Sequoia Capital in Talks with Former OpenAI CTO Mira Murati's New AI Startup
2 Sources
2 Sources
[1]
Sequoia Partner on Murati's AI Startup: "We're Talking to Her
Sequoia Capital partner Alfred Lin said the firm has been in touch with former OpenAI Chief Technology Officer Mira Murati about her new startup's funding round -- a closely held deal that's captivated the attention of much of Silicon Valley. "We're talking to her," Lin said on Tuesday in an interview with Bloomberg Television. Murati, who left OpenAI in September, unveiled her new company, Thinking Machines Lab, earlier this year. Murati has recruited other former OpenAI leaders to build out the new venture, which will focus on building artificial intelligence models and products that support more "human-AI collaboration."
[2]
Sequoia partner on Murati's AI startup: "We're talking to her"
Murati, who departed from OpenAI in September last year, launched her new company, Thinking Machines Lab, earlier this year. Sequoia had previously supported another OpenAI alumnus, Ilya Sutskever, when he raised $1 billion for his startup, Safe Superintelligence, last year.Sequoia Capital partner Alfred Lin said the firm has been in touch with former OpenAI chief technology officer Mira Murati about her new startup's funding round -- a closely held deal that's captivated the attention of much of Silicon Valley. "We're talking to her," Lin said on Tuesday in an interview with Bloomberg Television. Murati, who left OpenAI in September, unveiled her new company, Thinking Machines Lab, earlier this year. Murati has recruited other former OpenAI leaders to build out the new venture, which will focus on building artificial intelligence models and products that support more "human-AI collaboration." Sequoia has already backed another OpenAI alum, Ilya Sutskever, when he raised $1 billion for his startup Safe Superintelligence last year. Bloomberg reported in February that Sutskever is raising additional capital that would value the company at more than $30 billion. The significant sums Sutskever has raised, and the anticipation surrounding Murati's company, underscore the star power of a few AI leaders. It also highlights investors' confidence that these founders can parlay their success at OpenAI to their next ventures -- even if they have yet to show revenue or a product. Lin emphasized that he's thinking about the long term. "The entry price today is important but not as relevant when you think of the order of magnitude in the future," he said. "The order of magnitude we think about today will surprise us in the long run."
Share
Copy Link
Sequoia Capital partner Alfred Lin confirms discussions with Mira Murati about funding her new AI venture, Thinking Machines Lab. The startup, focused on human-AI collaboration, has attracted significant attention in Silicon Valley.
Sequoia Capital Engages with Mira Murati's New AI Venture
Sequoia Capital, a prominent venture capital firm, has confirmed its interest in former OpenAI Chief Technology Officer Mira Murati's new startup. Alfred Lin, a partner at Sequoia Capital, revealed in a Bloomberg Television interview that the firm is in discussions with Murati regarding her company's funding round 1.
Thinking Machines Lab: A New Player in AI
Murati, who departed from OpenAI in September, launched Thinking Machines Lab earlier this year. The startup aims to develop artificial intelligence models and products that enhance human-AI collaboration. Murati has already recruited other former OpenAI leaders to join her in this new venture, signaling the company's potential to make significant strides in the AI industry 2.
Silicon Valley's Keen Interest
The funding round for Thinking Machines Lab has captured the attention of Silicon Valley, highlighting the industry's excitement about AI advancements and the potential of startups led by experienced AI leaders. This interest underscores the growing importance of AI in the tech ecosystem and the high expectations placed on ventures helmed by former executives of leading AI companies.
Sequoia's Track Record with OpenAI Alumni
Sequoia Capital's interest in Murati's startup is not unprecedented. The firm has previously backed another OpenAI alumnus, Ilya Sutskever, in his venture called Safe Superintelligence. Sutskever raised an impressive $1 billion for his startup last year, and recent reports suggest he is seeking additional capital that could value the company at over $30 billion 2.
Investor Confidence in AI Leaders
The substantial funding raised by Sutskever and the anticipation surrounding Murati's company demonstrate the immense confidence investors have in these AI leaders. This faith extends to their ability to translate their success at OpenAI into new, groundbreaking ventures, even in the absence of immediate revenue or product demonstrations.
Long-Term Vision in AI Investments
Alfred Lin emphasized Sequoia's long-term perspective on AI investments. He stated, "The entry price today is important but not as relevant when you think of the order of magnitude in the future." This approach reflects the belief that the potential growth in AI could far exceed current expectations, justifying significant early-stage investments in promising ventures 2.
The Future of AI Collaboration
Thinking Machines Lab's focus on human-AI collaboration aligns with a growing trend in the AI industry. As AI capabilities continue to advance, the emphasis on creating synergies between human intelligence and artificial intelligence is likely to become increasingly important, potentially reshaping various sectors and industries.
Databricks Secures $1 Billion Funding at $100 Billion Valuation, Targets AI Database Market
Databricks raises $1 billion in a new funding round, valuing the company at over $100 billion. The data analytics firm plans to invest in AI database technology and an AI agent platform, positioning itself for growth in the evolving AI market.
12 Sources
Business
19 hrs ago
12 Sources
Business
19 hrs ago
Microsoft Excel Introduces AI-Powered COPILOT Function for Advanced Data Analysis
Microsoft has integrated a new AI-powered COPILOT function into Excel, allowing users to perform complex data analysis and content generation using natural language prompts within spreadsheet cells.
9 Sources
Technology
19 hrs ago
9 Sources
Technology
19 hrs ago
Adobe Revolutionizes PDF with AI-Powered Acrobat Studio
Adobe launches Acrobat Studio, integrating AI assistants and PDF Spaces to transform document management and collaboration, marking a significant evolution in PDF technology.
10 Sources
Technology
19 hrs ago
10 Sources
Technology
19 hrs ago
Meta Launches AI-Powered Voice Translation for Facebook and Instagram Creators
Meta rolls out an AI-driven voice translation feature for Facebook and Instagram creators, enabling automatic dubbing of content from English to Spanish and vice versa, with plans for future language expansions.
5 Sources
Technology
11 hrs ago
5 Sources
Technology
11 hrs ago
Nvidia Enhances App with Global DLSS Override and AI-Powered Features for Smoother Gaming Experience
Nvidia introduces significant updates to its app, including global DLSS override, Smooth Motion for RTX 40-series GPUs, and improved AI assistant, enhancing gaming performance and user experience.
4 Sources
Technology
19 hrs ago
4 Sources
Technology
19 hrs ago
Your Daily Dose of Curated AI News
Don’t drown in AI news. We cut through the noise - filtering, ranking and summarizing the most important AI news, breakthroughs and research daily. Spend less time searching for the latest in AI and get straight to action.
