Reported about 7 hours ago
Mercor has successfully raised $350 million in Series C funding, bringing its valuation to $10 billion, according to TechCrunch. The company, which connects AI labs with specialized domain experts for foundational AI model training, has seen significant growth after pivoting from an AI hiring platform. Existing investors, including Felicis Ventures and Benchmark, participated in this latest funding round, which exceeded earlier valuation targets. Mercor plans to expand its expert network and enhance its software infrastructure while moving towards an AI-powered recruiting marketplace.
Source: YAHOO