Overview

• Mira Murati, former CTO of OpenAI, has doubled the funding target for her AI startup, Thinking Machines Lab, to $2 billion, up from $1 billion initially sought earlier this year.
• If successful, the $2 billion seed round would be among the largest in tech history, signaling strong investor enthusiasm for AI innovation.
• The startup has attracted a high-profile team, including former OpenAI executives and researchers such as Bob McGrew, Alec Radford, and John Schulman.
• Thinking Machines Lab aims to develop AI systems that are more accessible, customizable, and capable, though specific product details remain unclear.
• This development highlights a broader trend of increasing seed round sizes in the AI sector, driven by rising costs and heightened market expectations.