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Report: OpenAI Co-Founder's AI Startup Valued at $32B

story

APR 14

Above: A Safe Superintelligence logo is seen on a smartphone screen. Image copyright: Pavlo Gonchar/Contributor/SOPA Images/LightRocket via Getty Images

story last updated APR 14

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.

Ctech The Globe and Mail

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.

FT THE DECODER