Ilya Sutskever, cofounder of OpenAI, has launched a new company called Safe Superintelligence, which aims to develop superintelligent AI without producing any products until then. The startup has raised $1 billion from prominent investors, achieving a valuation of $30 billion despite criticism about the feasibility of its objectives. Many in the tech community view the idea of creating artificial general intelligence (AGI) as distant, raising questions about the wisdom of such significant investments in companies with ambiguous timelines and goals.
"This company is special in that its first product will be the safe superintelligence, and it will not do anything else up until then."
"It's not unusual for venture capitalists to invest in companies that don't yet have products - but throwing billions at one whose sole purpose is to create something that might not even exist within our lifetimes is a stretch, even by VC standards."
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