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Reuters

Company3 stories

  1. IndustryReach 39

    Ilya Sutskever's SSI in talks for $20B valuation

    Safe Superintelligence, the AI startup founded by former OpenAI chief scientist Ilya Sutskever, is reportedly in talks to raise funding at a valuation of at least $20 billion. The pre-revenue startup was valued at $5 billion just last September, quadrupling its valuation as investor hype around top frontier AI researchers shows no signs of slowing down.

  2. IndustryReach 51

    OpenAI explores making its own AI chips

    OpenAI is exploring building its own custom AI chips to tackle the GPU crunch and reduce its reliance on Nvidia, according to Reuters. CEO Sam Altman has reportedly made acquiring more chips a top priority, with options including in-house design or acquisitions. Why it matters: Running models like ChatGPT costs tens of billions of dollars, but custom silicon is a risky bet that takes years.