OpenAI Cofounder Ilya Sutskever Launches Safe Superintelligence Inc.
OpenAI cofounder Ilya Sutskever has started a new venture, Safe Superintelligence Inc. (SSI), focusing on developing safe superintelligence. Joined by former Apple AI lead Daniel Gross and ex-OpenAI's Daniel Levy, SSI aims to avoid commercial pressures and focus solely on safety. #ai#superintelligence#safetech#startups#innovation
Zepto Secures $650M in Funding, Valuation Soars to $3.5B
Zepto, the Y Combinator-backed instant grocery delivery startup, is raising $650 million from existing investors like StepStone Group and new investors including Avenir Growth and Lightspeed Venture Partners. This funding round will more than double Zepto's valuation from $1.4 billion to $3.5 billion, showcasing strong investor confidence in India's booming quick commerce sector. This marks Zepto's second major funding round within a year, following a $231 million raise in August 2023. Zepto competes with major players like Blinkit, Swiggy Instamart, and BigBasket in the rapidly growing market. #quickcommerce#funding#startup#startupindia
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