Safe Superintelligence (SSI), AI Startup, which was founded by Openai founder and former chief scientist Elijah Sutskfar, is holding money raising money in the company’s evaluation of at least $ 20 billion, according to Reuters reports, according to four sources.
This is four times the assessment of the finished financing round last September, when the company raised about one billion dollars of a prominent consortium investor that guaranteed Sequoia, Andrink Horwitz, DST Global, SV Angel and NFDG, with a rating of $ 5 billion.
According to the Reuters report, the company’s talks with current and new investors are still in the early stages and the conditions may change. In addition, it is not clear after the amount targeted by Sutzkever in the current financing round.
SSI did not respond to the Reuters report.
To date, the company is working surreptitiously and playing its papers near its chest. According to what was reported, the company was established in June 2024 and said it was planning to work from offices in Palu Alto and Tel Aviv. From the founders of Sutzkever Daniel Gross, a former Israeli who led Amnesty International’s initiatives at Apple, as well as Daniel Levy, who was previously working as a researcher in Openai.
Tel Aviv operations are represented by the company by ADV. Amir Raz, who recorded the company in Israel.
“The new research direction
In addition to saying that she is developing a safe AI technology, little is known about secret startup activities. At the NeuPS conference, the leading conference in the world for automatic learning, which was held last December, Sutzkever criticized the current approach in this field, as improving artificial intelligence models mainly depend on increasing the amount of data and model devices. “We have come to peak data and there will be no one anymore. We have to do with the data we have. There is only one internet” to expand the databases. The 38 -year -old also defined the new search as a “new climbing mountain”, but he refused to reveal more details.
According to the sources familiar with the details of the collection of donations last September, the company, which has not yet generated revenues, explained to investors not to expect profits in the short term. In a presentation of potential investors, SSI confirmed “calm expansion” plans with the separation of progress from commercial pressure.
The current round will be a test for the entire industry, after Deepsek shook the markets of the market two weeks ago, providing an advanced model that is supposed to depend on a very low investment. Nevertheless, the capital raising in this field does not appear any signs of slowdown: Openai in talks to double its evaluation to $ 300 billion, while the competing anthropologist closes a tour of $ 60 billion.
It was published by Globes, Israel Business News – En.globes.co.il – on February 9, 2025.
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