Ilya Sutskever raises $1b for AI company SSI - report

What is behind this latest effort by Ilya?

"Safe Superintelligence (SSI), the new startup of OpenAI founder and former chief scientist Ilya Sutskever, has raised $1 billion to develop safe artificial general intelligence (AGI) systems, company executives have told "Reuters."

Sutskever said in June that SSI would have offices in the US and Israeli but has disclosed no more details on the matter over the past three months. AGI or super-intelligence as Sutskever calls it, is an AI system that learns by itself and develops human and super-human abilities.

According to the "Reuters" report SSI has 10 employees and with the new funding the company will purchase powerful computers and hire a small highly trusted team of researchers and engineers split between Palo Alto and Tel Aviv, The report adds that the company has a valuation of $5 billion, even before it has developed a product or launched a beta version.

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Sutskever, who was born in Russia and immigrated to Israel when he was five, before moving on to Canada 10 years later ..."

Ilya Sutskever raises $1b for AI co SSI - report - Globes "SSI will focus on building a small highly trusted team of researchers and engineers in Palo Alto and Tel Aviv, company executives have told "Reuters."