1 OpenAI Co founder Sutskever's SSI in Speak with be Valued At $20 Bln,
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SSI in talk with raise funding at $20 billion appraisal, up from $5 billion last September

SSI focuses on 'safe superintelligence' without any profits yet

Sutskever's performance history and SSI's unique method pique investor interest

By Kenrick Cai, Krystal Hu and Anna Tong

Feb 7 (Reuters) - Safe Superintelligence, a synthetic intelligence startup co-founded by OpenAI's former chief scientist Ilya Sutskever in 2015, remains in speak to raise funding at an appraisal of a minimum of $20 billion, four sources told Reuters.

That would quadruple the company's $5 billion appraisal from its last funding round in September, when it raised $1 billion from five investors including Sequoia Capital, Andreessen Horowitz, and DST Global.

SSI's fundraising checks the ability of high-profile AI endeavors to continue to command premium appraisals following an industry-wide reappraisal triggered by Chinese startup DeepSeek's unveiling of its affordable AI last month.

SSI, which has not generated any profits, has said its mission is to develop "safe superintelligence" that is smarter than people while aligned with human interests.

The business's conversations with existing and brand-new investors are still in the early phases and terms could still change, the sources said this week, who requested anonymity to talk about personal matters. It was not clear just how much money SSI was looking for to raise.

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