AI Funding Frenzy Continues With Cursor, Thinking Machines | Bloomberg Tech 11/14/2025
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Bloomberg’s Caroline Hyde and Ed Ludlow discuss the latest developments in tech stocks amid growing skepticism regarding potential interest rate cuts by the Federal Reserve in December. The AI startup Thinking Machines, founded by former OpenAI executive Mira Murati, is reportedly in talks to secure funding at a valuation of $50 billion. Additionally, Cursor CEO Michael Truell shares insights on the AI-coding startup's recent fundraising efforts, which have reached a valuation of $29.3 billion.
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