Ilya Sutskever's new startup SSI raked in $1 billion in funding in September 2024.
JACK GUEZ/ Getty
- There is an impending wave of new startups spinning out of larger AI labs, per Air Street Capital's State of AI report.
- AI labs are fragmenting due to ego clashes, philosophical disagreements, and commercial pressures.
- Investor interest in these upstarts is still high, galvanizing founders to launch their own labs.
The high-stakes race to build the world's most...