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Ilya Sutskever's SSI Inc raises $1B

reuters.com

51–60 of 803 posts

Re: Ilya Sutskever's SSI Inc raises $1B

#51

Same funding as OpenAI when they started, but SSI explicitly declared their intention not to release a single product until superintelligence is reached. Closest thing we have to a Manhattan Project in the modern era?

Both need a crap tonne of electricity.

Re: Ilya Sutskever's SSI Inc raises $1B

#52
post #13

$1B raise, $5B valuation. For a company that is a couple months old and doesn't have a product or even a single line of code in production. Wild.

Totally blind on this, hoping for someone to shed some light: do these investors get some pitch, information or some roadmap of what company intends to create, how will it earn revenue, how will it spend money or how will it operate?

Re: Ilya Sutskever's SSI Inc raises $1B

#53

Given OpenAI’s declining performance after his being sidelined and then departing, interested to see what they do. Should be a clear demonstration of who was really driving innovation there.

They're probably just scaling back resources to the existing models to focus on the next generation. I feel like I have seen OpenAI models lose capability over time and I bet it's a cost optimization on their part.

Re: Ilya Sutskever's SSI Inc raises $1B

#54
post #27

Given OpenAI’s declining performance after his being sidelined and then departing, interested to see what they do. Should be a clear demonstration of who was really driving innovation there.

Probably will be an unpopular opinion here but I think declining performance is more likely related to unclear business models backed by immature technology driven by large hype trains they themselves created.

Unpopular because it does not follow the OAI hate train but I think this is a pretty solid take. There is real value in LLM but I believe the hype overshadowed the real cases.

Re: Ilya Sutskever's SSI Inc raises $1B

#55
post #48
post #34

Earlier quoted context omitted.

Welcome to capitalism. It’s all about your existing capital and connections. Capital attracts capital.

Talent attracts capital. Ilya is a legendary visionary, with a proven track record of turning billions into hundreds of billions. Of course he can raise unlimited money.

[deleted]

Re: Ilya Sutskever's SSI Inc raises $1B

#57
post #47

Same funding as OpenAI when they started, but SSI explicitly declared their intention not to release a single product until superintelligence is reached. Closest thing we have to a Manhattan Project in the modern era?

There is significant possibility that true AI (what Ilia calls superintelligence) is impossible to build using neural networks. So it is closer to some tokenbro project than to nuclear research. Or he will simply shift goalposts, and call some LLM superintelligent.

No one had built a nuclear bomb before the Manhattan project either.

Re: Ilya Sutskever's SSI Inc raises $1B

#59

Earlier quoted context omitted.

It's because is Ilya. This deal was cooked way back, though, perhaps even before the coup. Now, can they make a product that makes at least $1B + 1 dollar in revenue? Doubt it, I honestly don't see a market for "AI safety/security".

I wonder if "Super Intelligence" means anything .. just LLMs, or maybe they are pursuing new architectures and shooting for AGI ?

shooting for an AGI that hopefully won't shoot us :)

Re: Ilya Sutskever's SSI Inc raises $1B

#60

"It will focus on building a small highly trusted team of researchers and engineers split between Palo Alto, California and Tel Aviv, Israel." Why Tel Aviv in Israel ?

Ilya went to university in israel and all founders are jewish. Many labs have offices outside of the US, like london, due to crazy immigration law in the us.
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