
Nvidia Partners with Thinking Machines Lab, to Provide Artificial Intelligence Processors
Nvidia Invests in Thinking Machines Lab, Supplies AI Accelerators
Thinking Machines Lab, an artificial intelligence company founded by former OpenAI executive Mira Murati, has secured a significant investment from Nvidia Corp.. As part of the deal, Nvidia will supply its forthcoming Vera Rubin AI accelerators to Thinking Machines to help train and run the startup's AI models.
Under a multiyear agreement, Thinking Machines will deploy the Vera Rubin AI accelerators early next year, providing computing power equivalent to at least 1 gigawatt, sufficient to power approximately 750,000 homes. This investment marks Nvidia's second deal with Thinking Machines, following a previous investment last year.
Nvidia, the world's most valuable company, has been actively promoting the use of artificial intelligence in various industries through a series of investment deals, which it refers to as a new industrial revolution. However, these deals have raised concerns due to their circular nature, with Nvidia taking stakes in its own customers.
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Thinking Machines, which held talks to raise a new round of funds at a valuation of $50 billion in November, has experienced significant growth since its $2 billion funding round in July, which valued the startup at $12 billion. The company, under Murati's leadership, has hired dozens of employees from OpenAI, including those from the ChatGPT maker, and launched its first product, Tinker, in October.
Investor Takeaway
Investors should consider Nvidia's growing presence in the AI market and potential for increased revenue from AI-related deals.
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