> "We're excited that in the next couple months we will be able to share our first product, which will include a significant open source component and be useful for researchers and startups developing custom model," CEO Murati said in a post, opens new tab on the X social media platform. We need to jack up interest rates again.
This actually sounds like they might be making something that is generally useful to other companies training foundational models. What that is - I have no idea. But they may be onto something here. Sort of like the old adage about the Goldrush - why pan for gold when you can just sell tons of shovels to all the others rushing to get rich?
Mira Murati’s AI startup Thinking Machines valued at $12B in early-stage funding
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Re: Mira Murati’s AI startup Thinking Machines valued at $12B in early-stage funding
#232Could somebody explain why there is so much negativity towards Thinking Machines in this thread? I realize that they haven't publicly announced a product yet but presumably the VCs have some idea of what Thinking Machines is building, and they have some pretty significant OpenAI talent on board, including Murati herself. Some amount of skepticism is warranted, of course, but a lot of these comments read as closer to…
True. People here can be like this. I have not forgotten even the greatest juice maker of all times, Juicero was similarly disparaged with all this negativity.
Re: Mira Murati’s AI startup Thinking Machines valued at $12B in early-stage funding
#233Earlier quoted context omitted.
It's about to be bought by Apple, so not for long.
There's quite a gap between “Apple considers buying Mistral” and “they are about to be bought by Apple”.
Anyway, if Mistral is for sale then if not Apple it'll be another big company.
Re: Mira Murati’s AI startup Thinking Machines valued at $12B in early-stage funding
#234Re: Mira Murati’s AI startup Thinking Machines valued at $12B in early-stage funding
#235Earlier quoted context omitted.
> HN comments are more hostile than pragmatic In the case of a bubble, hostility is pragmatism. Of course, nobody knows that it's a bubble, but nobody knows it's not a bubble either.
I've lived through 3 and read up on at least 10 more. Many people know it's a bubble. You see lots of HN comments that it's a bubble. We certainly did in 2007. In a bubble, the predominant notion is not "I wonder if it's a bubble", but rather "It's a bubble, I hope I can make my money before it pops". A perfect example of this was the Tulip craze in the Netherlands. Nobody actually believed tulip bulbs were worth tha…
Re: Mira Murati’s AI startup Thinking Machines valued at $12B in early-stage funding
#236Re: Mira Murati’s AI startup Thinking Machines valued at $12B in early-stage funding
#237Earlier quoted context omitted.
Tell me one unique skill, from any of those individuals you quoted, that is worth even 0,01% of $5 billion, for a non existent company with a non existent product.
It's not a particular skill, it's the experience of having worked with certain people at well-funded and rapidly growing companies.
I am sure there must be a better argument that just that. Because I have "worked with certain people at well-funded and rapidly growing companies" a lot and I'm worth nothing whatsoever.
Re: Mira Murati’s AI startup Thinking Machines valued at $12B in early-stage funding
#238Earlier quoted context omitted.
Bears predicted 11 of the last 3 recessions or something.
Bears as in... bears, the animal?
Re: Mira Murati’s AI startup Thinking Machines valued at $12B in early-stage funding
#239Earlier quoted context omitted.
I think most people aren’t aware that as CTO Murati can take a large chunk of the credit for OpenAI’s success. Her skills were mostly in deft technical management, a skill often under appreciated by nerds. Her success here is going to heavily depend on her ability to attract the right talent.
Please quantity those contributions in "technical management". Otherwise it sounds like a boilerplate excuse non technical people will use.
Can’t help but feel there’s some sexism attached to the pushback here.
Re: Mira Murati’s AI startup Thinking Machines valued at $12B in early-stage funding
#240Earlier quoted context omitted.
It's not a particular skill, it's the experience of having worked with certain people at well-funded and rapidly growing companies.
LOL. So now it's not even their own skill but the "experience of having worked with certain people at well-funded and rapidly growing companies" that would value a nothingburger 12 Billion dollars. I am sure there must be a better argument that just that. Because I have "worked with certain people at well-funded and rapidly growing companies" a lot and I'm worth nothing whatsoever.