The announcement was made on the company's official communication platform, X. Notable investors include Andreessen Horowitz, Sequoia Capital, DST Global, SV Angel, and NFDG, which is led by SSI executive Daniel Gross.

Sutskever, who served as OpenAI's chief scientist, left the company in May along with his colleague Jan Leike, with both aiming to pursue their ambitions in the AI industry. Leike joined rival AI firm Anthropic, while Sutskever embarked on establishing SSI. The departures led to the disbandment of OpenAI's Superalignment team, just a year after its formation, with some team members reassigned to other teams within the company.

SSI's mission, as stated by Sutskever, is to develop safe superintelligence with unwavering focus, dedication, and a singular product roadmap. The company's business model aims to ensure that safety, security, and progress are prioritized over short-term commercial pressures, allowing the team to work without distractions and management overhead. SSI has set up offices in Palo Alto, California, and Tel Aviv, Israel.

It is worth noting that Sutskever was involved in the temporary ousting of OpenAI's co-founder and CEO, Sam Altman, in November. The board cited communication issues as the reason for the ousting, which later became a topic of escalating complexity. Media reports highlighted diverging views within OpenAI, with Sutskever emphasizing the importance of ensuring AI does not pose a threat to humans, while others, including Altman, focused on rapidly advancing technology.

The situation resulted in most of OpenAI's employees signing an open letter expressing their intent to leave the company. However, Altman was eventually reinstated, and Sutskever publicly apologized for his role in the matter, expressing his deep regret and commitment to reuniting the company.

With the substantial investment secured for Safe Superintelligence, Sutskever and his team are well-positioned to pursue their vision of developing AI that prioritizes safety and mitigates potential risks associated with the technology. The raised funds will undoubtedly fuel further advancements in the field, as AI continues to shape and revolutionize various industries globally.