A16z eyes leading mega round in former OpenAI CTO’s startup Thinking Machines, sources say


FILE PHOTO: AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

SAN FRANCISCO (Reuters) - Silicon Valley venture capital firm Andreessen Horowitz is in talks to lead an outsized early stage funding round of former OpenAI chief technology officer Mira Murati's startup, according to four sources familiar with the matter.

The startup, named Thinking Machines Lab, could be valued at $10 billion in the round, sources said, making it one of the most valuable AI startups in the world, despite only launching in February. The company, which has no revenue or products yet, is the latest entrant into the crowded space of companies building generative AI models. Thinking Machines has said it wants to build artificial intelligence systems that are safer, more reliable and aimed at a broader number of applications than rivals.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Scale of social media use in pre-school children ‘deeply alarming’
Opinion: Are QR codes computer-friendly?
Pick your handle: WhatsApp preparing reservation queue for usernames
'Kirby Air Riders': A 'Mario Kart' alternative for the Switch 2
Meta delays release of Phoenix mixed-reality glasses to 2027, Business Insider reports
Opinion: How can you tell if something’s been written by ChatGPT? Let’s delve
'Stealing from a thief': How ChatGPT helped Delhi man outsmart scammer, make him 'beg' for forgiveness
A US man was indicted for allegedly cyberstalking women. He says he took advice from ChatGPT.
Apple, Tesla accused of profiting from horrific abuses, environmental destruction
Exclusive-How Netflix won Hollywood's biggest prize, Warner Bros Discovery

Others Also Read