🏠 Safetycorn

Ilya's $5B AI Safety Unicorn

GM! It’s Brett again. We’re coming out of stealth on October 8th at an AI-themed hacker house in SF during a16z’s SF Tech Week.

If you’re in town, I’d love to see you there! RSVP here.

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🏠 AI

IlyAI

So we all know that Ilya Sutskever, OpenAI's co-founder and former chief scientist, left the company in May 2024 following the November 2023 leadership drama involving Sam Altman.

Then in June of this year, Ilya launched Safe Superintelligence (SSI) with Daniel Gross and Daniel Levy, aiming to develop AI systems that surpass human intelligence while prioritizing safety.

Last week, SSI announced a $1B funding round, valuing the 3-month-old company at $5B. Yeah a billion, with a "B"

This is crazy for a startup with just 10 employees. Their investors include heavyweights like Andreessen Horowitz, Sequoia Capital, and DST Global.

By the way, this is their landing page - maybe they're saving the flashy stuff for the superintelligence.

SSI's playing the long game, though. They're not rushing to market. Instead, they're gearing up for years of R&D, snagging top talent, and beefing up their compute power.

The big picture: This mega funding round shows just how crucial AI safety has become. It's not just about building smart AI anymore - it's also about building safe AI. And investors are willing to bet big on it.

It’s 2024. It’s crazy that we still have typewriters attached to our computers. If you same, Flow might be exactly what you need. You just speak naturally, and it writes exactly what you would’ve typed — without all mistakes Siri makes. And it works in every application on your computer. Flow is 3x faster than typing, and even cleans up your rambles, formats it, and fixes mistakes automatically.

Whether you’re messaging, emailing, or writing ideas, Flow adapts to your style and context, so it fits seamlessly into whatever you’re doing. And it works right in apps like ChatGPT and Cursor for the best AI prompting experience.

🤝 THE LATEST IN…

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🏃‍♀️ QUICKIES

Raise: All Hands AI, an open source AI agent platform for developers, raised $5M in a seed funding round to build model-agnostic AI assistants that handle routine programming tasks.

Stat: $279 Billion. That's how much Nvidia lost in market cap, the largest single-day loss for any US stock ever, as Wall Street had a broad tech selloff.

Rabbit Hole: The Subscription Value Loop (Phil Carter)

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