Report: Ilya Sutskever’s startup in talks to fundraise at roughly $20B valuation | TechCrunch


Protected Superintelligence, the AI startup based by former OpenAI chief scientist Ilya Sutskever, is in talks to boost funding at a valuation of “not less than” $20 billion, according to Reuters.

It’s not clear how a lot Protected Superintelligence — which has but to generate any income — is trying to safe, however it may very well be substantial. The brand new determine is 4x the $5 billion valuation the corporate held final September.

Little is understood about Protected Superintelligence’s work. The corporate, which additionally counts ex-OpenAI researcher Daniel Levy and former Apple AI initiatives lead Daniel Gross amongst its founding group, has raised $1 billion up to now. Present traders embrace Sequoia Capital, Andreessen Horowitz, and DST International.

Sutskever is extensively revered within the AI — and wider tech — business. He’s credited with contributing to main AI breakthroughs whereas at OpenAI, together with the technical strategy that made ChatGPT’s growth doable.

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