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Mira Murati's 2 billion seed round
Amazon's plan to reinvent the customer experience with AI
Algot Persson
April 11, 2025
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In Today’s Issue:
Mira Murati’s start-up to break all-time funding record
Amazon's plan to reinvent the customer experience with AI
Read time: 3 minutes
Mira Murati’s start-up to break all-time funding record
Former OpenAI CTO Mira Murati is rumored to be raising a $2 billion seed round for her AI startup, Thinking Machines Lab, which would be the largest seed round in history. The investors’ hype is because of her earlier role and expertise, and the team of former OpenAI employees she assembled. The company currently has no product, but is set to build AI that is accessible, more capable, and customizable. The record-breaking price point drives home the sentiment that top-tier talent is what you’re paying for. Top AI researchers can take home seven figures yearly, and AI companies have taken measures to include non-compete agreements with employees. Google DeepMind is one of the companies taking extreme measures with 1-year walled-garden non-compete agreements.
Thinking Machines Lab’s total valuation is estimated to be around $10 billion. Murati’s former colleague and chief scientist of OpenAI, Ilya Sutskever, raised $1 billion for his start-up Safe Superintelligence Inc. (SSI) at a valuation exceeding $30 billion.
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Mira Murati
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Amazon's plan to reshape the customer experience with AI
In Amazon’s 2025 shareholder letter, CEO Andy Jassy emphasized that generative AI is being integrated across nearly every part of the company. Over 1,000 AI-related projects are underway, spanning areas such as product search, personalized recommendations, Alexa voice assistant improvements, logistics optimization, and AWS cloud services.
Jassy noted that while the cost of developing and running generative AI models is high, Amazon expects to reduce expenses over time using in-house technologies like Trainium and Inferentia chips. He positioned AI as a key growth driver, both for internal operations and for AWS customers using Amazon’s foundational models (such as Titan) through the Bedrock platform.
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