Clicky

  • Login
  • Register
  • Submit Your Content
  • Contact Us
Saturday, April 12, 2025
World Tribune
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food
Submit
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food
No Result
View All Result
World Tribune
No Result
View All Result

Mira Murati’s reported $2 billion ‘seed’ funding suggests the AI boom is alive and well, even after a week of economic chaos

April 11, 2025
in Business
Reading Time: 2 mins read
A A
Mira Murati’s reported  billion ‘seed’ funding suggests the AI boom is alive and well, even after a week of economic chaos
0
SHARES
ShareShareShareShareShare

Mira Murati’s reported $2 billion ‘seed’ funding suggests the AI boom is alive and well, even after a week of economic chaos

With the markets in freefall and few exits to be found, it seems impossible right now to scrounge together $2 billion. Unless, perhaps, you’re Mira Murati. 

READ ALSO

The helicopter company in the deadly NYC crash that killed an executive and his whole family recently emerged from bankruptcy and already faces a $1.4 million lawsuit

Stocks jump at end of roller-coast week while de-dollarization trade continues to slam the greenback and US bonds

Murati, the former CTO of OpenAI, started her Thinking Machines Lab shortly after leaving OpenAI last fall, and the fundraising process for the company has been followed with horse race intensity. 

The latest: Business Insider reported Murati’s AI startup is looking to raise a $2 billion seed round. If true, it’s a jarring number, representing what could be the largest seed round in tech history. Given the investor frenzy for AI — and for AI startups with a certain pedigree in particular — the massive number is not as implausible as it might seem at first blush.

Take, for example, OpenAI cofounder Ilya Sutskever’s $1 billion seed raise for his new startup, Safe Superintelligence, which has reportedly reached a monster $30 billion valuation. Another touchpoint: Sierra, the conversational AI agent startup cofounded by Bret Taylor, OpenAI chairman and former Salesforce co-CEO, started in 2023 and last valued at $4.5 billion. 

So, the OpenAI name commands venture dollars, that much is clear. And in addition to Murati herself, the Thinking Machines team is packed with OpenAI-drawn talent, from advisers Alec Radford and Bob McGrew to chief scientist John Schulman. Schulman, the OpenAI cofounder who led the development of ChatGPT, left OpenAI in August, and after an incredibly short tenure at Anthropic, jumped ship specifically to team up with Murati. (What’s not yet clear is what Thinking Machines actually does. The website’s language says the company’s goal is “to make AI systems more widely understood, customizable and generally capable.”)

The report of the Murati’s mega-seed — Murati and Thinking Machines are not confirming it or commenting — seems certain to reignite the debate about the state of the AI bubble, especially amid the volatile economic climate created by Trump’s tariffs. 

Some observers have wondered if the AI boom has peaked, with Wall Street’s mixed reaction to the CoreWeave IPO and Microsoft’s recent pullback on a number of its AI infrastructure projects. VCs, additionally, are getting squeezed, as a dearth of exits is making it tougher to raise money from LPs.

So if Thinking Machines does draw $2 billion from investors, it’ll be a strong signal that the AI boom still has serious legs. And, of course, AI bulls will argue that $2 billion is a drop in the bucket compared to the company’s sweeping potential.

But it’s also important to think about this in a context beyond the AI boom—seed rounds have been getting steadily bigger over time, and AI’s massive development costs have only kicked that trend into high-gear. In 2015, the largest seed deal was for femtech pharma startup Addyi, clocking in at a now paltry-looking $50 million, according to PitchBook. In 2025 so far, PitchBook names Lila Sciences as the largest closed seed deal—at $200 million. 

Seed rounds getting radically bigger is both a sign of the times and a testament to the high-octane interest in Murati herself—but it’s also a trend far preceding our current economic whirlwind.

This story was originally featured on Fortune.com

Credit: Source link

ShareTweetSendSharePin
Previous Post

Ilya Sorokin injury an apt final blow to a cursed Islanders season

Next Post

Marcus Hogberg’s nightmare stretch makes Islanders’ priority clear

Related Posts

The helicopter company in the deadly NYC crash that killed an executive and his whole family recently emerged from bankruptcy and already faces a .4 million lawsuit
Business

The helicopter company in the deadly NYC crash that killed an executive and his whole family recently emerged from bankruptcy and already faces a $1.4 million lawsuit

April 12, 2025
Stocks jump at end of roller-coast week while de-dollarization trade continues to slam the greenback and US bonds
Business

Stocks jump at end of roller-coast week while de-dollarization trade continues to slam the greenback and US bonds

April 12, 2025
It’s been 5 years since the pandemic began, but nearly 60% of consumers still buy their groceries online
Business

It’s been 5 years since the pandemic began, but nearly 60% of consumers still buy their groceries online

April 11, 2025
 billion-in-revenue Canva is the most valuable unicorn founded by a woman. Melanie Perkins shares a look at her new AI coding tool
Business

$3 billion-in-revenue Canva is the most valuable unicorn founded by a woman. Melanie Perkins shares a look at her new AI coding tool

April 11, 2025
The no.1 strategy to employ at work as incivility mounts with return to office
Business

The no.1 strategy to employ at work as incivility mounts with return to office

April 11, 2025
China tech faces worry beyond tariffs after 0 billion wipeout
Business

China tech faces worry beyond tariffs after $350 billion wipeout

April 11, 2025
Next Post
Marcus Hogberg’s nightmare stretch makes Islanders’ priority clear

Marcus Hogberg’s nightmare stretch makes Islanders' priority clear

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

What's New Here!

Maxwell Lewis catching Nets’ attention with strong, energetic play

Maxwell Lewis catching Nets’ attention with strong, energetic play

March 19, 2025
Bracket City could be your latest word game obsession

Bracket City could be your latest word game obsession

April 8, 2025
[Webinar] Smarter, Faster, Better: How AI & Automation Are Transforming Food & Beverage Distribution

[Webinar] Smarter, Faster, Better: How AI & Automation Are Transforming Food & Beverage Distribution

March 12, 2025
Giants teammate gives up jersey number for Russell Wilson

Giants teammate gives up jersey number for Russell Wilson

April 3, 2025
restor3d secures M for 3D printed product lines

restor3d secures $38M for 3D printed product lines

April 7, 2025
Astros’ Jose Altuve off to adventurous start in left field vs. Mets

Astros’ Jose Altuve off to adventurous start in left field vs. Mets

March 28, 2025
CoreWeave’s 7-year journey to IPO wound through crypto before AI

CoreWeave’s 7-year journey to IPO wound through crypto before AI

March 30, 2025

About

World Tribune is an online news portal that shares the latest news on world, business, health, tech, sports, and related topics.

Follow us

Recent Posts

  • Nintendo Switch 2 recent updates: Release date, price, new games and everything else you need to know
  • What the Jets might do at tight end in the 2025 NFL Draft
  • The helicopter company in the deadly NYC crash that killed an executive and his whole family recently emerged from bankruptcy and already faces a $1.4 million lawsuit
  • What forced the Nuggets to clean house in NBA shocker: ‘players were freakin’ miserable’

Newslatter

Loading
  • Submit Your Content
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2024 World Tribune - All Rights Reserved!

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Sports
  • Health
  • Food

© 2024 World Tribune - All Rights Reserved!

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In