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Thinking Machines

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Thinking Machines Lab is Mira Murati's AI research company, building multimodal models and the Tinker fine-tuning product.

sentiment mix
bull 73%bear 0%neu 27%

funding rounds

private markets
latest round
Seed
Jul 2025 | $2B
post-money valuation
$12B post-money
not disclosed
total raised
$2B+ disclosed
1 disclosed rounds | updated 2026-07-09
round progression
Seed
Jul 2025
$2B
lead investors
  • Andreessen Horowitzlead
dateroundamountvaluationinvestors
Jul 2025Seed$2B$12B post-moneyAndreessen Horowitz

signal summary

latest high-conviction thesis
Anastasios: Thinking Machines will become $100B+ US open source champion▾

Strong proponent of Thinking Machines; believes US will produce at least one multi-hundred-billion to trillion dollar open source company; Inkling v0 achieved #1 US open source in 6 months post-restructuring.

anastasiosT220VC2026-08-03
confidence 78 / 100impact High
key themes
  • AI Infrastructure69%
  • Open Source AI62%
  • AI Economics & Business Models62%
  • AI Agents46%
  • Semiconductors46%

bull thesis · 11

86 / 100
  • •Rory O'Driscoll: Thinking Machines well-positioned for corporate demand for open-weight US models with training infrastructure
  • •Blundin/Gross: Mira Murati's open-source play validates enterprise fine-tuning thesis
  • •Jeff Bar highlights Thinking Machines as key US open-weight model source

bear thesis · 0

—
  • — none —

mentions · 15

20VCJensen Huang Declares AGI Has Arrived | Tesla Launches Cybercabs | Index Pulls Out of Town1 mentions · 1▲ 0▼ 0○ · 15 days ago
0:0022:0045:001:07:001:30:00
20VCArena CEO: 70% of Neolabs Will Die | There Will be a $100BN US Open-Source Model2 mentions · 2▲ 0▼ 0○ · 2 months ago
0:005:0010:0015:0020:00
20VCTravis Kalanick Raises $1.7B for Atoms | Google Cloud Grows 82% But The Market Tanks1 mentions · 0▲ 0▼ 1○ · 2 months ago
0:0018:0037:0056:001:15:00
The InformationInside Claude Opus 5, Open-Source AI Regulation, Google’s Chip Financing Strategy1 mentions · 1▲ 0▼ 0○ · 2 months ago
0:003:007:0011:0015:00
Peter H. DiamandisChina's Kimi K3 Triggers an AI Sputnik Moment, 2.8 Trillion Parameters Go Open Source | Ep. 2722 mentions · 2▲ 0▼ 0○ · 2 months ago
0:0011:0022:0033:0045:00
The InformationThe Model That Beat Claude & ChatGPT, The Nvidia GPU Crunch Continues, Beehiiv’s Social Tools1 mentions · 0▲ 0▼ 1○ · 2 months ago
0:005:0010:0015:0020:00
The InformationThis Model is Better than Claude and ChatGPT1 mentions · 0▲ 0▼ 1○ · 2 months ago
0:005:0010:0015:0020:00
TBPNTML Inkling, California Forever? TSMC Capex, Tokenomics, Roblox1 mentions · 1▲ 0▼ 0○ · 2 months ago
0:003:007:0011:0015:00
TBPNThinking Machines’ First AI Model, California Loses $3.2B to Texas, TSMC Adds $100B | Diet TBPN1 mentions · 1▲ 0▼ 0○ · 2 months ago
0:002:005:007:0010:00
20VCWhy Now is the Time for the App Layer | Why Startups Should be TokenMaxxing | Mike Mignano, USV1 mentions · 0▲ 0▼ 1○ · 3 months ago
0:006:0012:0018:0025:00
Sequoia CapitalWhy Hardware-Software Co-Design Is AI's Real 100x: Dylan Patel of SemiAnalysis1 mentions · 1▲ 0▼ 0○ · 3 months ago
0:0020:0040:001:00:001:20:00
Y CombinatorZynga Founder: Consumer Is Not Investible Right Now - Thats Why You Should Build It1 mentions · 1▲ 0▼ 0○ · 3 months ago
0:006:0012:0018:0025:00
In Good Company with Nicolai TangenGreg Jensen - Co-CIO of Bridgewater | Podcast | In Good Company | Norges Bank Investment Management1 mentions · 1▲ 0▼ 0○ · 10 months ago
0:006:0012:0018:0025:00