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New AI startup recently co-founded by ex-OpenAI executive, Ilya Sutskever, has raised $1 billion in fresh capital at a $5 billion valuation. Investors included A16z, SV Angel, DST Global, Nat Friedman, amongst others. Safe Superintelligence (SSI) plans to use the funds to staff up, and acquire computing power.
Previously, Sutskever was the head of the Superalignment team at OpenAI. He reportedly left OpenAI due to a breakdown in communications with OpenAI CEO, Sam Altman.