Exclusive-Alphabet, Nvidia invest in OpenAI co-founder Sutskever's SSI, source says

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Exclusive-Alphabet, Nvidia invest in OpenAI co-founder Sutskever's SSI, source says
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UNITED NATIONS: The United Nations and its partners on Friday (April 11) launched an appeal worth US$275 million to support Myanmar's response to the devastating earthquakes.

FILE PHOTO: Ilya Sutskever, co-Founder and Chief Scientist of OpenAI speaks during a talk at Tel Aviv University in Tel Aviv, Israel June 5, 2023. REUTERS/Amir Cohen/File Photo

SSI, which sources say was recently valued at $32 billion in a round led by Greenoaks, is one of the highest-profile startups working on AI model research, thanks to Sutskever's stellar track record in predicting the next big thing in AI development.Reuters could not determine the exact terms of Alphabet's and Nvidia's investment in SSI. Spokespeople for all three companies declined to comment.

"With these foundational model builders, the gravity is increasing dramatically over to us," he said. Google offers both Nvidia GPUs and its own TPUs through its cloud service. Its own chips are intended to excel at specific AI tasks and are more efficient than general-purpose GPUs. These chips have been used to build large-scale AI models, such as Apple and Anthropic, an OpenAI competitor that has received billions of dollars of funding from Google and Amazon.

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