Yann LeCun Didn't Retire. He Escaped.
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Business Insider reports Mira Murati wants $2 billion for her new AI venture. Silicon Valley can't write checks fast enough.
The former OpenAI CTO has doubled her fundraising target for Thinking Machines Lab. Sources tell Business Insider she's now seeking more than $2 billion at a $10 billion-plus valuation, up from $1 billion just two months ago.
Money helps, but talent wins. Murati has assembled an all-star team of AI researchers who helped build ChatGPT. They include Bob McGrew, OpenAI's former research chief, and John Schulman, who co-led ChatGPT's development.
The company plans to make AI more accessible and customizable. Bold claims from a startup with no product. But Murati's track record at OpenAI, where she spent 6½ years as CTO, gives investors confidence.
The timing works in her favor. AI funding is booming, and companies with real technical expertise are scarce. Murati brings both.
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