronics Limited
BEL is an Indian Government-owned aerospace and defence electronics co...
HPCL - Hindustan Petroleum Corporation Ltd.
HPCL is an integrated oil and gas company involved in refining, market...
CSC - Common Service Centres
CSC initiative in India is a strategic cornerstone of the Digital Indi...
VIDEOS
Top 25 Brands
Global Indian industry
Indian Tech Talent Excelling The Tech World - JAY CHAUDHRY, CEO – Zscaler
Jay Chaudhry, an Indian-American technology entrepreneur, is the CEO a...
Indian Tech Talent Excelling The Tech World - George Kurian, CEO, Netapp
George Kurian, the CEO of global data storage and management services ...
Indian Tech Talent Excelling The Tech World - Dheeraj Pandey, CEO, DevRev
Dheeraj Pandey, Co-founder and CEO at DevRev , has a remarkable journe...
STARNITE AWARDS 2024
ITFORUM 2024
CMO of the Year
WOMEN LEADERSHIP
IMAGE GALLERY
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
