Technology News

+1 source·7 September 2026 · 22:47 UTC

Nvidia plans up to $3B investment in Mira Murati's Thinking Machines Lab as valuation soars to $40B; startup's annualized revenue just crossed $100M

The funding round is led by Accel, with Nvidia potentially covering roughly half of the total raise, and the startup's valuation implies a revenue multiple of about 400x. Nvidia is also the supplier of the 1GW Vera Rubin system, creating a closed loop where much of the investment returns as hardware orders.