Rachel Metz

I mean, it's a very young company, and they have released a product.

So it is possible that they're seeing a lot of traction that they haven't spoken about publicly yet for their product.

It's called Tinker, and it helps people and companies fine-tune AI systems.

But it's not clear how much growth they could actually have, right, if they've been around for less than a year.

So it's pretty tremendous that they'd be in talks for this kind of money and valuation.

Sure.

So Maradi has been in the tech industry for a long time.

She has been at OpenAI or had been at OpenAI for a number of years and was an executive there.

So she was at the company through before things sort of like exploded with the brief ousting and rehiring of Sam Altman.

In fact, she was very, very briefly named CEO during that whole debacle.

So

She has a lot of experience dealing with crisis and also with a company that's grown very, very quickly in AI.

And she has attracted a tremendous roster of talent at this company.

Absolutely, yes.

Quite a number of early employees.

She has one of the co-founding employees over there, John Schulman, with her.

And also there are people advising the company that used to work at OpenAI.

So it's a very deep bench of experience from that company, but also from other companies as well.

But OpenAI in particular, there was quite an exodus of talent from that company to her company.

I mean, now we know the deadline for the first bids is a week from yesterday, November 20th.