Thinking Machines Lab Targets Historic $2 Billion Seed Funding
Thinking Machines Lab, the new AI venture founded by former OpenAI CTO Mira Murati, is reportedly seeking to raise a staggering $2 billion in seed funding, a move that could place it among the largest early-stage fundraising rounds ever recorded as per TechCrunch.
According to a report from Business Insider, the startup has doubled its original funding target, aiming for a valuation of at least $10 billion if the round closes as planned. The company, which only recently came out of stealth mode, currently has no commercial products or revenue but has attracted significant investor interest due to its impressive talent pool.
Star-Studded AI Talent Draws Investor Confidence
Though Thinking Machines Lab has yet to bring a product to market, it has already assembled an elite team of AI experts, drawing attention from top investors eager to back the next frontier in artificial intelligence.
The startup has secured notable names in the AI field as advisers, including Bob McGrew, OpenAI’s former chief of research, and Alec Radford, a key contributor to OpenAI’s most influential developments. Their involvement, combined with Mira Murati’s leadership, appears to be fueling optimism around the company’s potential.
Also read: Incident.io Secures $62 Million to Transform Incident Management with AI Agents
Aiming to Redefine AI Capabilities
Thinking Machines Lab has set ambitious targets, declaring it will create AI systems more transparent, highly tailored, and widely capable compared to those currently available for purchase today.
Though still in the start of its journey, the company's aggressive fund-raising campaign indicates high ambition to be a significant player in the competitive AI market. Successful completion of this round of funding would establish a new standard for seed-stage investments and give the startup considerable resources to fuel its research and development.
