(Reuters) -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 […]
Science
Mira Murati’s Thinking Machines seeks $50 billion valuation in funding talks, Bloomberg News reports
Audio By Carbonatix
(Reuters) -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 added.
Thinking Machines did not immediately respond to a Reuters request for comment.
The development follows a Wall Street Journal report last month that said Andrew Tulloch, co-founder of Thinking Machines, left the AI company to join Meta Platforms.
It launched its first product called Tinker, which helps fine-tune language models in October.
(Reporting by Juby Babu in Mexico City; Editing by Alan Barona)