AI startup Thinking Machines Lab, founded by Mira Murati, closed a $2 billion seed round led by Andreessen Horowitz, valuing the startup at $12 billion.
The funding round with investors like NVIDIA, Accel, and others marks one of the largest seed rounds in Silicon Valley history, showcasing investor interest in AI startups.
Thinking Machines Lab, less than a year old, plans to unveil its first product in the coming months, including a significant open source offering, according to Murati.
While attracting talent from OpenAI, there were talks of acquisition by Meta, but it didn't finalize. The startup aims to compete with leading AI developers with its multimodal AI approach.