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Albanian AI genius' startup hits $10 billion valuation without a product or strategy
Cryptopolitan ^ | June 23, 2025 | Jai Hamid

Posted on 06/24/2025 6:56:44 PM PDT by nwrep

Mira Murati just closed a $2 billion seed round for her new AI company, Thinking Machines Lab, pushing its valuation to $10 billion, even though the company’s only been alive for six months and hasn’t shared anything about what it’s building.

The deal just wrapped up, and people directly involved reportedly say it’s one of the largest early-stage rounds ever done in Silicon Valley. That’s not just rare. That’s almost unheard of.

The startup, based in San Francisco, hasn’t launched a product, released a prototype, or even given investors a roadmap.

Still, the round was led by Andreessen Horowitz, with backing from Sarah Guo through her firm Conviction Partners, according to the Financial Times. No business model, no demo, no forecast — just Mira and her reputation. And somehow, that was enough.

Mira is originally from Albania. At OpenAI, as CTO, Mira led work on ChatGPT, the Dall-E image tool, and the newer voice features that were added right before she left. Before that, she was at Tesla, managing product for the Model X. She didn’t go quietly either.

Despite no product, no pitch deck, and no actual tech revealed, Mira raised billions. She didn’t even pretend to share financials. One investor told Financial Times she didn’t explain the company’s financial plan or business structure during the pitch. Another one who passed said the whole thing was “too secretive.”

So far, Thinking Machines Lab hasn’t said when it will release anything or what its first project will be. The only thing it has shown the public is Mira’s name, her team of ex-OpenAI talent, and now, a $2 billion runway to figure the rest out. Investors who didn’t join said they needed more details. But the ones who backed it clearly didn’t care.


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Superheated AI space. Investors see no downside, if it fails, the employees are "acquihired".
1 posted on 06/24/2025 6:56:44 PM PDT by nwrep
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To: All

I just had an AI idea. It should be worth at least a billion dollars. No . . . wait . . nah, it’s just gas on my stomach. Darn! I was just this close to having a brainstorm of an idea.


2 posted on 06/24/2025 7:00:29 PM PDT by BipolarBob (I don't have any bad habits. I'm good at them all.)
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To: nwrep

She needs a black turtle neck, so she can emulate the Steve Jobs, Elizabeth Holmes, Tech-Wiz guru look.


3 posted on 06/24/2025 7:03:33 PM PDT by El Cid (Believe on the Lord Jesus Christ and you will be saved)
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To: nwrep

Damn, the startups I worked at had seed rounds of $100k to $250k.

She sure has a sterling resume.


4 posted on 06/24/2025 7:06:21 PM PDT by ProtectOurFreedom (“Diversity is our Strength” just doesn’t carry the same message as “Death from Above”)
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To: nwrep
Damn, she's done more than most people can do in several lives. She could be up there with Musk. And not yet 37 years old! I sure can relate to her with my BS in Mechanical Engineering. 😉
Ermira "Mira" Murati (born December 16, 1988, in Vlorë, Albania) is an Albanian-American engineer and technology executive renowned for her contributions to artificial intelligence (AI). She served as Chief Technology Officer (CTO) of OpenAI from May 2022 to September 2024, leading the development of groundbreaking AI technologies, including ChatGPT, DALL-E, and GPT-4. Murati earned a Bachelor of Arts in Mathematics from Colby College (2011) and a Bachelor of Engineering in Mechanical Engineering from Dartmouth College (2012).

Her career includes roles at Goldman Sachs, Zodiac Aerospace, Tesla (Senior Product Manager for Model X), and Leap Motion. In February 2025, she founded Thinking Machines Lab, an AI startup focused on customizable and capable AI systems, raising significant funding and achieving a valuation of $10 billion.

Recognized by Time as one of the "100 Most Influential People in AI 2024," Murati is a vocal advocate for ethical AI development and regulation.


5 posted on 06/24/2025 7:12:45 PM PDT by ProtectOurFreedom (“Diversity is our Strength” just doesn’t carry the same message as “Death from Above”)
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To: nwrep

It’s her image that seduces and once she throws around inside/out and outside/in ideas people will catch on.


6 posted on 06/24/2025 7:13:45 PM PDT by BEJ
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To: nwrep

FWIW, BBAI was up like 25% today. Watch the small cap space for AI. You can make some $$$ on the right picks that have room to run. THIS IS NOT FINANCIAL ADVICE, just opinion about the sector.


7 posted on 06/24/2025 7:17:33 PM PDT by Texas_Jarhead
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To: nwrep

It’s like the dot com days of the 90s again.
Company name? Nope...
Elizabeth Holmes clone? Yep...
Any product at all? Nope....

Stock price....soaring.


8 posted on 06/24/2025 7:26:28 PM PDT by DesertRhino (2016 Star Wars, 2020 The Empire Strikes Back, 2025... RETURN OF THE JEDI….There’s really not much to)
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To: nwrep

Not that it matters, but is she only wearing that open neck white blouse?

(sarc!!)


9 posted on 06/24/2025 7:32:50 PM PDT by lee martell
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To: nwrep

Ask a native Greek about Albanian scammers. They’ll give you an earful... it’s in their blood!


10 posted on 06/24/2025 7:35:07 PM PDT by Nervous Tick (Hope, as a righteous product of properly aligned Faith, IS in fact a strategy.)
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To: nwrep

It’s the new, new economy!


11 posted on 06/24/2025 7:36:28 PM PDT by ArcadeQuarters (You can't remove RINOs by voting for them!)
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To: El Cid
She needs a black turtle neck, so she can emulate the Steve Jobs, Elizabeth Holmes, Tech-Wiz guru look.

Here you go. Not a turtleneck, but close enough...

openai-ouster-inquiry-1-900x506x3600-2025-0-338
12 posted on 06/24/2025 7:37:42 PM PDT by Nervous Tick (Hope, as a righteous product of properly aligned Faith, IS in fact a strategy.)
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To: nwrep

All these OpenAI people did was productize open research that Google data scientists created. They aren’t geniuses. Google is going to crush OpenAI and Murati in the end.


13 posted on 06/24/2025 7:41:37 PM PDT by montag813
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To: nwrep

Another female “genius” fraudster.


14 posted on 06/24/2025 7:42:47 PM PDT by Secret Agent Man (Gone Galt; not averse to Going Bronson.)
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To: Nervous Tick
LOL!
I thought I was joking. You’re right, that’s the “look”. Good for soaking a bunch of investors. ‘She must be a genius, she looks a little like Steve Jobs’
15 posted on 06/24/2025 7:42:56 PM PDT by El Cid (Believe on the Lord Jesus Christ and you will be saved)
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To: nwrep

The Elizabeth Holmes business model?


16 posted on 06/24/2025 7:50:22 PM PDT by FreedomPoster (Islam delenda est)
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To: El Cid

You beat me to it. Spot on.


17 posted on 06/24/2025 7:50:55 PM PDT by FreedomPoster (Islam delenda est)
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To: nwrep

18 posted on 06/24/2025 7:54:07 PM PDT by Frank Drebin (And don't ever let me catch you guys in America!)
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To: Secret Agent Man

SHE WAS AT TESLA——

SHE DIDN’T GO QUIETLY

MUSK DOESN’T FIRE PEOPLE WILLY NILLY

SURE WOULD LIKE BACKGROUND ON THIS


19 posted on 06/24/2025 8:00:01 PM PDT by ridesthemiles (not giving up on TRUMP---EVER)
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To: nwrep

She’s surely worth something; I just don’t know about ten billion.


20 posted on 06/24/2025 8:03:01 PM PDT by BenLurkin (The above is not a statement of fact. It is opinion or satire. Or both.)
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