Thinking Machines in line for $1B infusion led by Accel
Thinking Machines, the AI lab founded by former OpenAI CTO Mira Murati, is reportedly in talks to raise $1 billion at a valuation of at least $40 billion. Existing investor Accel is said to be leading the round, which would value the company below the $50 billion it sought earlier. The startup's annual revenue run rate exceeds $100 million, and it previously raised $2 billion at a $12 billion valuation.
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This summary is AI-generated and original to Mobble; the linked article is the authoritative source.
Original headline: “Accel reportedly in talks to lead $1B round for Thinking Machines at $40B valuation.” Browse more stories.