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

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

Developing

Confidence

70%

Impact: 60%

Updated 2h ago

Consensus Brief

Thinking Machines, an AI lab founded by former OpenAI CTO Mira Murati, is in discussions to raise $1 billion at a valuation of at least $40 billion. The company has an annual revenue run rate of over $100 million, indicating a high revenue multiple at the proposed valuation. This funding round would be below the $50 billion valuation the company sought late last year.

Sourced from

TechCrunchT2

Primary: TechCrunch

What Changed Since Last Update

2h ago

The company is now seeking to raise $1 billion at a lower valuation than previously targeted.

Claim Ledger

4 claims tracked across sources

Confirmed Fact

Thinking Machines has an annual revenue run rate of over $100 million.

Official Claim

Accel is in talks to lead the fundraise.

Confirmed Fact

Thinking Machines was valued at $12 billion in its prior $2 billion fundraising round.

Independent Finding

Several high-profile departures have occurred at Thinking Machines.

Role-Based Impact Analysis

Source Timeline

1 source corroborating

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

TechCrunch·2h ago