Sources: Mira Murati's Thinking Machines Lab is in talks with potential investors to raise about $5B and is aiming for a valuation of at least $50B
Thinking Machines Lab, the artificial intelligence developer co-founded by ex-OpenAI Chief Technology Officer Mira Murati … Bluesky: @drewharwell.com . Threads: @carnage4life Bluesky: Drew Harwell / @drewharwell.com : Nine-month-old AI company you've never heard of that revealed its first product last month wants to be valued as much as Ford [embedded post] Threads: Dare Obasanjo / @carnage4life : How do you raise a $2B seed round in July then need another $5B by November? I don't see how startups like this can survive in the long run given the massive capital needed to compete with FAANG on AI infrastructure. They need a breakthrough in costs. Multiple breakthroughs even, considering compute and power needs.