Thu Sep 05 16:56:00 UTC 2024: – Ilya Sutskever, co-founder of OpenAI, has launched a new startup called Safe Superintelligence (SSI) focused on creating safe AI technology
– SSI has raised $1 billion in funding and has a valuation of $5 billion, despite not having a product yet
– The funding will be used to develop AI products and hire new staff
– Sutskever is focused on creating safe AI models and not rushing the development process
– AI safety has become a major concern with potential threats including election interference, privacy abuses, and cybercrime
– Sutskever’s departure from OpenAI was related to AI safety concerns and internal turmoil surrounding the company’s focus on profit over safety
– OpenAI, now valued at over $100 billion, is facing lawsuits alleging its AI technology is not safe
– Sutskever’s new startup, though overshadowed by OpenAI, has the potential to quickly catch up with its rapid funding growth.

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