Highlights:

  • SSI has yet to launch a product. Sutskever told in an interview that the company’s first release will be “safe superintelligence” and that it will remain solely focused on this goal until it is achieved.
  • The founders mentioned that their team, investors, and business model are all “completely aligned” to achieve Safe Superintelligence.

Co-founded by former OpenAI co-founder and employee Ilya Sutskever, Safe Superintelligence Inc., is reportedly securing exceeding one billion dollars, with a valuation surpassing USD 30 billion.

According to sources, citing an anonymous source discussing private information, Greenoaks Capital Partners is leading the funding round. This report follows a similar claim by another trusted source on February 7, which stated that Safe Superintelligence was seeking to raise funds at a valuation of at least USD 20 billion.

In September, Safe Superintelligence secured over one billion dollars in funding at a valuation of five billion dollar. Past investors include Andreessen Horowitz, Sequoia Capital Operations, DST Global Ltd., SV Angel, and Northern Four Dragon Gate Capital.

Founded in June 2024, Safe Superintelligence emerged a month after Ilya Sutskever’s departure from OpenAI. His exit followed an attempt in November 2023 to remove CEO Sam Altman over concerns about OpenAI’s models advancing toward artificial general intelligence. As its name implies, the company focuses on developing safer AI models.

“Building safe superintelligence (SSI) is the most important technical problem of our time. SSI is our mission, our name and our entire product roadmap because it is our sole focus,” Sutskever, Daniel Gross, and Daniel Levy, the company’s founders, state on the company’s website—which, eight months after its launch, contains only a single page of text with no additional content.

The founders stated that their team, investors, and business model are “fully aligned” in their mission to achieve Safe Superintelligence. “We approach safety and capabilities in tandem, as technical problems to be solved through revolutionary engineering and scientific breakthroughs. We plan to advance capabilities as fast as possible while making sure our safety always remains ahead,” they said.

SSI has yet to launch a product. Sutskever previously told in an interview that the company’s first release will be “safe superintelligence and it will not do anything else up until then.” He added that it “will be fully insulated from the outside pressures of having to deal with a large and complicated product and having to be stuck in a competitive rat race.”

With no product yet available, the new funding could be seen as a vote of confidence in Sutskever. Sources said, “what has fueled interest among investors is Sutskever’s reputation and the novel approach he has said his team is working on.”

News of SSI’s latest fundraising efforts comes amid a surge of investment in AI companies. In January, Anthropic PBC secured one billion dollars from Google LLC, while OpenAI raised USD 6.6 billion in October at a valuation of USD 157 billion.