AI Startup Thinking Machines Raises $2 Billion at $12 Billion Valuation
By
spenvo
Crusty in the right places. Worth the chew.
Summary
Thinking Machines Lab, an AI startup founded by Mira Murati, raised $2 billion at a $12 billion valuation in a funding round led by Andreessen Horowitz. The company, launched in February with no revenue or products, showcases Murati's ability to attract investors in a competitive sector.
Key quotes
· 1 pulledThe 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 executives have become coveted targets in an escalating talent war.
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