Ilya Suskova has raised a seed round of $1 billion for his startup SSI. The startup, called Safe Super Intelligence (SSI), aims to develop a safe and secure foundation model for AI. The funding round was led by prominent investors, including Andreessen Horowitz and Sequoia Capital. The team at SSI consists of 10 people, and they plan to allocate a significant portion of the funding towards compute. However, it may take up to two years before they have a product ready for the market. The future of AI and the competition with Anthropic, another AI company focused on safety, are key questions raised by this development.