frontier AI models AI News & Updates
Former OpenAI CTO Mira Murati Raises $2B Seed Round for Thinking Machines Lab at $12B Valuation
Thinking Machines Lab, founded by former OpenAI CTO Mira Murati, has closed a $2 billion seed round at a $12 billion valuation, led by Andreessen Horowitz with participation from NVIDIA, Accel, and others. The startup, less than a year old, plans to unveil its first product in the coming months with a "significant open source offering" aimed at researchers and startups building custom AI models. The company has attracted several former OpenAI employees and is positioning itself as a competitor to leading AI labs like OpenAI, Anthropic, and Google DeepMind.
Skynet Chance (+0.04%): The creation of another well-funded AI lab with frontier model capabilities increases competition and potentially reduces centralized control over advanced AI development. However, the emphasis on open source offerings could democratize access to powerful AI systems, creating both oversight benefits and proliferation risks.
Skynet Date (-1 days): The massive funding and talent acquisition from OpenAI accelerates the overall pace of frontier AI development by creating another major competitor. The $12B valuation and backing from major tech companies suggests rapid scaling of AI capabilities research.
AGI Progress (+0.03%): The establishment of another major AI lab with $2B in funding and top-tier talent from OpenAI significantly increases the resources and competition driving AGI research forward. The company's focus on frontier AI models and attraction of key OpenAI researchers suggests serious AGI ambitions.
AGI Date (-1 days): The massive funding round and high-profile talent acquisition accelerates the timeline toward AGI by intensifying competition and increasing total resources dedicated to frontier AI research. Multiple well-funded labs racing toward AGI typically shortens development timelines through parallel research efforts.
New York Passes RAISE Act Requiring Safety Standards for Frontier AI Models
New York state lawmakers passed the RAISE Act, which requires major AI companies like OpenAI, Google, and Anthropic to publish safety reports and follow transparency standards for AI models trained with over $100 million in computing resources. The bill aims to prevent AI-fueled disasters causing over 100 casualties or $1 billion in damages, with civil penalties up to $30 million for non-compliance. The legislation now awaits Governor Kathy Hochul's signature and represents the first legally mandated transparency standards for frontier AI labs in America.
Skynet Chance (-0.08%): The RAISE Act establishes mandatory transparency requirements and safety reporting standards for frontier AI models, creating oversight mechanisms that could help identify and mitigate dangerous AI behaviors before they escalate. These regulatory safeguards represent a positive step toward preventing uncontrolled AI scenarios.
Skynet Date (+0 days): While the regulation provides important safety oversight, the relatively light regulatory burden and focus on transparency rather than capability restrictions means it's unlikely to significantly slow down AI development timelines. The requirements may add some compliance overhead but shouldn't substantially delay progress toward advanced AI systems.
AGI Progress (-0.01%): The RAISE Act imposes transparency and safety reporting requirements that may create some administrative overhead for AI companies, potentially slowing development slightly. However, the bill was specifically designed not to chill innovation, so the impact on actual AGI research progress should be minimal.
AGI Date (+0 days): The regulatory compliance requirements may introduce minor delays in AI model development and deployment as companies adapt to new reporting standards. However, given the bill's light regulatory burden and focus on transparency rather than capability restrictions, the impact on AGI timeline acceleration should be negligible.