Shruti Gurudanti, Rose Law Group partner and director of corporate transactions and space law, calls the valuation of new AI start up ‘troubling’

“Valuing a company at billions of dollars without so much as a product to show for highlights a troubling lack of discipline in today’s AI venture deals.” -Shruti Gurudanti, Rose Law Group partner and director of corporate transactions

By TechCrunch

Safe Superintelligence (SSI), the AI startup led by OpenAI’s co-founder and former chief scientist Ilya Sutskever, has raised an additional $2 billion in funding at a $32 billion valuation, according to the Financial Times.

The startup had already raised $1 billion, and there were reports that an additional $1 billion round was in the works. SSI did not comment on the new funding, which was reportedly led by Greenoaks.

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