What you need to know.
- Former OpenAI co-founder and Chief Scientist Ilya Sutskever recently raised $1 billion from investors for his new AI firm – Safe Superintelligence Inc.
- Safe Superintelligence Inc (SSI) is focused on building safe superintelligence because OpenAI reportedly prioritizes shiny products over security processes.
- OpenAI is reportedly on the brink of bankruptcy within the next 12 months, with losses estimated at $5 billion.
- The ChatGPT maker could get an extended lifeline through a second round of funding sponsored by Microsoft, Apple and NVIDIA, taking its market cap to more than $100 billion. can go
After dedicating a decade of his life to OpenAI, co-founder and chief scientist Ilya Sotskiver announced that he Leaving the firm to focus on a project that was “personally meaningful.” in June, Sutskever launched Safe Superintelligence Inc.a new company whose mission is to create safe superintelligence.
As you may know, Several OpenAI employees have left the firm.citing safety concerns and alleged that The company prefers glossy products because security processes are left behind.. Building on this foundation, The maker of ChatGPT reportedly sent invitations to the launch of GPT-4o before the testing took place.Putting pressure on the safety team to scheme through the entire process to meet the assigned deadline in less than a week.
As it happens, Suitscure’s safe super-intelligence firm is having significant success right off the bat. According to a report by Reutersthe scientist recently managed to raise $1 billion for a new startup to advance its security advances from multiple investors, including Andreessen Horowitz, Sequoia Capital, NFDG, and more.
OpenAI is beset by a number of issues.
Recently, we reported this. OpenAI was on the brink of bankruptcy within the next 12 months.With losses of $5 billion. The firm reportedly spends $7 billion on training its AI models and $1.5 billion on staff, but generates about $3.5 billion in revenue.
As it happens, The creator of ChatGPT could get an extended lifeline through a second round of funding from Apple, Microsoft, and NVIDIA. It is expected to push its market capitalization past $100 billion. This is when investors in the AI landscape have started. Expressing concern over excessive spending on AI projects who seem to be struggling to make significant profits amid these claims. AI is an obsession. And That 30% of its projects will be abandoned by 2025 after proof of concept..
We already know. OpenAI spends more than $700,000 per day to run ChatGPT.not accounting for funds allocated to AI’s outrageous demands for electricity and cold water.
Elsewhere, OpenAI and Microsoft are under wraps. Multiple lawsuits for copyright infringement. However, Sam Altman argues Copyright law does not prohibit the use of copyrighted material to train AI models And admits Without it, it is impossible to build tools like ChatGPT..
Elon Musk, who helped make OpenAI confusing, Recently filed a lawsuit again against Chat GPT creator and Sam Altman.citing fraud with its founding mission and alleged fraudulent activities.