Sources: Thinking Machines Lab is raising $5B led by Accel at a $40B pre-money valuation

Business InsiderNov 5, 5:15 PM PT

Context: Business Insider reports Accel is leading a $5B round at a $40B pre-money valuation, more than tripling the lab's last public valuation; it debuted Inkling 2 Small the same day.

From Business Insider: Sources: Thinking Machines Lab is raising $5B led by Accel at a $40B pre-money valuation, more than tripling its valuation from its last public round last year — AI startup Thinking Machines Lab is set to close a fresh round of funding as soon as this week.

Thinking Machines Lab · $5B · with AccelAs stated by Business Insider.

Source

Business Insider (businessinsider.com)

Published

Nov 5, 5:15 PM PT

First seen here

Nov 5, 6:26 PM PT

Edition

Thursday, November 5, 2026, ranked 1

Status

A publication reported this; the company may not have confirmed it.

Why it’s here

Largest AI round reported this edition, landing the same day as the lab's new model.

Topics

AI, Venture capital