Thinking Machines Eyes $40B Valuation

Thinking Machines Lab is reportedly pursuing new funding at a valuation of up to $40 billion, according to The Information. The AI startup, founded by former OpenAI CTO Mira Murati, has not publicly disclosed financing terms, investor commitments, or a product tied to the reported valuation. For AI builders, the headline is less about immediate tooling and more about where capital is concentrating. Investors appear willing to price elite research teams at frontier-lab levels before they have broadly available models or developer platforms. Until Thinking Machines releases technical details, benchmarks, pricing, or API availability, the $40 billion figure should be treated as a signal of fundraising appetite rather than evidence of model performance or adoption.