AIBusiness Insider1h ago
Thinking Machines Lab is raising $5B led by Accel at a $40B pre-money
Sources: Thinking Machines Lab is raising $5B led by Accel at a $40B pre-money valuation, more than tripling its valuation from its last public round last year
TL;DRAI startup Thinking Machines Lab raising $5B at $40B valuation, tripling last year's value.
Why it matters: Signals major investor confidence in AI infrastructure; sets pricing benchmark for next funding wave.
AI startup Thinking Machines Lab is set to close a fresh round of funding as soon as this week.
Read full articleSource: Business Insider · Opens in new tab