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importantSYS.SOURCE: TechCrunch2026-09-03T19:36:29Z

Accel Negotiates $1B Investment in AI Startup Thinking Machines at $40B Valuation

Thinking Machines, an AI startup founded by former OpenAI CTO Mira Murati, is negotiating a $1 billion funding round at a $40 billion valuation, down from a previous $50 billion target. The company reported a $100 million annual revenue run rate, reflecting a high valuation multiple despite recent leadership departures.

The high-profile startup's annual revenue run rate stands at over $100 million.

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