Thinking Machines, an AI lab founded by former OpenAI CTO Mira Murati, is reportedly in discussions to raise $1 billion at a valuation of at least $40 billion. Accel is in talks to lead this funding round, which would value the company below its previously sought $50 billion valuation from late last year. The startup has achieved an annual revenue run rate exceeding $100 million, reflecting a high revenue multiple for the proposed valuation. This follows a previous $2 billion seed round led by Andreessen Horowitz. AI
IMPACT This funding round could accelerate Thinking Machines' development and market penetration in the AI space, potentially increasing competition with established players like OpenAI.
RANK_REASON Significant funding round for a prominent AI startup.
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- Accel
- Andreessen Horowitz
- Conviction Partners
- GV
- Inkling
- Lightspeed
- Lilian Weng
- Luke Metz
- Mira Murati
- Nvidia
- OpenAI
- The Information
- Thinking Machines
- Tinker
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