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

Thinking Machines, Mira Murati's AI lab, is in talks to raise $1 billion at a $40 billion valuation, with Accel reportedly leading.

Thinking Machines, the AI lab founded by former OpenAI CTO Mira Murati, is negotiating a $1 billion round at a valuation of at least $40 billion, below the $50 billion it reportedly sought last year. The company's annual revenue run rate exceeds $100 million, mostly from usage-based compute fees for its open-weight Inkling model adapted on the Tinker platform. Its prior $2 billion seed round, led by Andreessen Horowitz with Nvidia, GV, Lightspeed, and Conviction Partners, valued it at $12 billion. Several co-founders, including Lilian Weng and Luke Metz, have since returned to OpenAI.

TechCrunch · AI · 12d agoAI industry

Import AI 468: 23 RSI ideas; PostTrainBench+; and how trust and transparency interplay with AI racing

Import AI covers 23 IFP policy ideas for automated AI R&D risks and MIT/Columbia's game theory of AI racing slowdowns.

Think tank IFP published 23 policy recommendations across seven categories to help policymakers address risks from increasingly automated AI R&D. MIT and Columbia researchers released 'Racing to Ruin,' a game theory model showing that coordinated slowdowns between rival AI firms hinge on trust and transparency. The newsletter also links a short story on interacting with powerful AI systems.

Import AI · Aug 10, 2026AI research

Show HN: MultiMatte, a Promptable Image Background Removal Model

Feyn releases MultiMatte, a promptable background-removal model fine-tuned from Meta's SAM 3 via LoRA, outputting alpha mattes that beat SAM 3 on segmentation benchmarks.

Feyn introduced MultiMatte, a promptable image background-removal model built on Meta's SAM 3 (860M parameters). It modifies only 19.49M parameters (2.27%) using a rank-16 LoRA adapter and replaces binary masks with alpha mattes to handle fuzzy boundaries like hair. On the DIS-VD benchmark it scores 0.901 S-measure versus SAM 3's 0.667, and it improves on SAM 3 across all twelve evaluated splits. Training used 19,953 images for 14,000 steps with focal and Dice loss, and the merged weights are available via the nobg library and a web demo.

Recreating Minecraft Is Not a Benchmark

Opinion piece argues viral demos like one-prompt Minecraft recreations are overfit 'demo-benchmarks' measuring preparation, not true model capability.

The author argues that fixed, famous demo tasks (Minecraft builds, SVG pelicans) are trivially optimizable by labs each release cycle, so they no longer differentiate model capability. The piece cites Thinking Machines' Inkling Small scoring within a point of its flagship on the Artificial Analysis Intelligence Index with less than a third of the parameters, and beating it on Humanity's Last Exam, GPQA Diamond, and SciCode. The proposed alternative is rotating or holdout evals such as LiveBench, ARC-AGI's private set, and held-back portions of Humanity's Last Exam.

AI labs have a data trust problem that their policies haven't solved

Nvidia, Palantir, and Booz Allen restrict Anthropic's Fable over data-retention distrust, exposing gaps in AI labs' customer data policies.

Nvidia limits Anthropic's Fable to non-sensitive work and runs its own Nemotron models for internal tasks, while Palantir blocks Fable deployment until Anthropic grants irrevocable zero-data-retention guarantees, and Booz Allen bans it for proprietary cybersecurity work. John Schulman and researcher Sarah Hooker explain that labs can still extract customer IP from metadata, user traces, and synthetic data even under zero data retention. The trust crisis crystallized around Tristan Buckmaster's accusation that OpenAI's Codex absorbed his Navier-Stokes drafts, though OpenAI later stated his prompts could not have influenced its model.

The Decoder · 17h agoAI industry

Open-Source AI & Open Models Reading List

Interconnects publishes a curated open-model reading list covering release strategy, US-China competition, adoption data, and a narrowed 4-6 month open-closed frontier gap.

The list, updated September 11, 2026, compiles essays on open-model strategy, licensing gradients, safety of open weights, adoption data, and Chinese open-source history. It notes leading open models have come from Chinese labs since roughly 2024, citing Kimi K3 and GLM-5.2/5.3, and that the open-closed gap has narrowed to roughly 4-6 months. It also documents Western adoption of Chinese models, including Perplexity's use of DeepSeek R1 and Thomson Reuters moving to Qwen, which has drawn lawmaker probes at DoorDash, Airbnb, Anysphere/Cursor, and Apple.

Interconnects · 4d agoAI industry1

Nvidia and Palantir team up to run supply chains with AI, starting with Nvidia's own million-part operation

Nvidia and Palantir integrated open Nemotron models and cuOpt into Foundry to run AI-driven supply chains, starting with Nvidia's million-part operation.

Nvidia and Palantir announced a partnership to run supply chains with AI, first deployed on Nvidia's own network of millions of parts and thousands of suppliers; a single Vera Rubin rack contains 1.3 million components. Palantir is integrating open Nemotron models into its Foundry platform for customer fine-tuning, while Nvidia cuOpt handles scenario planning and optimization, with decisions fed back to improve models over time. The stack runs on customer hardware or in the cloud through the Sovereign AI OS reference architecture with infrastructure partners Dell, Cisco, Rackspace, and Nebius, with more details shown at AIPCon 11.

The Decoder · 5d agoAI industry1

Import AI 470: No rights for machines; automating environment generation with SPADE; and building better GPU kernels with Hawkeye

METR analysis finds AI accelerating cyber vulnerability discovery, while SPADE self-play environment generation improves Qwen3 reasoning benchmark scores at 30B scale.

Import AI 470 discusses a METR research note reporting differential acceleration from AI: major acceleration in reported cyber vulnerabilities (cURL, OpenSSL, Firefox, Microsoft, NVD, OSV), minor acceleration in mathematics, and no measurable acceleration in AI-research optimization benchmarks. It also covers SPADE, a self-play framework from a multi-university team (University of Washington, Stanford, MIT, CMU, and others) that co-evolves executable training environments and agent capability using Environment Designer and Reasoning Agent roles with hint-based regret rewards. Trained on Qwen3-4B-Instruct-2507, Qwen3-8B, and Qwen3-30B-A3B-Instruct-2507 via GRPO (400 rollouts of 25 environments), SPADE lifted the 30B-A3B game-environment suite average to 58.3, +8.1 over base, and improved tool-use results across backbones. The issue also references Hawkeye for building better GPU kernels.

Import AI · 22d agoAI research