News Summary

Mira Murati, the former Chief Technology Officer of OpenAI, is leading a new venture, Thinking Machines Lab, which is making significant waves in the AI industry. The startup is reportedly aiming to secure $2 billion in seed funding, potentially setting a record for the largest seed round in history. This ambitious fundraising target has doubled from the initial $1 billion target, with the company now seeking a valuation of at least $10 billion. Despite the lack of a product or revenue, the startup is attracting substantial investor interest, largely due to the high-profile AI researchers and advisors, including former OpenAI figures like Bob McGrew and Alec Radford, associated with the venture. Thinking Machines Lab aims to develop AI systems that are more understandable, customizable, and generally capable than current offerings.