OpenAI’s former CTO Mira Murati’s startup Thinking Machines raises $2 billion led by a16z

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Thinking Machines Lab, the artificial intelligence startup founded by former OpenAI executive Mira Murati, said on Tuesday it has raised about $2 billion at a valuation of $12 billion in a funding round led by venture capital firm Andreessen Horowitz.

The fundraise also saw participation from AI chip giant Nvidia, Accel, ServiceNow, Cisco, AMD and Jane Street, the startup said.

The massive funding round for a company launched only in February, with no revenue or products yet, underscores Murati’s ability to attract investors in a sector where top…



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OpenAI’s former CTO Mira Murati’s startup Thinking Machines raises $2 billion led by a16z



Thinking Machines Lab, the artificial intelligence startup founded by former OpenAI executive Mira Murati, said on Tuesday it has raised about $2 billion at a valuation of $12 billion in a funding round led by venture capital firm Andreessen Horowitz.

The fundraise also saw participation from AI chip giant Nvidia, Accel, ServiceNow, Cisco, AMD and Jane Street, the startup said.

The massive funding round for a company launched only in February, with no revenue or products yet, underscores Murati’s ability to attract investors in a sector where top…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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