Safe Superintelligence (SSI), founded by Ilya Sutskever, has secured billion-dollar funding with a $30B valuation, focusing solely on AI.

Ilya Sutskever left OpenAI less than a year ago, but his new AI startup, Safe Superintelligence, is in the process of raising $1 billion. A new artificial intelligence company from one of the cofounders of OpenAI is quickly becoming one of the most highly valued AI firms in an increasingly crowded marketplace.

Safe Superintelligence, an AI startup founded by former OpenAI chief scientist Ilya Sutskever, could be close to raising more than $1 billion at a $30 billion valuation.

Safe Superintelligence Inc., a company co-founded by former OpenAI employee and co-founder Ilya Sutskever is reportedly in the process of raising a new round of more than $1 billion on a valuation of more than $30 billion.

OpenAI co-founder Ilya Sutskever is raising more than $1 billion for his startup at a valuation of over $30 billion, according to a person familiar with the matter — vaulting the nascent venture into the ranks of the world’s most valuable private technology companies.

Ilya Sutskever's AI startup, Safe Superintelligence (SSI), is raising over $1 billion in funding, skyrocketing its valuation to over $30 billion, making it one of the most valuable private AI companies.

Safe Superintelligence (SSI), the AI startup founded last year by OpenAI founder and former chief scientist Ilya Sutskever, is in talks to raise over $1 billion at a company valuation of over $30 billion, "Bloomberg" reports, according to a person "who asked not to be identified discussing private information."