Thinking Machines Lab Secures $2 Billion Seed Round Led By Andreessen Horowitz At $12 Billion Valuation

Thinking Machines Lab, the AI startup founded by former OpenAI CTO Mira Murati, has closed a massive $2 billion seed round led by Andreessen Horowitz, valuing the company at $12 billion. Backed by big names like NVIDIA, Accel, ServiceNow, CISCO, AMD, and Jane Street, the less-than-year-old startup is keeping its core projects under wraps but hints at an upcoming significant open-source release aimed at researchers and startups building custom AI models. Murati’s new venture, which has already attracted top talent from OpenAI, is seen as a serious contender in the race to build frontier AI systems. INVESTORS: Andreessen Horowitz, NVIDIA, Accel, ServiceNow, CISCO, AMD & Jane Street ROUND: Seed AMOUNT: $2,000,000,000 VALUATION: $12,000,000,000 HQ: #SanFrancisco #California #VentureCapital #ThinkingMachinesLab #AndreessenHorowitz #MiraMurati #NVIDIA #Accel #ServiceNow #CISCO #AMD #JaneStreet #TradedVC

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Colossal Biosciences In Talks For Funding Round Targeting $23 Billion ValuationColossal Biosciences, the de-extinction biotech startup known for its efforts to recreate the woolly mammoth and other extinct species, is reportedly in talks to raise new funding at a valuation of roughly $23 billion–$24 billion, according to Axios. The potential raise would mark a significant jump for the five-year-old company, with investors valuing not only its genetic-engineering programs but also its broader genomics, reproductive technology, conservation, and intellectual property platform. Colossal has begun generating revenue through conservation technology sales and technology spinouts, including Astromech, an AI-driven predictive modeling company, and Form Bio, a computational biology platform, expanding its value beyond de-extinction efforts. FOUNDERS: Ben Lamm & George Church TARGET VALUATION: $23,000,000,000 HQ: Dallas, Texas #VentureCapital #ColossalBiosciences #BenLamm #GeorgeChurch #TradedVC