Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Robert Peston

๐Ÿ‘ค Speaker
773 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

This is Bloomberg Tech.

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

Thinking Machines Lab, the AI startup founded by former OpenAI executive Mira Marati, it could become one of the most valuable private companies less than a year after it launched.

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

According to sources, the startup is in talks to raise funding at a $50 billion valuation, quadrupling its value from July.

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

Let's get more from Bloomberg's Rachel Metz, who worked on this story with our very own Ed Ludlow and Shereen Khafari.

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

Is there fundamental growth that is vindicating this sort of 50 billion?

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

Or is it on the backing that she was there in such a leadership position over at OpenAI?

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

When we broke the story, people on social media kind of blew up and they were saying, oh, that would be $25 billion per blog post because the company's only ever done two blog posts.

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

But we did get the sense that this is Mira Marati, right?

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

That she is out there talking to investors about this.

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

It's her.

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

She's the face of it.

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

Explain to our audience who she is, why she's important, and I guess the intellectual capital that she gives that place.

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

Dig into that talent, Rachel, because she actually drew over with her an awful lot of ex-OpenAI, well, actual co-founders came with her.

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

And again, the reason this is extraordinary, it was only February that they kind of came into existence publicly.

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

July raised it a $12 billion valuation.

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

Now, November talks for $50 billion valuation, maybe more.

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

Bloomberg's Rachel Metsch, thank you very much.

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

Turning to media, Paramount, Netflix and Comcast are eyeing potential bids for Warner Brothers Discovery.

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

Meanwhile, the company has amended CEO David Zaslav's contract to...

Bloomberg Tech
AI Funding Frenzy Continues with Cursor, Thinking Machines

to secure his pay in the event of a sale.