In other unrelated news, Nvidia order book grew by $800 million.

Program Manager

Project manager

Consultant

Growth Manager

Software Developer

If these AI startup’s fail to generate cash flow, the world economy is going to be kaboom 💥

Product Manager

Thats huge 
  
 And to just surpass the human capability?

Software Engineer

Majority will go in GPUs for AI model training on huge data.

- Safe Superintelligence (SSI), co-founded by Ilya Sutskever, has secured $1 billion in funding.
- The funds will be used to acquire computing power and hire

- Safe Superintelligence (SSI), co-founded by Ilya Sutskever, has secured $1 billion in funding.
- The funds will be used to acquire computing power and hire top talent.
- SSI is valued at $5 billion and has 10 employees split between Palo Alto and Tel Aviv.
- Investors include Andreessen Horowitz, Sequoia Capital, and DST Global.
- Sutskever aims to develop safe AI systems that surpass human capabilities. 

 Source: [Reuters](https://www.reuters.com/technology/artificial-intelligence/openai-co-founder-sutskevers-new-safety-focused-ai-startup-ssi-raises-1-billion-2024-09-04/)

OpenAI Co-founder Sutskever's New AI Startup SSI Raises $1 Billion

OpenAI Co-founder Sutskever's New AI Startup SSI Raises $1 Billion- Grapevine

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Ilya Sutskever, OpenAI’s former chief scientist, is launching Safe Superintelligence Inc., an AI startup “prioritizing safety over commercial pressures”.

What’s SSI? Safe Superintelligence Inc. (SSI) aims to create a safe and powerful AI system, approaching safety and capabilities in tandem while avoiding distraction by management overhead or product cycles.

Team? SSI is co-founded by Daniel Gross, a former AI lead at Apple, and Daniel Levy, who previously worked at OpenAI. Unlike OpenAI, SSI will not pursue partnerships with companies like Apple and Microsoft.

What are they upto? Well, SSI’s first product will be safe superintelligence, and the company “will not do anything else” until then 🤐

Still no idea what this means but great team doing something, will be super exciting to see this pan out!

Ilya's new startup!

Journalist

- Skild AI, an AI robotics startup, has secured $300 million in a Series A funding round led by Lightspeed Venture Partners, SoftBank, and Jeff Bezos through Bezos Expeditions.
- The funds will be used to scale the business model, expand training datasets, and support hiring in AI, robotics, engineering, operations, and security teams.
- Co-founded by former Carnegie Mellon University professors Abhinav Gupta and Deepak Pathak in 2023, Skild AI builds AI-powered brains for robots and is now valued at $1.5 billion.
- Skild AI's model is trained on significantly more data points than competitors and is designed for general-purpose use in various robots and scenarios.
- The startup's team includes experts from Meta, Tesla, NVIDIA, Amazon, Google, and top universities, aiming to bring a GPT-3 moment to the world of robotics.

Skild AI Raises $300M in Series A Funding Led by Lightspeed, SoftBank, and Jeff Bezos

- OpenAI is aiming to raise at least $5bn at a $150bn valuation from investors like Apple, Nvidia, Microsoft, and Thrive Capital.
- The San Francisco-based AI start-up is in talks with investors to fund its ambitious AI model development plans.
- Thrive Capital, led by Josh Kushner, is expected to invest $1bn in this round.
- The total fundraising could exceed $6.5bn, with Microsoft already having committed $13bn to OpenAI.
- Despite rapid growth and $2bn in annual revenue, OpenAI remains lossmaking due to high development costs and increasing competition. 

 Source: [Financial Times](https://www.ft.com/content/dde0855e-4543-4d3a-8ff5-e6fb3c3ff305)

OpenAI aims to raise at least $5bn at $150bn valuation

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Apple acquires DarwinAI

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A week before Sam Altman ouster, OpenAI chief scientist made a huge breakthrough which can pave path towards super intelligence. 

They developed model named Q* ( Q star) which will 
- overcome data bottleneck
- have likely solved planning/agentic behavior for small models
-able to solve certain mathematical problems,

https://www.reuters.com/technology/sam-altmans-ouster-openai-was-precipitated-by-letter-board-about-ai-breakthrough-2023-11-22/

A week before Sam Altman ouster, OpenAI chief scientist made a huge breakthrough which can pave path towards super intelligence.

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OpenAI raises fund at 90 billion dollar valuation. Becomes 3rd most valued private startup after Byte dance and SpaceX

- Sarvam AI - $41M (Lightspeed and Peak XV) 
- Mad Street Den - $67M (Avatar, Peak XV) 
- Wysa - $25M 
- Neysa Networks - $20M (Matrix Partners) 
- Scribble Data - $2.3M (Blume Ventures) 
- Expertia AI - $1.3M (Chiratae Ventures) 
- OnFinance - $ 1.1M (Silverneedle Ventures) 
- Krutrom AI - $50M (Matrix Partners)

OpenAI Co-founder Sutskever's New AI Startup SSI Raises $1 Billion

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