Built 10 startups an... • 5d
Mira Murati, former OpenAI CTO, has steered her six-month-old venture, Thinking Machines Lab, to a $2 billion seed round at a $10 billion valuation—remarkably achieved without a disclosed product, revenue, or business plan. Led by Andreessen Horowitz and Conviction Partners, the round required investors to commit at least $50 million. Murati holds decisive control on the board, with weighted voting rights that eclipse all others combined. Positioned in stealth mode and supported by high-profile ex-OpenAI talent, the deal exemplifies a shift toward “pre-plan” funding, where reputation and founder vision outweigh traditional metrics.
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Southcore Technologies • 6m
Elon Musk's AI startup xAI raises $6 billion in latest funding round *Elon Musk's AI startup xAI has raised $6 billion from investors, including US venture capitalists, NVIDIA, AMD, and investment funds from Saudi Arabia and Qatar. This funding will
See MorePassionate about Pos... • 1m
Perplexity AI is reportedly closing in on a $500 million funding round at a $14 billion valuation. That’s nearly 5x growth in under a year. 📌 Summary – Perplexity in talks for $500M @ $14B – Accel to lead round – ARR just under $100M – Competing
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