Nvidia to Invest $5 Billion in Safe Superintelligence
Synopsis
The chipmaker will reportedly take an equity stake in Ilya Sutskever's AI startup as part of a strategic partnership.
Key Highlights
- US chipmaker Nvidia to invest $5 billion in AI startup Safe Superintelligence (SSI)
- The investment is through a strategic partnership between the two companies
- SSI will access Nvidia’s AI hardware and other compute resources for Vera Rubin.
Nvidia will make a US$5 billion equity investment in Safe Superintelligence (SSI), and a strategic partnership with the AI startup partly founded by former OpenAI chief scientist Ilya Sutskever. Both companies announced the partnership Monday but didn’t reveal financial terms.
Investment to Expand AI Computing
In their statement, the companies claimed that SSI will utilise most of this funding to scale its computing resources. The partnership will also give access to Nvidia’s Vera Rubin hardware for SSI. The strategic partnership was negotiated and concluded in a few weeks, said two people familiar with the matter.
Source: Reuters
At Inspirepreneurs Magazine, covering entrepreneurship, business failures, and the human stories behind the world's most ambitious founders. She writes at the intersection of strategy and storytelling.
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