Nvidia to invest $5 billion in Ilya Sutskever’s AI startup

Image for Nvidia to invest $5 billion in Ilya Sutskever's AI startup


Synopsis

The two ⁠companies announced ‌the deal ​Monday ​morning without disclosing ⁠financial terms. The funding will boost ​SSI’s available computing resources, ​the companies said. The deal also gives SSI access to Nvidia’s cutting-edge Vera ‌Rubin hardware.

Image for Nvidia to invest $5 billion in Ilya Sutskever's AI startup
Nvidia will make a $5 billion equity investment in Safe Superintelligence as part of a strategic ‌partnership between ⁠the ⁠chipmaker and the startup co-founded by OpenAI’s former chief scientist Ilya Sutskever, a person briefed on the deal said.

The two ⁠companies announced ‌the deal ​Monday ​morning without disclosing ⁠financial terms.

The funding will boost ​SSI’s available computing resources, ​the companies said. The deal also gives SSI access to Nvidia’s cutting-edge Vera ‌Rubin hardware.

The strategic deal announced Monday came ​together ​within a ⁠matter of weeks, two people briefed on the matter said.

Bloomberg earlier reported the amount of Nvidia’s equity investment.

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