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The Hottest VC Deals Today Are No Revenue, No Product, Just All-Star AI Teams And Mega Rounds

The Hottest VC Deals Today Are No Revenue, No Product, Just All-Star AI Teams And Mega Rounds

When former OpenAI CTO Mira Murati’s six-month-old startup Thinking Machines Lab successfully raised 2 billion dollars at a 10 billion dollar valuation, it crystallized a fundamental shift in how AI companies compete for talent. But this astronomical funding round isn’t just about one company’s ambitions - it's the direct result of a compensation arms race that began with Meta's desperate hundred-million-dollar recruiting spree.

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