Thinking Machines Lab In Talks to Raise Billions at Roughly $40 Billion Valuation

Thinking Machines Lab, an AI developer led by former OpenAI CTO Mira Murati, is in talks to raise at least $1 billion at a valuation of at least $40 billion. Existing investor Accel is reportedly leading the round, with Nvidia also in discussions to participate. The proposed valuation is lower than the $50 billion-plus figure the company sought late last year, reflecting a more cautious investment climate.

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