CosmicTaco

OpenAI Co-Founder Raises $1B at $30B Valuation

CosmicTaco · 2025-02-18T11:01:43.030138+05:30

- Ilya Sutskever, OpenAI co-founder, is fundraising over $1 billion for his startup, Safe Superintelligence, at a $30 billion-plus valuation. Greenoaks Capital Partners leads the deal with a $500 million investment. - This valuation leap from $5 billion marks a significant milestone, with previous investors including Sequoia Capital and Andreessen Horowitz. - SSI aims to develop safe AI systems, with no immediate revenue generation plans. Sutskever emphasizes focus on safe superintelligence, free from competitive pressures. Source: [Bloomberg](https://www.bloomberg.com/news/articles/2025-02-17/openai-co-founder-s-startup-is-fundraising-at-a-30-billion-plus-valuation)

Ilya Sutskever, OpenAI co-founder, is fundraising over $1 billion for his startup, Safe Superintelligence, at a $30 billion-plus valuation. Greenoaks Capital Partners leads the deal with a $500 million investment.
This valuation leap from $5 billion marks a significant milestone, with previous investors including Sequoia Capital and Andreessen Horowitz.
SSI aims to develop safe AI systems, with no immediate revenue generation plans. Sutskever emphasizes focus on safe superintelligence, free from competitive pressures.

Source: Bloomberg