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Founded by former OpenAI co-founder Ilya Sutskever, the AI startup SSI (Safe Superintelligence) is currently in negotiations for a new round of funding, expected to value the company at $20 billion, quadrupling its valuation from last September. Although SSI has yet to generate any revenue, this hefty valuation reflects investors' confidence in its potential to develop transformative AI technologies. Unlike other AI companies, SSI focuses on safety.

The company SSI, founded by Ilya Sutskever, has completed $1 billion in funding within three months of its establishment, achieving a valuation of $5 billion. The SSI team consists of only 10 people, with the goal of achieving safe superintelligence. The initial funding round attracted well-known investors such as Andreessen Horowitz, Sequoia Capital, DST Global, and SV Angel. SSI focuses on research and development, planning to meet the demand for computing power through partnerships with cloud service providers and chip manufacturers. The company adopts a traditional profit model.

Safe Superintelligence (SSI) was founded by former OpenAI Chief Scientist Ilya Sutskever, aiming to develop safe AI systems that surpass human capabilities. The company has raised $1 billion and is valued at $5 billion, focusing on the research and development of AI safety and superintelligent technologies rather than rushing to market. SSI values integrity and potential in its hiring principles, aiming to ensure that AI technology serves humanity and reduces risks through innovative thinking.

Ilya Sutskever, one of the co-founders and former chief scientist of OpenAI, has launched a new company, Safe Superintelligence Inc. (SSI), just one month after his departure, alongside two former colleagues. The company focuses on addressing safety issues related to 'superintelligent' AI systems.