Nvidia Stock (NVDA) Climbs on Multi-Year AI Deal with Mira Murati’s Thinking Machines Lab

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Nvidia NVDA +1.78% ▲ and Thinking Machines Lab (TML), the fast‑rising AI startup founded by former OpenAI CTO Mira Murati, announced a multi-year strategic partnership. Following the news, NVDA stock was up about 2% on Tuesday.

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As part of the deal, NVDA has made a significant investment in the company to support its long‑term growth, while TML will deploy at least one gigawatt of Nvidia’s next‑generation Vera Rubin systems starting in early 2027.

This massive compute scale is expected to support frontier model training and customizable AI platforms. Also, the two companies will work together to design AI training and serving systems optimized for Nvidia hardware to enhance the ability to build and customize AI.

Nvidia CEO Jensen Huang called Thinking Machines “a world‑class team to advance the frontier of AI.” Murati echoed the sentiment, saying the partnership will accelerate the lab’s mission to build AI systems that people can “shape and make their own.”

A Startup With Big Ambitions

Thinking Machines Lab is building AI systems that are easier to understand, customize, and scale, an approach that fits with Nvidia’s push to support the next wave of agentic and frontier‑level AI models.

The startup has seen several high‑profile departures in recent months, including co‑founders returning to OpenAI or joining Meta META +1.67% ▲ . Despite this, TML continues to attract major investment and attention due to Murati’s leadership and its ambitious research roadmap.

Since its founding in 2025, the startup has raised more than $2 billion and is valued at over $12 billion, backed by investors including Andreessen Horowitz, Accel, AMD’s AMD +1.41% ▲ venture arm, and Nvidia itself.

Is NVDA a Strong Buy?

Overall, Wall Street has a Strong Buy consensus rating on Nvidia stock based on 39 Buy and one Hold recommendations. The average NVDA stock price target of $272.16 indicates 46.4% upside potential.

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