• Home 1
  • Privacy Policy
LSD News
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
  • Home
  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
No Result
View All Result
LSD News
No Result
View All Result
Home Tech

OpenAI co-founder Ilya Sutskever raises $1 billion for his new AI firm

by
September 4, 2024
in Tech
0
OpenAI co-founder Ilya Sutskever raises  billion for his new AI firm
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Ilya Sutskever, Russian Israeli-Canadian computer scientist and co-founder and chief scientist of OpenAI, speaks at Tel Aviv University in Tel Aviv, June 5, 2023.

Jack Guez | AFP | Getty Images

OpenAI co-founder Ilya Sutskever, who left the artificial intelligence startup in May, has raised $1 billion from investors for his new AI company, Safe Superintelligence (SSI).

The company announced in a post on X that investors included Andreessen Horowitz, Sequoia Capital, DST Global and SV Angel, as well as NFDG, an investment partnership co-run by SSI executive Daniel Gross.

“We will pursue safe superintelligence in a straight shot, with one focus, one goal, and one product,” Sutskever wrote on X in May to announce the new venture.

Sutskever was OpenAI’s chief scientist and co-led the company’s Superalignment team with Jan Leike, who also left in May to join rival AI firm Anthropic. Shortly after their departures, OpenAI disbanded the team, just one year after it announced the group. Some of the team members were reassigned to other teams within the company, a source familiar with the situation told CNBC at the time.

Leike wrote in a post on X at the time that OpenAI’s “safety culture and processes have taken a backseat to shiny products.”

Sutskever started SSI with Daniel Gross, who oversaw Apple‘s AI and search efforts, and former OpenAI employee Daniel Levy. The company has offices in Palo Alto, California, and Tel Aviv, Israel.

“SSI is our mission, our name, and our entire product roadmap, because it is our sole focus,” the company posted on X. “Our singular focus means no distraction by management overhead or product cycles, and our business model means safety, security, and progress are all insulated from short-term commercial pressures.”

Sutskever was one of the OpenAI board members involved in the temporary ouster of co-founder and CEO Sam Altman in November.

In November, OpenAI’s board said in a statement that Altman had not been “consistently candid in his communications with the board.” The issue quickly came to look more complex. The Wall Street Journal and other media outlets reported that Sutskever trained his focus on ensuring that artificial intelligence would not harm humans, while others, including Altman, were instead more eager to push ahead with delivering new technology.

Almost all of OpenAI’s employees signed an open letter saying they would leave in response to the board’s action. Days later, Altman was back at the company.

Following Altman’s sudden ouster and before his quick reinstatement, Sutskever publicly apologized for his role in the ordeal.

“I deeply regret my participation in the board’s actions,” Sutskever wrote in a post on X on Nov. 20. “I never intended to harm OpenAI. I love everything we’ve built together and I will do everything I can to reunite the company.”

Tags: Artificial intelligencebillionBreaking News: Technologybusiness newscofounderFirmGenerative AIIlyaOpenAIraisessam altmanSutskeverTechnology
Previous Post

Bitcoin Breakout: Pundit Shows Similarities Between 2023 And 2024

Next Post

These 6 largecap stocks hit fresh 52-week highs; rallied up to 15% in a month – Against The Tide

Next Post
These 6 largecap stocks hit fresh 52-week highs; rallied up to 15% in a month – Against The Tide

These 6 largecap stocks hit fresh 52-week highs; rallied up to 15% in a month - Against The Tide

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 139 Followers
  • 23.9k Followers
  • 99 Subscribers
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
Hawaii officials work to address mental health challenges facing wildfire survivors

Hawaii officials work to address mental health challenges facing wildfire survivors

August 17, 2023
Wegovy heart health data is promising — but insurers face long road, high cost to cover obesity drugs

Wegovy heart health data is promising — but insurers face long road, high cost to cover obesity drugs

August 10, 2023
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

July 16, 2023
Gen Z is the worst at connecting with their grandparents, but building a better relationship could help fight loneliness. How to start

Gen Z is the worst at connecting with their grandparents, but building a better relationship could help fight loneliness. How to start

October 7, 2023
Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

Tech layoffs in Southeast Asia mount as unprofitable startups seek to extend their runways

5
Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

Contact lens maker faces lawsuit after woman said the product resulted in her losing an eye

5
Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

Why Cristiano Ronaldo’s move to Saudi Arabia means so much for the Gulf monarchy’s sporting ambitions | CNN

3
Georgia realtor receives invitation to play the Masters by mistake | CNN

Georgia realtor receives invitation to play the Masters by mistake | CNN

1
Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

May 9, 2025
FAA announces new air traffic control system in hope of taming busy skies

FAA announces new air traffic control system in hope of taming busy skies

May 9, 2025
Laura Loomer Targets Trump’s Pick for Surgeon General as Kennedy Pushes Back

Laura Loomer Targets Trump’s Pick for Surgeon General as Kennedy Pushes Back

May 9, 2025
Will the escalating India-Pakistan conflict continue to rattle stock market?

Will the escalating India-Pakistan conflict continue to rattle stock market?

May 9, 2025

Recent News

Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

May 9, 2025
FAA announces new air traffic control system in hope of taming busy skies

FAA announces new air traffic control system in hope of taming busy skies

May 9, 2025
Laura Loomer Targets Trump’s Pick for Surgeon General as Kennedy Pushes Back

Laura Loomer Targets Trump’s Pick for Surgeon General as Kennedy Pushes Back

May 9, 2025
Will the escalating India-Pakistan conflict continue to rattle stock market?

Will the escalating India-Pakistan conflict continue to rattle stock market?

May 9, 2025

We bring the latest news from all over the world and get all time updated you

Follow Us

Browse by Category

  • Business
  • Crypto News
  • Finance
  • Health
  • Politics
  • Sports
  • Stock
  • Tech
  • Travel
  • Uncategorized

Recent News

Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

May 9, 2025
FAA announces new air traffic control system in hope of taming busy skies

FAA announces new air traffic control system in hope of taming busy skies

May 9, 2025
No Result
View All Result
  • Home 1
  • Privacy Policy

© 2024 LSD News title="Jegtheme">Jegtheme.