AI Data Labeler Mercor In Talks To Raise $500 Million At $20 Billion Valuation

AI data labeling startup Mercor is in talks to raise $500 million at a $20 billion valuation, which would make its three 23-year-old cofounders worth an estimated $4.3 billion each.

AI Data Labeler Mercor In Talks To Raise $500 Million At $20 Billion Valuation By Richard Nieva, Forbes StaffSource: Forbes Innovation https://www.forbes.com/innovation/ If the round closes as expected later this month, the startup’s three 23-year-old cofounders would be worth an estimated $4.3 billion apiece. If the round closes as expected later this month, the startup’s three 23-year-old cofounders would be worth an estimated $4.3 billion apiece. Get AI news in your inbox Daily digest of what matters in AI.