AI Research5 min reading time
Nvidia just invested in a company that sells nothing
The Next Web
Read full postNvidia has invested significantly in Safe Superintelligence, a company founded by Ilya Sutskever with no products or revenue, to expand its computing capacity tenfold for AI research scaling. SSI, which has raised $3bn and values at $32bn without selling products, aims to advance AI research rather than commercialize products soon. The partnership includes access to Nvidia's Vera Rubin platform, highlighting the strategic importance of compute resources in AI development.
- Nvidia’s AI Sector Equity Stakes Grow, SEC Filing Shows· 2 sources
- Yes, We're in an AI Bubble. Just Look to 1980s Japan· Hacker News
- Nvidia Earnings: AI Demand Is Booming, But Risks Remain· 4 sources
- Nvidia projects $673B in sales as AI demand widens· Hacker News
- Nvidia Tries to Defend Against Circular Dealmaking Accusations· Gizmodo
- CEO Jensen Huang went on an AI deal spree in August. Nvidia plans to invest $18 billion more this fiscal year.· Business Insider
