Latent Space· swyx .ai·· 4 days agoAI score60
[AINews] Mercor $750m Series D at $20B valuation, $3B run rate
[AINews] Mercor $750m Series D at $20B valuation, $3B run rate
AI summary
Mercor raised a $750M Series D at a $20B valuation after reaching $3B in annualized revenue, up from $1B in February and $2B in June. The company reports 5 million experts and cites a TAM of more than 800 distinct U.S. occupations whose workflows models have yet to be evaluated against. Mercor also says it spends 3x as much on inference as on employee salaries.
Source: Latent Space · latent.space