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OpenAI Co-Founder Summons Eldridge Entities to Fund AI Safety Spell; Raises $1 Billion From Tech Wizards

In a stunning display of financial wizardry and arcane investor rituals, OpenAI co-founder Ilya Sutskever has managed to conjure $1 billion for his latest startup, Safe Superintelligence (SSI). The company, founded a mere three months ago, promises—among its other noble goals—to tame artificial intelligence into a cozy pet that even your grandma could approve of.

The startup’s early valuation now stands at $5 billion, effectively making it more valuable than the collective GDP of several small nations, while employing fewer people than your local coffee shop. “It’s incredible,” said a gnome masquerading as a tech insider. “SSI’s valuation just keeps inflating like a soufflé made by Gordon Ramsay.”

SSI intends to focus on ensuring AI doesn’t become the overlord of humanity: a comforting thought to those spending sleepless nights pondering about apocalyptic robot takeovers. Plans include spending copious amounts of cash on computing power, luring top talent, and possibly buying a small island in the Pacific as a future-proof headquarters.

With tech titans such as Andreessen Horowitz and Sequoia Capital bankrolling the enterprise, Sutskever seems poised to achieve world peace—or at least, quell the robot revolution. “Investors saw the PowerPoint presentation, loved the color scheme, and said ‘Shut up and take my money,'” Sutskever supposedly quipped in an imaginary press conference that never actually happened.

While skeptics point to the fact that SSI has yet to release a single product, fans are quick to argue that the company’s superpower lies in its potential—much like the mysterious sock that somehow escapes every laundry cycle unscathed. “So what if they haven’t released anything yet?” said Danielle Grossworth, a self-proclaimed AI enthusiast with zero shares in the startup. “Rome wasn’t built in a day, and neither is the utopic vision of non-hostile AI.”

Industry experts predict that this funding round could inspire a new wave of ethically conscious AI startups, either born from real concern for human safety or sheer FOMO. Either way, venture capitalists are ready to throw their money around like it’s Monopoly night.

As Sutskever and his merry band of disruptors march forward, the world watches—with both hope and apprehension—waiting to see if this billion-dollar gamble will indeed sow the seeds of a safe AI future or become another footnote in the annals of Silicon Valley excess.