Thinking Machines Lab, an AI startup founded by Mira Murati, is discussing a new funding round that could value the company at around $50 billion. This would be a significant increase from its previous valuation in July, highlighting its rapid growth since launch.

Lovable, a Swedish vibe-coding startup, secured $330 million in a Series B funding round, boosting its valuation to $6.6 billion. The company’s tool allows users to create code and apps using text prompts, achieving rapid growth with over $200 million in annual recurring revenue within a year. Lovable plans to enhance its platform and features for enterprise use with the new funding.

Naveen Rao is launching a new AI hardware startup aiming for a $5 billion valuation, with significant backing from venture capital firm Andreessen Horowitz (a16z). The startup is positioned to innovate in the rapidly growing AI sector, tapping into the increasing demand for advanced hardware solutions.

Mercor, an AI startup founded in 2023 by college dropouts, has reached a valuation of $10 billion after securing a new funding deal. The company manages a global workforce of 30,000 contractors to assist in training AI models for clients like OpenAI and Anthropic.