TechCrunch·3 min read·medium
Mercor is in talks for a $20B valuation
D
Dominic-Madori Davis
✦AI Summary
AI startup Mercor is reportedly in talks to raise funding at a $20 billion valuation, doubling its previous valuation from October. The company also announced the acquisition of AI training firm Deeptune and reported a significant increase in its annualized revenue run rate.
AI training startup Mercor is reportedly in talks to raise a round at a $20 billion valuation, sources tell Bloomberg . That would be quite a jump from it’s last value in October, when it raised a $350 million Series C at a $10 billion valuation .
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