In accordance with Bijing.com, Mercor has raised $350 million in a Series C funding round led by Felicis Ventures, with Benchmark, General Catalyst, and Robinhood Ventures also participating. The startup, which connects AI labs with experts in fields like scientists and lawyers for AI model training, now has a valuation of $10 billion. Mercor charges by the hour and has expanded its reinforcement learning software. The company currently pays over $1.5 million daily to 30,000 contractors, averaging $85 per hour. Mercor aims to expand its talent network, improve client matching, and automate processes to achieve $500 million in annual recurring revenue (ARR).
Mercor Raises $350M in Series C Funding, Valuation Surpasses $10B
币界网Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.