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Accel reportedly in talks to lead $1B round for Thinking Machines at $40B valuation

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CitrixNews Staff
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Accel reportedly in talks to lead $1B round for Thinking Machines at $40B valuation

Thinking Machines, the AI lab founded early last year by former OpenAI CTO Mira Murati, is in discussions to raise $1 billion at a valuation of at least $40 billion, The Information reported Thursday.  Existing backer Accel is in talks to lead the fundraise, according to our source and The Information’s reporting.

The new round, if it is completed, would value the company below the $50 billion valuation that Thinking Machines reportedly sought to secure late last year.

Originally reported by TechCrunch. Read the full story at the original source.