AI鈥檚 Big Day 鈥� Startup Safe Superintelligence Raises $1B At Reported $5B Valuation

Artificial intelligence research lab raised $1 billion from a litany of big-name investors including and .

The round valued the Palo Alto, California-based company at $5 billion, per , which first reported the round.

SSI, co-founded by ‘s former chief scientist , is looking to develop safe artificial intelligence systems 鈥� something that has been in the news a lot recently as fears increase of AI tech being harmful to humans and society.

A proposed California bill that has proven controversial in the industry is looking to put safety regulations and guardrails on AI 鈥� although many companies, including OpenAI, worry it may be too burdensome to many AI firms.

The 3-month-old startup will look to add computing power and hire new talent.

More money

SSI鈥檚 big raise was not the only big raise of the day.

Japan-based startup locked up a $100 million round led by , and . The round also included an investment from 鈥� which has been intensely active in the AI space investing in startups.

Sakana is looking to train low-cost generative AI models with small datasets 鈥� a very different approach from OpenAI. The company previously raised a $30 million round in January led by Lux Capital.