Re:Ilya Sutskever's SSI Inc raises $1B
by DalasNoin on Wednesday September 04, 2024 @10:39AM
(#41446354)
Ilya went to university in israel and all founders are jewish. Many labs have offices outside of the US, like london, due to crazy immigration law in the us.
Re:Ilya Sutskever's SSI Inc raises $1B
by CuriouslyC on Wednesday September 04, 2024 @11:00AM
(#41446579)
There are actually a ton of reasons to like London. The engineering talent is close to bay level for fintech/security systems engineers while being 60% of the price, it has 186% deductions with cash back instead of carry forward for R&D spending, it has the best AI researchers in the world and profit from patents is only taxed at 10% in the UK.
Re:Ilya Sutskever's SSI Inc raises $1B
by christianqchung on Wednesday September 04, 2024 @11:41AM
(#41447084)
If London has the best AI researchers in the world, why are all the top companies (minus Mistral) American?
Re:Ilya Sutskever's SSI Inc raises $1B
by CuriouslyC on Wednesday September 04, 2024 @12:05PM
(#41447363)
People are choosing headquarters for access to capital capital rather than talent. That should tell you a lot about the current dynamics of the AI boom.
Re:Ilya Sutskever's SSI Inc raises $1B
by HaukeHi on Wednesday September 04, 2024 @12:03PM
(#41447342)
Demis Hassabis says that half of all innovations that caused the recent AI boom came from DeepMind, which is London based.
Re:Ilya Sutskever's SSI Inc raises $1B
by riku_iki on Wednesday September 04, 2024 @02:03PM
(#41448652)
his opinion is obviously biased.
If we say that half of innovations came from Alphabet/Google, then most of them (transformers, LLMs, tensorflow) came from Google Research and not Deep Mind.
Re:Ilya Sutskever's SSI Inc raises $1B
by seanf on Wednesday September 04, 2024 @11:55AM
(#41447250)
Google Deepmind is based in London.
Re:Ilya Sutskever's SSI Inc raises $1B
by infecto on Wednesday September 04, 2024 @10:50AM
(#41446468)
Many companies have offices outside because of talent pools, costs, and other regional advantages. Though I am sure some of it is due to immigration law, I don't believe that is generally the main factor. Plus the same could be said for most other countries.
Re:Ilya Sutskever's SSI Inc raises $1B
by AlanYx on Wednesday September 04, 2024 @10:56AM
(#41446533)
Part of it may also be a way to mitigate potential regulatory risk. Israel thus far does not have an equivalent to something like SB1047 (the closest they've come is participation in the Council of Europe AI treaty negotiations), and SSI will be well-positioned to lobby against intrusive regulation domestically in Israel.
Re:Ilya Sutskever's SSI Inc raises $1B
by tinyhouse on Wednesday September 04, 2024 @11:05AM
(#41446633)
Ilya also lived in Israel as a kid from age 5 to 15 so he speaks Hebrew. His family emigrated from Russia. Later they moved to Canada.
Source: Wikipedia.
Re:Ilya Sutskever's SSI Inc raises $1B
by danielovichdk on Wednesday September 04, 2024 @10:41AM
(#41446383)
I wasn't aware of his or any of the other founders background. Simply thought it was political somehow.
Thanks.
Re:Ilya Sutskever's SSI Inc raises $1B
by lupire on Wednesday September 04, 2024 @03:57PM
(#41450037)
Two of the founders are Israeli and the other is French, I think (went to University in France).
Israel is a leading AI and software development hub in the world.
Re:Ilya Sutskever's SSI Inc raises $1B
by ignoramous on Wednesday September 04, 2024 @08:25PM
(#41452259)
> Israel is a leading AI and software development hub...
Yep, and if any place will produce the safest AI ever, its got to be there.
Re:Ilya Sutskever's SSI Inc raises $1B
by mattfrommars on Thursday September 05, 2024 @12:55AM
(#41453607)
Safest place for AI? Their miltary has the worse track and a complete fascist state. Israel is the worst place to fund "safe and humane AI"
Israeli military operations continues to this day with over 41,000 civilians killed.
Re:Ilya Sutskever's SSI Inc raises $1B
by KingMob on Thursday September 05, 2024 @05:55AM
(#41455132)
Pretty sure they're being sarcastic.
Because it's a startup hub, there is great engineering talent there, and the cost of living is lower than the US.
Re:Ilya Sutskever's SSI Inc raises $1B
by amscanne on Wednesday September 04, 2024 @10:53AM
(#41446497)
Cost of living is extremely high in Tel Aviv, but the rest is true.
Re:Ilya Sutskever's SSI Inc raises $1B
by bdcravens on Wednesday September 04, 2024 @11:08AM
(#41446675)
For the region, yes. Compared to the US, it's closer to Houston and Chicago, and way less that the typical tech hubs like the Bay or NYC.
Re:Ilya Sutskever's SSI Inc raises $1B
by petesergeant on Wednesday September 04, 2024 @11:05AM
(#41446640)
Israel is geographically pretty small though -- I'm guessing you could live an hour up or down the coast and have it be an outrageous commute for people accustomed to the Bay Area?
Re:Ilya Sutskever's SSI Inc raises $1B
by nunez on Wednesday September 04, 2024 @11:40AM
(#41447069)
Israel has insane engineering and science talent.
Re:Ilya Sutskever's SSI Inc raises $1B
by bdcravens on Wednesday September 04, 2024 @11:05AM
(#41446639)
Why not? The Bay isn't the only place with talent. Many of the big tech powerhouse companies already have offices there. There's also many Israeli nationals working the US that may find moving back closer to family a massive advantage.
Re:Ilya Sutskever's SSI Inc raises $1B
by damanoman on Wednesday September 04, 2024 @09:32PM
(#41452638)
Is it as open to outsiders as the Bay is? I’m Asian for example and it seems the society there is far more homogenous than in the Bay. I have no idea so I’m curious.
Re:Ilya Sutskever's SSI Inc raises $1B
by myth_drannon on Wednesday September 04, 2024 @11:30AM
(#41446946)
Israel is the largest AI startup hub.
Re:Ilya Sutskever's SSI Inc raises $1B
by bbqfog on Wednesday September 04, 2024 @06:00PM
(#41451319)
Absolute deal breaker for me, and many others. I hope they fail.
Daniel is Israeli.
Re:Ilya Sutskever's SSI Inc raises $1B
by verybright on Thursday September 05, 2024 @06:59AM
(#41455418)
It's the biggest concentration of Ashkenazi Jews outside of the US.
Why Tel Aviv in Israel ?