OpenAI co-founder Ilya Sutskevers Safe Superintelligence reportedly valued at $32B
TechCrunchAPR 1
Report: OpenAI Co-Founder's AI Startup Valued at $32B
Above: A Safe Superintelligence logo is seen on a smartphone screen. Image copyright: Pavlo Gonchar/Contributor/SOPA Images/LightRocket via Getty Images
The Spin
Narrative A
The extraordinary valuation reflects investors' confidence in elite AI talent and the potential for breakthrough technologies that could revolutionize the field, particularly given Sutskever's track record at OpenAI and the strategic advantage of having both Google and Nvidia's support.
Narrative B
The massive valuation without any product or clear business model represents irrational exuberance in AI investing. It follows a pattern of overvalued AI startups led by prominent figures from established companies and leaves fundamental questions about commercial viability in the AI sector unanswered.