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Thinking Machines Lab Eyes $2 Billion Seed Round at $10 Billion Valuation

Led by former OpenAI CTO Mira Murati, the startup is attracting significant interest from top venture capital firms as it seeks record-breaking early-stage funding.

AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
OpenAI's ChatGPT, led by CTO Mira Murati (pictured) and cofounder Sam Altman, caused a "bit of a panic" inside Amazon when they launched ChatGPT at the end of 2022.
Thinking Machines founder Mira Murati
Former OpenAI CTO Mira Murati speaking in December 2024 in San Francisco.

Overview

  • Thinking Machines Lab, launched by Mira Murati in February 2025, is targeting a $2 billion seed round, doubling its initial funding goal.
  • The startup is reportedly valued at approximately $10 billion, despite having no products or revenue to date.
  • Top venture capital firms, including Andreessen Horowitz and Sequoia Capital, are in discussions to lead the funding round.
  • The company has assembled a high-caliber team, with many former OpenAI executives, including John Schulman and Alec Radford, joining the venture.
  • Investor enthusiasm for Thinking Machines Lab highlights confidence in transformative AI opportunities, even during a period of economic uncertainty.