Ilya Sutskever's SSI startup raises $1B
Briefly

"We are assembling a lean, cracked team of the world's best engineers and researchers dedicated to focusing on SSI and nothing else."
"I'm confident that OpenAI will build AGI that is both safe and beneficial."
Some estimates put the value of SSI at $5 billion following the investment, although the company itself has not commented.
The investment amount clearly indicates the AI bubble has not popped just yet as investors fearful of missing out on the next big thing inject cash into development of the technology.
Read at Theregister
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