🤯 Ex-OpenAI Founder Raises $1B For New Startup

‎ ‎

Hey Waivly Crew! 🌊 In today’s edition, we’ve got a variety of topics to explore.

‎‎‏‏‎ ‎‎

Here’s what’s on the horizon today:

• OpenAI co-founder raises $1 billion for his new AI firm

• Instagram to allow users to comment on stories

• Ripple seeks stay on $125 million SEC payout

• Polygon begins migration from MATIC to POL

Let’s dive in!

STORIES MAKING A SPLASH

^_AI
OpenAI co-founder raises $1 billion for his new AI firm

Ilya Sutskever, co-founder and ex-chief scientist of OpenAI, has raised $1 billion for his new AI startup, Safe Superintelligence Inc. (SSI), valuing the company at $5 billion. The funding comes from notable investors including NFDG, a16z, Sequoia, DST Global, and SV Angel.

Sutskever, alongside engineer Dan Levy, left OpenAI in June 2024, just after creating the firm's “Superalignment” safety team. While Sutskever cited a desire to pursue new opportunities, some former employees suggested internal conflicts with CEO Sam Altman and the board.

SSI aims to develop a single AI model that surpasses human intelligence while ensuring safety. This contrasts with other firms like Anthropic and OpenAI, which also focus on safe AI but with broader missions. SSI's unique approach is its commitment to creating only one superintelligent product.

^{_{EDITION IN PARTNERSHIP WITH}}
Growth School

🦾 Master AI & ChatGPT for FREE in just 3 hours 🤯

1 Million+ people have attended, and are RAVING about this AI Workshop.
Don’t believe us? Attend it for free and see it for yourself.

Save your spot here. (100 free spots only)

Highly Recommended: 🚀

Join this 3-hour Power-Packed Masterclass worth $399 for absolutely free and learn 20+ AI tools to become 10x better & faster at what you do

👉Save your seat  now (FREE for First 100)

🗓️ Tomorrow | ⏱️ 10 AM EST

In this Masterclass, you’ll learn how to:

🚀 Do quick excel analysis & make AI-powered PPTs 
🚀 Build your own personal AI assistant to save 10+ hours
🚀 Become an expert at prompting & learn 20+ AI tools
🚀 Research faster & make your life a lot simpler & more…

👉 Register here (Offer valid for First 100 people only)🎁

^_TECH
Instagram to allow users to comment on stories

Instagram is introducing public comments on Stories, moving beyond the previous private message feature. This change allows followers who are also followed back by the poster to leave comments directly on Stories, making interactions more visible.

Comments on Stories will be temporary, lasting only 24 hours, and users can toggle this feature on or off for each Story. It remains unclear if comments will be archived after the Story expires, with Instagram yet to provide further details.

This update follows Instagram's trend of enhancing interactive features on Stories and Reels. Recently, the platform also introduced disappearing “Notes” for grid posts and Reels, which expire after three days and can be shared with mutual follows or a curated list of close friends, emphasizing engagement over mere content consumption.

^{_{CAREER DEVELOPMENT}}
Grab this high success rate CV template

Your CV is your first impression to employers, make it count 💯 We've got a perfect CV template for you to use in your job search which has one of the highest success rates out of any format.

‎‎‏‏‎ ‎‎

It includes all the information employers need to see in a clear and straightforward way. Get it now at Work.Waivly.com and supercharge your application efforts now! 🙌

WEB3 SPECIAL

^{_{WEB3 SPECIAL}}
Ripple seeks stay on $125 million SEC payout

Ripple Labs is seeking to delay the $125 million judgment imposed on August 7 by the U.S. Securities and Exchange Commission (SEC). In a September 4 filing, Ripple's lawyers proposed placing $139 million—111% of the judgment—into a bank account until 30 days after the appeal period or resolution of any appeal.

The SEC has agreed to postpone the payment deadline beyond September 6, suggesting the possibility of an appeal. Ripple executives, including CEO Brad Garlinghouse, celebrated the August judgment as a “victory,” while the company expressed respect for the fine.

The SEC's case, alleging Ripple used XRP as an unregistered security, initially targeted Ripple's top executives. However, in July 2023, Judge Torres ruled that XRP tokens were not securities in the context of programmatic sales on exchanges.

^{_{WEB3 SPECIAL}}
Polygon begins migration from MATIC to POL

Polygon has officially launched the migration to its new token, POL, after a year of community discussions. POL will replace MATIC as the native gas and staking token on the Polygon PoS chain, with exchanges expected to list it soon.

This transition is pivotal for Polygon’s shift to a ZK chain and integration with AggLayer, which aims to unify liquidity and state across chains. POL will retain MATIC’s tokenomics with a supply of 10 billion tokens.

The MATIC to POL conversion is 1:1, with a 2% annual increase in emissions over ten years to support growth. MATIC holders on Polygon PoS will see the upgrade automatically, while those on Ethereum, Polygon zkEVM, or centralized exchanges must manually migrate their tokens. POL will also gain expanded functionalities in block production, zero-knowledge proof generation, and Data Availability Committees (DACs).

SAIL INTO A NEW CAREER

^{_{NEW JOB OPPORTUNITIES}}
Waivly Work Highlights

👩‍💻 Business Development Manager at iLogos Game Studios

👩‍💻 Client Success Partner at iLogos Game Studios

👩‍💻 Blockchain Infrastructure Engineer at Status

👩‍💻 SR Fullstack Development (Java) at ília

👩‍💻 Associate Product Manager at Polygon

👩‍💻 Platforms Engineer at Chorus One

👩‍💻 Executive Assistant at OP Labs

👩‍💻 Community Lead at WOO

THE WAVES

^{_{OTHER NEWS}}
More Stories Surfing The Web

📱 Apple’s next iPhone SE might get an OLED upgrade

📊 Study reveals 57% of online content is AI-generated

🚀 GPT-Next will be 100x more powerful than GPT-4

💼 Verizon in talks to buy Frontier Communications

‎‎‏‎Discover more Waves in the Waivly Community. Click here to get onboard and join the community! 🌊

EXCLUSIVE WAIVLY+ STORY

^_WAIVLY+
Members-Only Story of The Day

As a Waivly+ member, you can enjoy today’s exclusive story as well as a huge lineup of other exciting perks including:

• Members-only Web3, AI, and tech content, insights, and news

• A bonus weekly newsletter to recap on everything in the week

• Private Discord channels, first-looks on new projects, and more

Not a member yet? Join Waivly+ now by clicking here 🎊 Enjoy a 50% saving on your membership by joining today!

BACK TO THE SHORE

^{_{THANKS FOR READING}}
That wraps up today’s newsletter

We hope you enjoyed today’s newsletter 🙌 Let us know what you thought of it by sharing your opinion on the poll below. Want to share feedback or suggestions? Respond to this email‏ - We read every reply! Make sure to follow us on X, TikTok, YouTube, Instagram, and LinkedIn for even more content throughout the day - We’re @Waivly everywhere!‎‎

*Waivly+ is the premium Waivly membership. Join at anytime by clicking “Subscribe” and cancel anytime by heading to your account on Waivly.

*Want to advertise with Waivly? Click here to see our Advertisement packages.