AI Startup’s $1 Billion Seed Round 9/5/24

Valuations for AI startups are continuing to skyrocket. This time, OpenAI co-founder Ilya Sutskever raising a whopping $1 billion as a seed round for his AI startup Safe Superintelligence Inc, with just around 10 employees and nowhere close to having a product. It's the epitome of a growing trend of a breakneck gen AI race for top talent.