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Windows Central
Windows Central
Technology
Kevin Okemwa

Former OpenAI co-founder raises $1 billion for safety-focused firm while the ChatGPT maker prioritizes shiny products and is on the cusp of bankruptcy

OpenAI United States ChatGPT Ilya Sutskever Best Buy Lenovo Sam Altman CDKeys Microsoft Apple
Sam Altman (C), US entrepreneur, investor, programmer, and founder and CEO of artificial intelligence company OpenAI, and the company's co-founder and chief scientist Ilya Sutskever (R), speak together at Tel Aviv University in Tel Aviv on June 5, 2023.

What you need to know

  • Former OpenAI co-founder and Chief Scientist Ilya Sutskever recently raised $1 billion through investors for his new AI firm — Safe Superintelligence Inc.
  • Safe Superintelligence Inc (SSI) is focused on building safe superintelligence as OpenAI reportedly prioritizes shiny products over safety processes.
  • OpenAI is reportedly on the verge of bankruptcy within the next 12 months, with projections of $5 billion in losses.
  • The ChatGPT maker might get an extended lifeline through another round of funding sponsored by Microsoft, Apple, and NVIDIA, which could push its market cap to over $100 billion.
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