Startup Miry Murati is valued at $12 billion at the Seed round stage

Thinking Machines Lab — an artificial intelligence startup founded by former OpenAI Chief Technology Officer Mira Murati — has officially closed a $2 billion Seed funding round led by Andreessen Horowitz. The round also included participation from Nvidia, Accel, ServiceNow, Cisco, AMD, and Jane Street. The deal values the startup at $12 billion.

The deal became one of the largest Seed rounds in Silicon Valley history and reflects strong investor interest in promising AI laboratories.

The company plans to launch its first product in the next couple of months. It will include a "significant open-source offering" and will be useful for researchers and startups building their own AI models.

To date, Thinking Machines Lab is one of the few AI startups that investors consider a real threat to market leaders such as OpenAI, Anthropic, and Google DeepMind.

With billion-dollar funding, Murati has the resources to train advanced AI models. Previously, Thinking Machines Lab signed an agreement with Google Cloud, which will provide infrastructure support.

Source: techcrunch.com