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Thinking Machines Lab, the AI startup founded by former OpenAI chief technology officer Mira Murati, could close a new funding round as soon as this week. It is raising $5 billion at a $40 billion pre-money valuation, with Accel leading,…

Thinking Machines Lab on Thursday released Inkling-Small, a multimodal open-weight model that matches or exceeds its predecessor Inkling while using roughly one-quarter of the parameters — a move that dramatically lowers the compute requirements for running a frontier-class AI system.

Thinking Machines Lab, the AI startup founded by former OpenAI chief technology officer Mira Murati, released its first AI model on Wednesday. Named Inkling, the open-weight model marks a milestone for a company that has raised $2 billion and attracted…