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Engineers working at desks in a modern AI research office with a large wall display, illustrating Thinking Machines Lab in San Francisco

Thinking Machines Lab Nears $5 Billion Round at $40 Billion Valuation

Mira Murati’s Thinking Machines Lab is about to get a lot richer. Business Insider reported on Thursday, November 6, that the AI startup is set to close a $5 billion funding round led by Accel at a $40 billion pre-money valuation, a deal that could close as soon as this week. For Thinking Machines Lab funding, the numbers tell the story: the new price is more than triple the $12 billion valuation the company carried after its $2 billion seed round in July 2025. ...

November 6, 2026 · 6 min · 1198 words ·