According to sources familiar with the matter, Thinking Machines Lab, an AI development company founded by former OpenAI CTO Mira Murati, is in talks for a new funding round, aiming to raise at least $1 billion with a pre-money valuation of no less than $40 billion. Existing investor Accel is negotiating to lead the round, and NVIDIA is also in talks to participate. Previously, Thinking Machines Lab launched its first model, Inkling, in July. Notably, the proposed valuation is lower than the company's target at the end of last year, when it planned to raise $4 billion to $5 billion from investors at a valuation exceeding $50 billion.
