Sources: Mira Murati's Thinking Machines Lab is in talks to raise $1B+ at a $40B+ pre-money valuation, lower than the $50B+ valuation it sought last year (The Information)

Mira Murati's Thinking Machines Lab, an AI developer led by the former OpenAI chief technology officer, is reportedly in discussions to secure over $1 billion in funding. This potential investment would value the company at more than $40 billion pre-money, a decrease from the $50 billion-plus valuation it aimed for last year. The Information reports that these talks are currently underway.