Artificial Intelligence Research Laboratory Safe superintelligence $1 billion was raised from a variety of high-profile investors, including Andreessen Horowitz AND Sequoia Capital.
The round values the Palo Alto, California-based company at $5 billion, based on Reuters Agencywho was the first to report on this round.
SSI, co-founded by OpenAIformer Chief Scientist Ilya Sutskevergoals to develop protected AI systems – a topic that has been in the news a lot currently resulting from growing concerns that AI technology might be harmful to people and society.
A proposed bill in California that has proven controversial inside the industry goals to introduce safety and security regulations for artificial intelligence — although many firms, including OpenAI, worry it might be too burdensome for many AI firms.
The startup, which was founded just three months ago, is trying to increase its computing power and hire recent talent.
More money
The big SSI hike wasn’t the only big increase of the day.
A startup based in Japan AI Source has closed a $100 million funding round led by Khosla’s ventures, Capital Lux AND New company collaboratorsThe round also included an investment Nvidia — which operates intensively in the artificial intelligence sector, investing in startups.
Sakana goals to coach inexpensive generative AI models with small datasets — a very different approach than OpenAI. The company previously raised $30 million in January led by Lux Capital.