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Thinking Machines Lab Secures $2 Billion Seed Round at $12 Billion Valuation

It is leveraging a Google Cloud partnership to scale its ex-OpenAI research team.

Mira Murati, Chief Technology Officer of OpenAI, speaks during The Wall Street Journal's WSJ Tech Live Conference in Laguna Beach, California on October 17, 2023. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)
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Overview

  • Andreessen Horowitz led the seed round with participation from NVIDIA, Accel, ServiceNow, Cisco, AMD and Jane Street.
  • Nearly two-thirds of the company’s founding team comprises former OpenAI researchers and engineers.
  • The startup has struck a deal with Google Cloud to power its multimodal AI infrastructure.
  • Murati says the first multimodal AI product will arrive in the next few months and include a significant open source component for researchers and startups.
  • The funding comes as US startups raised a record $162.8 billion in the first half of 2025, with AI projects accounting for 64.1% of the total.