San Francisco-based venture capital firm Green Excapital Partners doesn’t identify that they don’t discuss personal information when they lead startups, secure super intelligence deals and plan to invest $500 million. said the person who asked. Greenoaks is also an investor in AI Companies Scale AI and Databricks Inc.
According to Reuters, the round marks a major valuation jump from the $5 billion that Satsucaber’s company had previously been worth it. Funding talks are underway and details may still change.
The company previously raised funds from investors such as Sequoia Capital and Andreessen Horowitz. Greenoaks declined to comment. A representative from Sutskever did not immediately respond to a request for comment.
Sutskever is a researcher who worked hard in the development of Openai’s technology and served as the lead scientist, and left the company in May. A month later, he co-founded Safe Superintelligence (SSI), co-founded with venture capitalist who previously worked in AI initiatives at Apple Inc., and former Openai researcher Daniel Levy.
SSI focuses on developing secure AI systems. It hasn’t made any profit yet and is not planning to sell AI products in the near future.
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“The company is special in that the first product is secure and close and does nothing else until then,” Sutskever told Bloomberg in June. “We’re completely isolated from the external pressure of dealing with large, complex products and having to get stuck in competitive rat races. He helped Altman return.