Funding & Business
Report: Ilya Sutskever’s startup in talks to fundraise at roughly $20B valuation
Safe Superintelligence, the AI startup founded by former OpenAI chief scientist Ilya Sutskever, is in talks to raise funding at a valuation of “at least” $20 billion, according to Reuters.
It’s not clear how much Safe Superintelligence — which has yet to generate any revenue — is looking to secure, but it could be substantial. The new figure is 4x the $5 billion valuation the company held last September.
Little is known about Safe Superintelligence’s work. The company, which also counts ex-OpenAI researcher Daniel Levy and former Apple AI projects lead Daniel Gross among its founding team, has raised $1 billion so far. Existing investors include Sequoia Capital, Andreessen Horowitz, and DST Global.
Sutskever is widely respected in the AI — and wider tech — industry. He’s credited with contributing to major AI breakthroughs while at OpenAI, including the technical approach that made ChatGPT’s development possible.
President Trump has said he would put an additional 10% tariff on any country aligning themselves with “the Anti-American policies of BRICS.”
Speaking to Bloomberg’s Insight with Haslinda Amin, Indian School of Business Professor Nirmalya Kumar says countries should wait and watch to see if the President’s latest threat will actually materialize. (Source: Bloomberg)
Source link
Alaa Bushehri, head of Emerging Market Debt at BNP Paribas Asset Management, says she finds attractive valuations in local currency debt in India and Indonesia. She also sees similar opportunities in a number of Latin American, jurisdictions including Brazil and Mexico. She discusses the market outlook with David Ingles and Yvonne Man on “Bloomberg: The China Show.” (Source: Bloomberg)
Source link
-
Funding & Business6 days agoKayak and Expedia race to build AI travel agents that turn social posts into itineraries
-
Jobs & Careers6 days ago
Mumbai-based Perplexity Alternative Has 60k+ Users Without Funding
-
Mergers & Acquisitions6 days ago
Donald Trump suggests US government review subsidies to Elon Musk’s companies
-
Funding & Business6 days ago
Rethinking Venture Capital’s Talent Pipeline
-
Jobs & Careers6 days ago
Why Agentic AI Isn’t Pure Hype (And What Skeptics Aren’t Seeing Yet)
-
Funding & Business3 days ago
Sakana AI’s TreeQuest: Deploy multi-model teams that outperform individual LLMs by 30%
-
Funding & Business6 days agoFrom chatbots to collaborators: How AI agents are reshaping enterprise work
-
Jobs & Careers6 days ago
Astrophel Aerospace Raises ₹6.84 Crore to Build Reusable Launch Vehicle
-
Funding & Business4 days ago
HOLY SMOKES! A new, 200% faster DeepSeek R1-0528 variant appears from German lab TNG Technology Consulting GmbH
-
Jobs & Careers6 days ago
Telangana Launches TGDeX—India’s First State‑Led AI Public Infrastructure
