Accel in talks to lead $1B funding round for Thinking Machines at $40B valuation

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Venture capital firm Accel is reportedly in discussions to lead a $1 billion funding round for AI startup Thinking Machines. The deal would value the company at approximately $40 billion. Thinking Machines has demonstrated strong early commercial traction, with its annual revenue run rate surpassing $100 million. The round, if completed, would mark a significant milestone for the high-profile startup. No official confirmation has been issued by either party as of yet.

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