OpenAI cofounder Ilya Sutskever’s new AI startup is fundraising with a $30 billion valuation

Ilya Sutskever left OpenAI less than a year ago, but his new AI startup, Safe Superintelligence, is in the process of raising $1 billion.

A new artificial intelligence company from one of the cofounders of OpenAI is quickly becoming one of the most highly valued AI firms in an increasingly crowded marketplace. Ilya Sutskever’s Safe Superintelligence (SSI) is in the process of raising in excess of $1 billion with a valuation topping $30 billion. Bloomberg reports San Francisco-based Greenoaks Capital Partners is leading the deal and plans to invest $500 million itself. Greenoaks did not reply to a request for comment about the investment.