Former OpenAI executive Ilya Sutskever has successfully raised $1 billion for his new AI startup, Safe Superintelligence (SSI), which is just three months old and currently valued at $5 billion. The startup, which focuses on safety in artificial intelligence, employs 10 people. This development comes amidst a flurry of AI-related announcements, including Apple's unveiling of Visual Intelligence for the iPhone 16, Google DeepMind's introduction of AlphaProteo, and OpenAI's new Strawberry model, which is designed for mission-critical tasks but noted as sluggish. There is also ongoing controversy surrounding Matt Schumer's Reflection 70B. The AI sector continues to see significant advancements and investments, underscoring the ongoing hype and rapid evolution in the field.