According to CNBC, ineffable Intelligence has emerged from stealth with a $5.1 billion valuation.

A former top researcher at Google's AI division DeepMind has announced a record $1.1 billion seed round for his months-old startup, Ineffable Intelligence.

The fundraising highlights a surge in investor appetite for AI ventures focused on advanced capabilities.

The startup's focus on superintelligence aligns with broader market trends in the semiconductor and AI sectors, where companies are increasingly vying for dominance in next-generation technologies.