No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Sunday, March 15, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Ilya Sustkever’s SSI declines Meta acquisition offer – report

by TheAdviserMagazine
9 months ago
in Business
Reading Time: 2 mins read
A A
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

Best high-yield savings interest rates today, June 22, 2025 (best accounts offering 4.0% APY)

Next Post

Bitcoin Traders Eye Future BTC Price Gains Despite Iran Nuclear Strikes Keeping Sellers in Control

Related Posts

edit post
The closed Strait of Hormuz is testing Asia’s energy security. The answer lies in Canada

The closed Strait of Hormuz is testing Asia’s energy security. The answer lies in Canada

by TheAdviserMagazine
March 15, 2026
0

When IRGC brigadier-general Ebrahim Jabari declared the Strait of Hormuz to be closed, 150 oil and LNG tankers decided to...

edit post
2 No-Brainer AI Stocks to Buy Right Now

2 No-Brainer AI Stocks to Buy Right Now

by TheAdviserMagazine
March 15, 2026
0

Artificial intelligence (AI) continues to be the biggest driving force in the stock market today. While investors are still grappling...

edit post
February CPI reading lifts inflation

February CPI reading lifts inflation

by TheAdviserMagazine
March 15, 2026
0

Israel’s Consumer Price Index (CPI) rose 0.2% in February 2026 from the previous month, according to Central Bureau of...

edit post
A tech entrepreneur used AI to help create the first-ever bespoke cancer vaccine for a dog

A tech entrepreneur used AI to help create the first-ever bespoke cancer vaccine for a dog

by TheAdviserMagazine
March 15, 2026
0

In 2024, Sydney tech entrepreneur Paul Conyngham found out his dog Rosie had cancer. But after attacking the diagnosis with...

edit post
My Top 3 Cryptocurrencies to Buy for the Next Bull Run

My Top 3 Cryptocurrencies to Buy for the Next Bull Run

by TheAdviserMagazine
March 15, 2026
0

In 2025, the Fed's interest rate cuts, the Trump Administration's crypto-friendly moves, and new spot price exchange-traded funds (ETFs) propelled...

edit post
Neve Tzedek lot sells for NIS 13m

Neve Tzedek lot sells for NIS 13m

by TheAdviserMagazine
March 15, 2026
0

A 178 square meter lot in Tel Aviv’s Neve Tzedek neighborhood has been sold for NIS 13 million. Negotiations...

Next Post
edit post
Bitcoin Traders Eye Future BTC Price Gains Despite Iran Nuclear Strikes Keeping Sellers in Control

Bitcoin Traders Eye Future BTC Price Gains Despite Iran Nuclear Strikes Keeping Sellers in Control

edit 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

  • Trending
  • Comments
  • Latest
edit post
Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

February 24, 2026
edit post
Gasoline-starved California is turning to fuel from the Bahamas

Gasoline-starved California is turning to fuel from the Bahamas

February 15, 2026
edit post
7 States Reporting a Surge in Norovirus Cases

7 States Reporting a Surge in Norovirus Cases

February 22, 2026
edit post
Where Is My 2025 Oregon State Tax Refund

Where Is My 2025 Oregon State Tax Refund

February 13, 2026
edit post
2025 Delaware State Tax Refund – DE Tax Brackets

2025 Delaware State Tax Refund – DE Tax Brackets

February 16, 2026
edit post
The Growing Movement to End Property Taxes Continues in Kentucky, And What It Means For Investors

The Growing Movement to End Property Taxes Continues in Kentucky, And What It Means For Investors

March 2, 2026
edit post
Latam Insights: Paraguay Adds Stringent Crypto Reporting Rules, Argentina Blocks Peso Stablecoin

Latam Insights: Paraguay Adds Stringent Crypto Reporting Rules, Argentina Blocks Peso Stablecoin

0
edit post
The Hidden Risk in Aging‑in‑Place Gadgets: Why Some Amazon Products Don’t Meet Safety Standards

The Hidden Risk in Aging‑in‑Place Gadgets: Why Some Amazon Products Don’t Meet Safety Standards

0
edit post
Is Wall Street the Real Villain of the Housing Market?

Is Wall Street the Real Villain of the Housing Market?

0
edit post
The closed Strait of Hormuz is testing Asia’s energy security. The answer lies in Canada

The closed Strait of Hormuz is testing Asia’s energy security. The answer lies in Canada

0
edit post
February CPI reading lifts inflation

February CPI reading lifts inflation

0
edit post
Dividend Aristocrats In Focus: Nucor Corporation

Dividend Aristocrats In Focus: Nucor Corporation

0
edit post
Latam Insights: Paraguay Adds Stringent Crypto Reporting Rules, Argentina Blocks Peso Stablecoin

Latam Insights: Paraguay Adds Stringent Crypto Reporting Rules, Argentina Blocks Peso Stablecoin

March 15, 2026
edit post
The Hidden Risk in Aging‑in‑Place Gadgets: Why Some Amazon Products Don’t Meet Safety Standards

The Hidden Risk in Aging‑in‑Place Gadgets: Why Some Amazon Products Don’t Meet Safety Standards

March 15, 2026
edit post
The closed Strait of Hormuz is testing Asia’s energy security. The answer lies in Canada

The closed Strait of Hormuz is testing Asia’s energy security. The answer lies in Canada

March 15, 2026
edit post
2 No-Brainer AI Stocks to Buy Right Now

2 No-Brainer AI Stocks to Buy Right Now

March 15, 2026
edit post
New IRS MATH Act: What It Means for Error Notices and Your Right to Challenge Them

New IRS MATH Act: What It Means for Error Notices and Your Right to Challenge Them

March 15, 2026
edit post
February CPI reading lifts inflation

February CPI reading lifts inflation

March 15, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Latam Insights: Paraguay Adds Stringent Crypto Reporting Rules, Argentina Blocks Peso Stablecoin
  • The Hidden Risk in Aging‑in‑Place Gadgets: Why Some Amazon Products Don’t Meet Safety Standards
  • The closed Strait of Hormuz is testing Asia’s energy security. The answer lies in Canada
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

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

Welcome Back!

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
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

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