# Mira Murati's AI startup is reportedly aiming for a massive $2B seed round Source: https://techcrunch.com/2025/04/10/mira-muratis-ai-startup-is-reportedly-aiming-for-a-massive-2b-seed-round Kiwi News: https://news.kiwistand.com/stories/Mira-Muratis-AI-startup-is-reportedly-aiming-for-a-massive-dollar2B-seed-round?index=0x67fc32851795ed64c5b2fa57f01a44ba65b20c4b5e9d30bdd9a21743eda0d8e42c921842 Submitted by tim on 2025-04-13 UTC, 2 upvotes, 2 comments ## Summary Thinking Machines Lab, the AI startup founded by former OpenAI CTO Mira Murati, is reportedly seeking to raise a $2 billion seed round, double its earlier target. Business Insider reported that the round, if it closes as planned, would value the company at "at least" $10 billion. The startup has recently emerged from stealth and has no product or revenue, but it has attracted dozens of high-profile AI researchers. Bob McGrew, previously OpenAI's chief research officer, and Alec Radford, a former OpenAI researcher, recently joined as advisers. ## Article In Brief Posted: 12:58 PM PDT · April 10, 2025 Image Credits:Getty Images Thinking Machines Lab, the new AI startup from ex-OpenAI CTO Mira Murati, is reportedly attempting to close one of the largest seed rounds in history. Business Insider reported on Thursday that Thinking Machines Lab has doubled the target for its seed funding round to $2 billion. The round, should it close according to plan, would value the company at “at least” $10 billion, per Business Insider’s reporting. Thinking Machines Lab only recently emerged from stealth and has no product or revenue to speak of. What it does have — and what’s likely convincing investors to fork over cash — is dozens of high-profile AI researchers in its ranks. Just recently, Bob McGrew, previously OpenAI’s chief research officer, and Alec Radford, a former OpenAI researcher behind many of the company’s more transformative innovations, joined Thinking Machines Lab as advisers. Thinking Machines Lab previously said it intends to create AI systems that are “more widely understood, customizable, and generally capable” than those currently available. Newsletters Subscribe for the industry’s biggest tech news Related Latest in AI ## Comments **tim**: This is Ethereum related, because at a 10B USD market cap, her new pre-product company would rank 12th on Coingecko, which is actually notable. One thing that has become pretty clear is that valuations in the crypto space really have come down. Go and look at the common „Unicorn“ anchor, a fresh company valued at 1B USD. Back in the days we‘d see a new unicorn each week. But now most of the really well working DeFi products are „just“ unicorns **tim**: Just consider, Circle's IPO is going to be around 5B USD