According to Bloomberg, individuals with knowledge of the situation have disclosed that Thinking Machines Lab, an AI startup established by Mira Murati, the former Chief Technology Officer of OpenAI, is currently engaged in preliminary discussions for a fresh round of funding. The startup's valuation in this potential round could soar to $50 billion, marking a more than threefold surge from its $12 billion valuation in July. Should the funding be secured, Thinking Machines Lab would ascend to the ranks of the globe's most highly valued private companies within a mere year of its inception. Nonetheless, it's important to note that the deal's terms remain unfinalized and are open to modification. Some sources also indicated that while the company is aiming for a valuation in the vicinity of $50 billion, this figure could potentially climb to nearly $55 billion or even $60 billion. Earlier in July of this year, Thinking Machines Lab proclaimed the completion of a $2 billion seed funding round, securing funds at a $12 billion valuation and simultaneously unveiling its inaugural product, Tinker.