Thinking Machines Lab, an artificial intelligence startup founded by former OpenAI executive Mira Murati, is in early talks to raise a new round of funding at a roughly $50 billion valuation, according to people familiar with the matter. The new financing, which has not been previously reported, would more than quadruple the startup’s valuation from July and catapult Thinking Machines into the upper ranks of the most valuable private companies less than a year after it launched. The deal terms have not yet been finalized and could change, said the people, who spoke on condition of anonymity to discuss private information. While several people said the startup is eyeing a valuation of about $50 billion, others said it could rise to closer to $55 billion or $60 billion.

Full report : Mira Murati’s Thinking Machines Lab is in early talks to raise funding at a ~$50 billion valuation, more than quadruple from July and could rise to $55 to $60 billion.