No Result
View All Result
  • Login
Tuesday, December 16, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Business

Ilya Sustkever’s SSI declines Meta acquisition offer – report

by FeeOnlyNews.com
6 months ago
in Business
Reading Time: 2 mins read
A A
0
Ilya Sustkever’s SSI declines Meta acquisition offer – report
Share on FacebookShare on TwitterShare on LInkedIn


Safe Superintelligence (SSI), which has become one of the most intriguing companies in AI, even though it is yet to launch a product, declined an acquisition offer from Meta (Facebook) earlier this year, CNBC reports. In April SSI raised $2 billion at a company valuation of $32 billion.

SSI was founded last year by OpenAI founder and former chief scientist Ilya Sutskever, an Israeli-Canadian, Daniel Gross, a former Israeli who previously led AI initiatives at Apple, and Daniel Levy, who previously worked as a researcher at OpenAI. The company has offices in Palo Alto and Tel Aviv and has already hired a team of senior AI experts in Israel.





RELATED ARTICLES




SSI hiring dozens in Israel






Meta also reportedly failed to recruit Sutzkever himself directly into its ranks. Following the rejection, Meta CEO Mark Zuckerberg reached out to one of SSI’s founding partners, Daniel Gross, as well as his partner in managing the NFDG investment fund he heads, Nate Friedman, “The Information” reports.

Gross and Friedman are expected to join Meta and work under Alexandr Wang, founder of Scale AI, who was recently hired as part of a huge $14.3 billion investment by Meta, in exchange for 49% of Scale. At the same time, according to the report, Meta is also expected to acquire a stake in the NFDG fund, which was founded, by Gross and Friedman. Its investments include companies such as Coinbase, Figma, CoreWeave, Perplexity and Character.AI. According to the report, it is unclear at this stage what will happen to the fund’s investment portfolio after Meta enters the picture.

A Meta spokesperson told CNBC the company “will share more about our superintelligence effort and the great people joining this team in the coming weeks.”

Published by Globes, Israel business news – en.globes.co.il – on June 22, 2025.

© Copyright of Globes Publisher Itonut (1983) Ltd., 2025.




Source link

Tags: acquisitionDeclinesIlyaMetaofferReportSSISustkevers
ShareTweetShare
Previous Post

This millennial was rejected from 200 jobs—now he makes millions charging wealthy families six-figures to get their kids into the Ivy Leagues

Next Post

The Sunday Morning Movie Presents: In The Soup (1992) Run Time: 1H 33M

Related Posts

2025 was a breakout year for Indian real estate; 2026 looks even stronger: Aman Sarin of Anant Raj

2025 was a breakout year for Indian real estate; 2026 looks even stronger: Aman Sarin of Anant Raj

by FeeOnlyNews.com
December 15, 2025
0

After years of consolidation and post-pandemic recalibration, 2025 emerged as a defining breakout year for India’s real estate sector, marked...

India’s primary market braces for surge of hospital and IVF IPOs next year

India’s primary market braces for surge of hospital and IVF IPOs next year

by FeeOnlyNews.com
December 15, 2025
0

Mumbai: India's primary market is set for a heavy infusion of healthcare companies, including several in-vitro fertilisation (IVF) chains, next...

New York City is officially getting 3 Las Vegas-style casinos

New York City is officially getting 3 Las Vegas-style casinos

by FeeOnlyNews.com
December 15, 2025
0

The New York Mets’ ballpark in Queens. A Bronx golf course once operated by President Donald Trump ’s company. A slot parlor...

Champions Oncology signals expanding radiolabeling and data platform as margin improves to 52% (NASDAQ:CSBR)

Champions Oncology signals expanding radiolabeling and data platform as margin improves to 52% (NASDAQ:CSBR)

by FeeOnlyNews.com
December 15, 2025
0

Earnings Call Insights: Champions Oncology (CSBR) Q2 2026 Management View CEO Robert Brainin stated the company's three core goals for...

AI investment pressures, supply-chain risks, and strategy misalignment are all on the line for CFOs

AI investment pressures, supply-chain risks, and strategy misalignment are all on the line for CFOs

by FeeOnlyNews.com
December 15, 2025
0

The talk is over. In 2026, it’s time to execute.When the CFO Alliance, a finance-professional peer community, released its latest report,...

China steps up price war checks as cars keep getting cheaper

China steps up price war checks as cars keep getting cheaper

by FeeOnlyNews.com
December 15, 2025
0

China's new restrictions on car discounts signal the government is cranking up its scrutiny of excessive competition in the local...

Next Post
The Sunday Morning Movie Presents: In The Soup (1992) Run Time: 1H 33M

The Sunday Morning Movie Presents: In The Soup (1992) Run Time: 1H 33M

Why the Rolex rally is on pause in 2025

Why the Rolex rally is on pause in 2025

  • Trending
  • Comments
  • Latest
Newsom, DeSantis join forces to blast ‘idiotic’ push to allow oil drilling off coasts of California, Florida

Newsom, DeSantis join forces to blast ‘idiotic’ push to allow oil drilling off coasts of California, Florida

November 23, 2025
Israeli housing rental platform Venn raises m

Israeli housing rental platform Venn raises $52m

November 18, 2025
What is a credit card spending limit — and what to know

What is a credit card spending limit — and what to know

August 4, 2025
Links 12/10/2025 | naked capitalism

Links 12/10/2025 | naked capitalism

December 10, 2025
5 Senior Discounts Being Eliminated by National Retailers

5 Senior Discounts Being Eliminated by National Retailers

December 7, 2025
AT&T promised the government it won’t pursue DEI

AT&T promised the government it won’t pursue DEI

December 4, 2025
8 spending habits that instantly give away your social class without you realizing it

8 spending habits that instantly give away your social class without you realizing it

0
Unwrap The Gift Of Business Intelligence At The Edge With Observability Insights

Unwrap The Gift Of Business Intelligence At The Edge With Observability Insights

0
Is it Right for Your Trading Strategy?

Is it Right for Your Trading Strategy?

0
2025 was a breakout year for Indian real estate; 2026 looks even stronger: Aman Sarin of Anant Raj

2025 was a breakout year for Indian real estate; 2026 looks even stronger: Aman Sarin of Anant Raj

0
It Should Take a Long Time to Build a Foundation

It Should Take a Long Time to Build a Foundation

0
UK To Monitor Citizens’ Emotions Through CCTV Footage

UK To Monitor Citizens’ Emotions Through CCTV Footage

0
8 spending habits that instantly give away your social class without you realizing it

8 spending habits that instantly give away your social class without you realizing it

December 16, 2025
Is it Right for Your Trading Strategy?

Is it Right for Your Trading Strategy?

December 15, 2025
2025 was a breakout year for Indian real estate; 2026 looks even stronger: Aman Sarin of Anant Raj

2025 was a breakout year for Indian real estate; 2026 looks even stronger: Aman Sarin of Anant Raj

December 15, 2025
Trump open to reviewing pardon for Samourai Bitcoin app developer

Trump open to reviewing pardon for Samourai Bitcoin app developer

December 15, 2025
India’s primary market braces for surge of hospital and IVF IPOs next year

India’s primary market braces for surge of hospital and IVF IPOs next year

December 15, 2025
New York City is officially getting 3 Las Vegas-style casinos

New York City is officially getting 3 Las Vegas-style casinos

December 15, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • 8 spending habits that instantly give away your social class without you realizing it
  • Is it Right for Your Trading Strategy?
  • 2025 was a breakout year for Indian real estate; 2026 looks even stronger: Aman Sarin of Anant Raj
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.