Ilya Sućkever's "Safe Superintelligence" startup, despite having no ready products, has been valued at $32 billion.
The funding round was led by Greenoaks Capital Partners, which invested $500 million. Venture firms such as Lightspeed Venture Partners and Andreessen Horowitz also participated in the financing.
This deal highlights the high investor interest in AI startups backed by renowned researchers and engineers, despite the macroeconomic instability in the U.S., the publication notes.
Ilya Sućkever is one of the co-founders of OpenAI. He left the company in May 2024 and launched "Safe Superintelligence" in June, along with former OpenAI researcher Daniel Levi and former Apple AI development head Daniel Gross.
"Safe Superintelligence" is focused on developing "safe superintelligence." The company is a commercial entity, but it has yet to generate revenue, with no plans for such in the near future. The company intends to spend several years on research and development before releasing and monetizing products.
In September 2024, "Safe Superintelligence" raised $1 billion in investment from NFDG, a16z, Sequoia, DST Global, and SV Ange. At that time, the company was valued at $5 billion.
In February 2025, according to Reuters, "Safe Superintelligence" stated its intention to reach a valuation of $20 billion. During investment negotiations, the company's valuation increased to $30 billion.
