Thinking Machines looks half-dead already.

The giant seed round proves investors were willing to fund Mira Murati, not that the company had built anything durable.

Within months, it had already lost cofounder Andrew Tulloch to Meta, then cofounders Barret Zoph and Luke Metz plus researcher Sam Schoenholz to OpenAI; WIRED also reported that at least three other researchers left. At that point, citing it as evidence of real competitive momentum feels weak.