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NewsTechCrunch AISep 3, 2026

Thinking Machines in talks for funding at a $40 billion valuation

U.S. investor Accel leads the talks to raise a funding round for AI startup Thinking Machines, with a target around $1 billion and a reported valuation of $40 billion, and the company reportedly generating over $100 million in annual revenue.

Why it mattersFunding scale for leading AI firms serves as a metric for industry momentum and investment enthusiasm.

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