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Exclusive-Alphabet, Nvidia invest in OpenAI co-founder Sutskever's SSI, source says [Yahoo! Finance Canada]
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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SAN FRANCISCO (Reuters) - Alphabet and Nvidia have joined prominent venture capital investors to back Safe Superintelligence (SSI), a startup co-founded by OpenAI's former chief scientist Ilya Sutskever that has quickly risen to become one of the most valuable artificial intelligence startups months after its launch, a source familiar with the matter said. The funding illustrates renewed interest from the big tech and infrastructure providers in making strategic investments in the startups developing cutting-edge AI that requires massive amounts of computing power. Alphabet, which has its own AI models, earlier in the week announced a deal by its cloud computing arm to sell SSI access to tensor processing units (TPUs), its in-house AI chips. SSI, which sources say was recently valued at $32 billion in a round led by Greenoaks, is one of the highest-profile startups working on AI model research, thanks to Sutskever's stellar track record in predicting the next big thing in AI deve
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