Mira Murati’s Thinking Machines seeks $50 billion valuation in funding talks: Bloomberg

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Thinking Machines Lab, the artificial intelligence startup founded by former OpenAI executive Mira Murati, is in early talks to raise a new funding round at a roughly $50 billion valuation, Bloomberg News reported on Thursday.

The startup was last valued at $12 billion in July, after it raised about $2 billion.

Some sources told Bloomberg that Thinking Machines is looking at a valuation of about $50 billion, while others said it could rise to closer to $55 billion or $60 billion.

The deal terms have not yet been finalized and could change, the report…



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Mira Murati’s Thinking Machines seeks $50 billion valuation in funding talks: Bloomberg



Thinking Machines Lab, the artificial intelligence startup founded by former OpenAI executive Mira Murati, is in early talks to raise a new funding round at a roughly $50 billion valuation, Bloomberg News reported on Thursday.

The startup was last valued at $12 billion in July, after it raised about $2 billion.

Some sources told Bloomberg that Thinking Machines is looking at a valuation of about $50 billion, while others said it could rise to closer to $55 billion or $60 billion.

The deal terms have not yet been finalized and could change, the report…



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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