A burgeoning AI startup is creating a buzz in the tech industry, not for its advancements in artificial intelligence, but for the astonishing $2 billion it recently raised without having a product ready. Founded in February by former OpenAI CTO Mira Murati, Thinking Machines Labs has operated largely in secrecy, focusing on developing a groundbreaking multimodal AI platform. The company, which aims to create AI that interacts naturally with the world through conversation and sight, has caught the attention of major investors. Led by Andreessen Horowitz, the impressive seed round also saw contributions from industry giants like NVIDIA, Accel, and CISCO. Despite its low profile, the startup’s valuation soared to $10 billion in June. Murati has promised that their product, expected to launch soon, will feature open-source elements beneficial to researchers and startups. This monumental investment positions Thinking Machines Labs as a formidable contender against established AI developers like OpenAI and Google DeepMind. Murati emphasizes that their AI should enhance individual agency and be widely accessible.