Source: AI training startup Mercor is expected to value more than $10 billion, with an annualized yield of $450 million
Source: CoinWorld
Time: 2025-09-10 09:45:27
Mercor is a startup that connects artificial intelligence companies such as OpenAI and Meta with domain experts for model training. Currently, the company is in talks for a Series C funding with a goal of a valuation of $10 billion, up from $8 billion a few months ago. The company reported that its annualized operating revenue was close to $450 million and expected profits to reach $6 million in the first half of 2024. While expanding into the field of reinforcement learning services, the company faces competition from companies such as Surge AI. Despite investors’ interest, CEO Brendan Foody denied that it was actively raising funds.