{"id":34320,"date":"2025-07-15T17:23:55","date_gmt":"2025-07-15T17:23:55","guid":{"rendered":"https:\/\/financialrush.com\/?p=34320"},"modified":"2025-07-15T17:23:55","modified_gmt":"2025-07-15T17:23:55","slug":"nvidia-and-jane-street-back-mira-muratis-ai-start-up-in-latest-fundraising","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=34320","title":{"rendered":"Nvidia and Jane Street back Mira Murati\u2019s AI start-up in latest fundraising"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>Stay informed with free updates<\/p>\n<p class=\"article__content-sign-up-topic-description o3-type-body-base\"><span>Simply sign up to the <!-- -->Artificial intelligence<!-- --> myFT Digest &#8212; delivered directly to your inbox.<\/span><\/p>\n<p><iframe class=\"article__content-sign-up-iframe close\" scrolling=\"no\" id=\"signUpIframe\" data-prev-url=\"\/register\/in-article-sign-up?ft-content-uuid=136c04f2-787b-4ec3-9e0e-11eda682d52f&amp;concept-id=d2e5aa89-e168-416d-b41b-af8e847fb3cd\"><\/iframe><\/div>\n<div id=\"article-body\">\n<p>Mira Murati\u2019s secretive artificial intelligence start-up has named chip giants Nvidia and AMD among its new investors, as the former OpenAI chief technology officer closes one of the largest initial funding rounds in Silicon Valley history.<\/p>\n<p>Thinking Machines Lab raised $2bn at a $12bn post-money valuation in a \u201cseed\u201d round, <a href=\"https:\/\/www.ft.com\/content\/9edc67e6-96a9-4d2b-820d-57bc1279e358\" data-trackable=\"link\">previously reported by the Financial Times<\/a>, despite saying little about what it is working on.<\/p>\n<p>Murati said the company would share a product in the next \u201ccouple [of] months\u201d, which would have an \u201copen source component\u201d helping researchers and start-ups to develop custom models. <\/p>\n<p>The San Francisco-based company on Tuesday announced the Andreessen Horowitz-led round, with participation from Nvidia, AMD, venture capital firm Accel and Jane Street.<\/p>\n<p>The two chips companies play a key role in the AI market by supplying the computing hardware needed to train and run powerful models. <\/p>\n<p>Jane Street has backed several start-ups since 2020, many in AI and decentralised finance. The trading firm is an investor in Anthropic, after buying shares from bankrupt cryptocurrency exchange FTX in 2024.<\/p>\n<p>As an executive of OpenAI, Murati, 36, worked on the development of products such as ChatGPT, the Dall-E image generator and its voice mode. She briefly replaced Sam Altman as interim chief executive officer during a board coup in November 2023.<\/p>\n<p>\u201cWe\u2019re building multimodal AI that works with how you naturally interact with the world \u2014 through conversation, through sight, through the messy way we collaborate,\u201d said Murati. <\/p>\n<p>She also posted a link to apply for a job amid a fierce hiring battle for AI talent in the Valley. Thinking Machines has already hired a number of former OpenAI employees, as well as those from other competitors such as Google, Meta and Mistral.<\/p>\n<p>Murati left OpenAI in September, saying she wanted to \u201ccreate the time and space to do [her] own exploration\u201d. Previously, Murati was a senior product manager at Tesla, where she contributed to the Model X.<\/p>\n<\/div>\n\n<br \/><a href=\"https:\/\/www.ft.com\/content\/136c04f2-787b-4ec3-9e0e-11eda682d52f\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest &#8212; delivered directly to&hellip;\n","protected":false},"author":5,"featured_media":34321,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":["post-34320","post","type-post","status-publish","format-standard","has-post-thumbnail","category-us","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/34320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34320"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/34320\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/34321"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}