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AIBusinessTech

Thinking Machines Lab just raised the largest AI seed round ever

AI startup Thinking Machines Lab hits $12B valuation with record $2B seed round backed by a16z, NVIDIA, and AMD.

By
Shubham Sawarkar
Shubham Sawarkar's avatar
ByShubham Sawarkar
Editor-in-Chief
I’m a tech enthusiast who loves exploring gadgets, trends, and innovations. With certifications in CISCO Routing & Switching and Windows Server Administration, I bring a sharp...
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Jul 16, 2025, 6:51 AM EDT
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A portrait photograph of Mira Murati, the former CTO of OpenAI, who is now the CEO of Thinking Machines Lab—a company focused on artificial intelligence research and product development—was featured in the Spring 2023 issue of Dartmouth Engineer magazine. In the image, Mira has long dark brown hair and is set against a light gray background. She is wearing a white shirt or blouse and is looking at the camera with a slight smile. The photograph is a professional headshot with clean, minimal styling.
Photo: Dartmouth Engineer magazine (Crop: GadgetBond)
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Well, folks, the AI world just got a whole lot more interesting. Thinking Machines Lab, a shiny new artificial intelligence startup, has burst onto the scene with a jaw-dropping $2 billion in seed funding—yep, you read that right, seed funding. This isn’t just a big deal; it’s the largest seed round in history, valuing the company at a cool $12 billion before they’ve even shipped a product. Led by the powerhouse venture firm Andreessen Horowitz (a16z), with heavy hitters like NVIDIA, Accel, ServiceNow, CISCO, AMD, Jane Street, and more jumping in, this massive cash haul is a neon sign flashing: “The AI race is on, and it’s getting wild.”

So, who’s behind this bold new player? Thinking Machines Lab is the brainchild of a team of ex-OpenAI rockstars, and they’re not messing around. The company confirmed its lineup to WIRED this week, giving us the first official peek at the dream team. Leading the charge is CEO Mira Murati, who stepped down as OpenAI’s chief technology officer in September 2024 after a high-profile stint that had everyone buzzing. She’s joined by cofounders John Schulman, one of the masterminds behind ChatGPT; Barrett Zoph, OpenAI’s former VP of research; Lilian Weng, an AI safety and robotics guru; Andrew Tulloch, a pretraining and reasoning expert; and Luke Metz, who’s got post-training AI chops. This crew isn’t just talented—they’re a walking résumé of cutting-edge AI expertise.

Murati dropped a teaser on X this week, saying Thinking Machines Lab is cooking up “multimodal AI” that’ll chat with us, see what we see, and tackle the glorious chaos of human collaboration. Think of it as AI that doesn’t just read your texts but gets the whole vibe—your tone, your visuals, your messy group projects. She’s promising their first product will hit the scene in the next few months, complete with a “significant open-source component” to hook researchers and startups building their own AI models. Oh, and they’re tossing in some research goodies to help the AI community figure out the wild frontier of next-gen systems. Transparency? Collaboration? In this secretive AI world, that’s a fresh breeze.

Let’s talk numbers for a sec—$2 billion in a seed round is bonkers. Most startups are lucky to scrape together a few million at this stage, but Thinking Machines Lab is playing a different game. This isn’t just about money; it’s a statement. The AI industry’s gone from a nerdy side hustle to a high-stakes, high-drama showdown in just over a decade, and investors are betting big on the winners. With a valuation of $12 billion right out of the gate, Thinking Machines Lab isn’t tiptoeing in—they’re kicking the door down.

The funding crew is a who’s-who of tech titans. Andreessen Horowitz, known for backing game-changers, led the charge, but NVIDIA’s in there (those GPU wizards know a thing or two about powering AI), alongside Accel, ServiceNow, CISCO, AMD, Jane Street, and others. These aren’t just check-writers; they’re potential partners with deep pockets and deeper tech stacks. NVIDIA and AMD could juice up Thinking Machines Lab’s hardware game, while CISCO might bring some serious infrastructure muscle. This isn’t a solo act—it’s a coalition gearing up for something massive.

The real story here might be the people. AI’s a talent-driven game, and Thinking Machines Lab has snagged some of the best. Murati’s exit from OpenAI last year was a shockwave—part of a wave of departures that had the industry whispering about what’s next. Now we know: she was plotting this. Her cofounders, all OpenAI vets, bring a ridiculous amount of know-how. Schulman’s ChatGPT cred alone could open doors, while Weng’s safety work and Zoph’s research chops add serious depth.

But they’re not the only ones in the talent tug-of-war. Meta’s Mark Zuckerberg has been flexing his wallet, luring top researchers to his new superintelligence lab with multimillion-dollar paychecks. He’s already poached some OpenAI talent, and you can bet he knocked on Thinking Machines Lab’s door too. That Murati and her squad said “nah, we’re doing our own thing” speaks volumes. Maybe it’s the freedom, maybe it’s the vision—whatever it is, they’re all in.

So, what’s Thinking Machines Lab actually building? Murati’s hinting at multimodal AI—systems that don’t just crunch text but handle conversation, visuals, and teamwork like a pro. Imagine an AI that can talk you through a problem, spot what’s on your screen, and keep up with your group’s wild ideas. That’s not just cool; it’s a leap past the text-only bots we’ve got now. If they pull it off, it could shake up everything from customer service to healthcare.

The open-source angle’s a smart play too. By tossing some of their tech out for free, they’re inviting the world’s tinkerers to jump in—think of it like Meta’s LLaMA models, which researchers love. It’s a way to build a fanbase, fast-track development, and maybe even outpace the big dogs like OpenAI and Google.

Zoom out, and the AI scene’s a circus. OpenAI’s been the poster child, with whispers of human-level AI—or beyond—getting louder. Thinking Machines Lab is keeping mum on that hype, focusing instead on stuff we can actually use. It’s a pragmatic vibe in a world full of big promises. Meanwhile, the competition’s brutal—OpenAI, Anthropic, Meta, Google, Microsoft—they’re all duking it out, and talent’s the golden ticket.

Thinking Machines Lab isn’t just another startup; it’s a power move. With $2 billion, a killer team, and a fresh take on AI, they’re here to shake things up. Their first product’s dropping soon, and if it lives up to the buzz, we might be looking at the next big thing.


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