February 18, 2025 News

Sutskever's Safe Superintelligence Startup Nearing $1B Funding at $30B Valuation

Ilya Sutskever's AI startup, Safe Superintelligence, is reportedly close to raising over $1 billion at a $30 billion valuation, with VC firm Greenoaks Capital Partners leading the round with a $500 million investment. The company, co-founded by former OpenAI and Apple AI leaders, has no immediate plans to sell AI products and would reach approximately $2 billion in total funding.

Former OpenAI Leaders Launch Thinking Machines Lab to Build More Customizable AI

Former OpenAI CTO Mira Murati has launched Thinking Machines Lab, a startup focused on developing more customizable and capable AI systems that address key gaps in current AI technologies. The company, which includes OpenAI co-founder John Schulman and other high-profile AI researchers, aims to build frontier multimodal systems for applications in science and programming while emphasizing AI safety.

OpenAI Plans Special Voting Rights to Safeguard Board Against Takeover Attempts

OpenAI is considering giving its nonprofit board special voting rights that would allow it to overrule major investors, protecting against hostile takeovers like the recent $97.4 billion offer from Elon Musk and investors. This move comes as OpenAI transitions from a capped-profit structure to a public benefit corporation by late 2026, with plans to separate its nonprofit arm with its own staff and leadership team.

xAI Launches Grok 3 Model Suite with Enhanced Reasoning Capabilities

Elon Musk's xAI has released its latest flagship AI model, Grok 3, trained with approximately 10 times more computing power than its predecessor using 200,000 GPUs. The release includes a family of models including Grok 3 Reasoning and Grok 3 mini, featuring specialized reasoning capabilities for mathematics, science, and programming, alongside a new DeepSearch feature for internet research.