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2026-09-04 09:28:05
[Thinking Machines Lab, founded by former OpenAI CTO, plans to raise $5-6 billion, with Nvidia potentially contributing half] (1) Thinking Machines Lab, an artificial intelligence company founded by former OpenAI CTO Mila Mulatti, is in talks for a new round of financing, planning to raise $5-6 billion, with a pre-money valuation of at least $40 billion; existing investor Andreessen Horowitz (which holds a board seat) is pitching the round to other potential investors. (2) The investor expects Nvidia to contribute about half of the funds (about $2.5 billion), which continues Nvidia's strategic move to expand its influence among open-source AI developers—it previously spent $12.9 billion to acquire the open-source model platform Hugging Face. (3) It is unclear whether this funding is the same as the “substantial” but undisclosed investment Nvidia made in March to Thinking Machines Lab, which Nvidia announced plans to establish a “long-term, gigawatt-scale strategic partnership” with the company, which was widely believed to be aimed at helping the startup obtain its scarce AI server chips.
