Nvidia is making a significant investment in Safe Superintelligence (SSI), an AI startup founded by Ilya Sutskever, former chief scientist of OpenAI. The deal, worth $5 billion, includes access to Nvidia's next-generation Vera Rubin computing platform, which is expected to increase SSI's computing capacity.
SSI aims to develop 'safe superintelligence' and has raised over $3 billion in funding. This partnership will accelerate SSI's research and development of safe superintelligence, with Nvidia providing cutting-edge hardware to support their work.
Meanwhile, big tech companies like Amazon and Microsoft are also investing heavily in AI, with a combined spend of $400 billion. Investors are watching closely for returns on these investments, particularly in the companies' cloud computing businesses, AWS and Azure.
Despite concerns about AI's impact on jobs, big companies are actively hiring people to work alongside AI, defying predictions of job wipeout. The latest jobless claims report shows the lowest numbers since 1969.
Other developments in AI include the launch of Nielsen's Ad Intel AI, a platform that transforms fragmented ad data into actionable intelligence, and the expansion of SalesCloser's AI sales platform globally.
Key Takeaways
['Nvidia invests $5 billion in Safe Superintelligence (SSI), an AI startup founded by Ilya Sutskever.', "SSI aims to develop 'safe superintelligence' and has raised over $3 billion in funding.", 'Amazon and Microsoft spend $400 billion on AI, with investors watching for returns.', 'Big companies are actively hiring people to work alongside AI, defying job wipeout predictions.', 'Nielsen launches Ad Intel AI, a platform for transforming ad data into actionable intelligence.', 'SalesCloser expands its AI sales platform globally via a new deal with wellness software firm Xennox Solutions.', 'Michael Burry warns of risks associated with AI spending and private credit.', 'Dan Ives is bullish on Nvidia, citing a 12-to-1 demand-to-supply ratio for Nvidia chips.', "Nvidia and SSI announce a long-term strategic partnership to accelerate SSI's development of safe superintelligence.", 'AI trading automation grows with tools like copy trading, agentic trading, and conversational interfaces.']Nvidia invests big in Safe Superintelligence
Nvidia is making a substantial investment in Safe Superintelligence (SSI), an AI startup founded by former OpenAI chief scientist Ilya Sutskever. The investment, combined with access to Nvidia’s next-generation Vera Rubin computing platform, will increase SSI's computing capacity. SSI aims to develop 'safe superintelligence' and has raised over $3 billion in funding.
Nvidia partners with SSI for AI research
Nvidia and Safe Superintelligence Inc. (SSI) announced a long-term strategic partnership to accelerate SSI's development of safe superintelligence. Nvidia will provide SSI with access to its cutting-edge hardware, increasing SSI's compute power by an order of magnitude.
Nvidia makes major investment in Sutskever's AI lab
Nvidia is investing a substantial amount in Safe Superintelligence (SSI), Ilya Sutskever's AI research lab. The deal includes access to Nvidia's Vera Rubin platform, expected to increase SSI's computing resources significantly.
Safe Superintelligence partners with Nvidia
Safe Superintelligence (SSI), founded by Ilya Sutskever, partnered with Nvidia to scale its AI research. The deal includes an undisclosed investment and access to Nvidia's Vera Rubin GPU platform, expected to increase SSI's compute resources.
Nvidia bets big on Sutskever's AI startup
Nvidia is investing $5 billion in Safe Superintelligence (SSI), Ilya Sutskever's AI startup. The deal includes access to Nvidia's Vera Rubin chips to expand SSI's computing capacity for its AI research.
Nvidia to invest $5 billion in Sutskever's AI startup
Nvidia will make a $5 billion equity investment in Safe Superintelligence (SSI), Ilya Sutskever's AI startup. The deal also gives SSI access to Nvidia's Vera Rubin hardware.
Nvidia invests in Sutskever's SSI
Nvidia made a substantial investment in Safe Superintelligence (SSI), Ilya Sutskever's AI startup. SSI will gain access to Nvidia's Vera Rubin platform, significantly expanding its computing resources.
Michael Burry warns of AI spending risks
Michael Burry highlighted rising AI spending by big tech companies and its impact on the S&P 500. Burry noted that the market has voted, and the results are clear.
Michael Burry warns of private credit risks
Michael Burry, known for his bets against the housing market, warned of a big threat to the AI boom lurking in private credit.
Big companies continue hiring despite AI fears
Big companies are actively hiring people to work alongside AI, defying predictions of job wipeout. The latest jobless claims report is the lowest since 1969.
AI trading automation grows
AI trading automation has transformed the investment landscape with tools like copy trading, agentic trading, and conversational interfaces. Platforms like Alphio AI offer comprehensive suites of AI-powered trading tools.
Our Bond to host investor webinar
Our Bond will host an investor webinar on July 29 to discuss new validation for its AI-powered personal security platform.
Marvell Technology vs. UiPath
Marvell Technology and UiPath reported quarterly revenues, with Marvell at $1.4 billion and UiPath at $240 million. UiPath's growth rate is accelerating, narrowing the gap with Marvell.
Amazon and Microsoft spend big on AI
Amazon and Microsoft are spending $400 billion on AI, and investors are watching for returns. The companies' cloud computing businesses, AWS and Azure, are under scrutiny.
Dan Ives bullish on Nvidia
Dan Ives is bullish on Nvidia, citing a 12-to-1 demand-to-supply ratio for Nvidia chips. He believes the AI investment cycle is just beginning.
Nielsen launches Ad Intel AI
Nielsen launched Ad Intel AI, a platform that transforms fragmented ad data into actionable intelligence. The platform aims to provide real-time media intelligence.
SalesCloser expands AI sales platform
SalesCloser expanded its AI sales platform globally via a new deal with wellness software firm Xennox Solutions.
Sources
- Nvidia makes major investment in Ilya Sutskever’s $32 billion AI startup
- Ilya Sutskever's SSI Partners With NVIDIA
- Nvidia to Invest $5 Billion in Ilya Sutskever’s AI Research Lab
- Ilya Sutskever’s Safe Superintelligence partners with Nvidia to scale its AI research
- Nvidia bets billions on Ilya Sutskever’s AI breakthrough
- Nvidia to invest $5 billion in Ilya Sutskever’s AI startup, source says
- “Have Research Worthy Of Scaling Up”: Ilya Sutskever’s SSI Announces Big New Investment From NVIDIA
- Michael Burry Highlights Rising AI Spending By Big Tech And Its Impact On S&P 500 — 'The Market Has Voted And The Results Are Clear'
- Michael Burry says a threat to the AI boom is lurking in private credit
- Big companies continue hiring despite AI fears
- AI Trading Automation 2026: The Future of Smart Investing
- Our Bond to Host Investor Webinar on July 29 to Discuss New Validation for AI-Powered Personal Security Platform
- Marvell Technology vs. UiPath: What Do the Quarterly Revenue Trends of These Artificial Intelligence Companies Tell Investors?
- Amazon and Microsoft are spending $400 billion on AI—and investors are low on patience
- Dan Ives Is Still Bullish on Nvidia: 'We're in the 3rd Inning of the AI Revolution,' and Demand Is Outpacing Supply "12 to 1"
- Nielsen Launches Ad Intel AI: the Only Product of its Kind that Transforms Fragmented Ad Data into Actionable Intelligence
- SalesCloser expands AI sales platform globally via new deal with wellness software firm Xennox
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