Nvidia to invest $5 billion in Ilya Sutskever's AI startup, source says
· CNA · JoinRead a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST Tap here to return to FAST
FAST
SAN FRANCISCO, July 27 - Nvidia will make a $5 billion equity investment in Safe Superintelligence as part of a strategic partnership between the chipmaker and the startup co-founded by OpenAI's former chief scientist Ilya Sutskever, a person briefed on the deal said.
The two companies announced the deal Monday morning without disclosing financial terms.
The funding will boost SSI's available computing resources, the companies said. The deal also gives SSI access to Nvidia's cutting-edge Vera Rubin hardware.
The strategic deal announced Monday came together within a matter of weeks, two people briefed on the matter said.
Bloomberg earlier reported the amount of Nvidia's equity investment.
Newsletter
Week in Review
Subscribe to our Chief Editor’s Week in Review
Our chief editor shares analysis and picks of the week's biggest news every Saturday.
Sign up for our newsletters
Get our pick of top stories and thought-provoking articles in your inbox
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app