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AI Startup Thinking Machines Lab Eyes Record-Breaking Seed Funding Round
Thinking Machines Lab, the new artificial intelligence startup founded by former OpenAI Chief Technology Officer Mira Murati, is reportedly seeking to secure a historic seed funding round. The company is aiming for one of the largest initial capital raises in history, signaling strong investor interest in its vision for the future of AI.
Ambitious Funding Target
According to a report by Business Insider, Thinking Machines Lab has increased its target for its seed funding round to $2 billion. If successfully closed at this amount, the investment round would value the nascent company at a minimum of $10 billion, as reported by Business Insider.
Investor Interest Driven by AI Talent
Despite being in its early stages of development and currently without a publicly available product or generating revenue, Thinking Machines Lab has garnered significant attention from investors. The primary driver for this interest is reportedly the company’s team, which includes a roster of highly respected AI researchers and engineers. This wealth of expertise is likely the key factor attracting substantial capital.
Key AI Researchers Join as Advisors
Recent additions to Thinking Machines Lab include prominent figures from the AI research community. Bob McGrew, formerly OpenAI’s Chief Research Officer, and Alec Radford, a former OpenAI researcher renowned for his contributions to transformative AI innovations, have joined the startup as advisors. These high-profile appointments further solidify the company’s strong foundation in artificial intelligence.
Vision for Advanced AI Systems
Thinking Machines Lab has previously stated its objective to develop AI systems that are “more widely understood, customizable, and generally capable” compared to existing technologies. This ambition, combined with its team of leading experts, positions the company as a potentially significant player in the rapidly evolving field of artificial intelligence.
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