Mira Murati's New AI Lab Lands Staggering $2 Billion Pre-Product Funding

Former OpenAI CTO Mira Murati's new AI venture lands $2B pre-product, igniting the AI arms race.

June 21, 2025

Mira Murati's New AI Lab Lands Staggering $2 Billion Pre-Product Funding
In a move that underscores the blistering pace and high-stakes nature of the artificial intelligence industry, former OpenAI Chief Technology Officer Mira Murati has secured an astonishing $2 billion in seed funding for her new venture, Thinking Machines Lab. The massive financing round values the six-month-old startup at a lofty $10 billion, a figure virtually unheard of for a company yet to unveil a single product. This landmark deal highlights an investment climate where the reputation and proven track record of a founder can command capital on a scale previously reserved for mature, revenue-generating enterprises.
Murati, a central figure in the development of groundbreaking AI models such as ChatGPT, DALL-E, and Sora during her tenure at OpenAI, has established herself as one of the most respected and influential leaders in the field.[1][2] Her departure from OpenAI in September 2024, which she described as a decision to "create the time and space to do my own exploration," was part of a broader exodus of top talent from the industry leader.[3][4] This migration of expertise has led to the formation of a new constellation of AI startups, often dubbed the "OpenAI mafia," with former employees now helming ventures that have collectively raised billions.[5] Thinking Machines Lab, founded in February 2025, stands as perhaps the most prominent example of this trend, leveraging Murati’s star power to attract both immense capital and a formidable team.[6]
The scale of the investment, led by venture capital giant Andreessen Horowitz with participation from Sarah Guo's Conviction Partners, is a testament to the feverish investor appetite for generative AI.[7][8] Reports indicate the fundraising target doubled from an initial $1 billion to $2 billion in just a couple of months, with investors required to commit a minimum of $50 million to participate.[7][9] This aggressive valuation places Thinking Machines Lab among the most valuable AI startups globally, despite its pre-product status.[6] The investment is a significant bet on Murati and the elite team she has assembled, which includes a host of former colleagues from OpenAI and researchers from other top-tier labs like Meta AI, DeepMind, and Mistral AI.[6][10] Notable hires include OpenAI co-founder John Schulman as Chief Scientist and former VP of research Barret Zoph as CTO, with key early OpenAI figures like Bob McGrew and Alec Radford serving as advisors.[7][6]
Despite the massive influx of capital and talent, the specific focus of Thinking Machines Lab remains shrouded in mystery. The company, structured as a public benefit corporation, has offered a mission statement centered on making AI systems "more widely understood, customizable, and generally capable."[6] Its website speaks of closing major gaps in current frontier models and prioritizing human-AI collaboration in fields like science and engineering.[7][11] This suggests a focus on creating adaptable AI that can be tailored to a wide spectrum of human expertise, moving beyond the current strengths of models in areas like programming and mathematics.[10][11] The startup has also pledged a commitment to transparency and open research, planning to publish technical papers and code to foster collaboration with the broader AI community.[11] This approach, combined with a governance structure that reportedly gives Murati majority decision-making power, aims to ensure strong founding influence over the company's strategic direction.[6]
The implications of this funding event are far-reaching. It signals a paradigm shift in venture capital, where the scarcity of proven AI leadership can command unprecedented valuations based on potential rather than product. The deal intensifies the already fierce competition for talent and resources in the AI sector, as well-funded startups led by industry veterans now compete directly with established players like OpenAI, Google, and Anthropic. Adding another layer of intrigue is the reported participation of the Albanian government, Murati's country of origin, with an investment of €8.8 million.[12] This rare instance of a national government directly backing a Silicon Valley AI startup could signal a new front in the global race for AI dominance.[7][12] As Thinking Machines Lab operates in stealth with its substantial war chest, the AI world watches with anticipation to see if the boldest bet of the current boom can deliver on its immense promise and reshape the future of artificial intelligence.[7]

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