> Does this new company have some connection to that, such as some of the same people?
Really doubt it. This "Thinking Machines" seems like an on-trend SV AI software startup, that "Thinking Machines" was a Massachusetts-based hardware company that went bankrupt 30 years ago (and whatever's left is Oracle). That "Thinking Machines" people are retiring by now.
I wonder if Sun/Oracle let the trademark lapse, because if it's still active I'd imagine this startup's gonna get sued.