Mercor has its moment in the AI data race
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Mercor, an AI hiring platform, is emerging as a key player in the changing AI data market after Meta's $14 billion investment in Scale AI. Co-founded less than three years ago, Mercor is reportedly entertaining Series C offers at a $10 billion valuation, following a Series B at $2 billion. It aims to achieve $500 million in ARR faster than competitors. The AI data landscape is evolving, with Mercor's growth posing a challenge to established players like Surge and Scale AI. The episode also discusses Bending Spoons' acquisition of Vimeo and SpaceX's investment in the direct-to-cell market.
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