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.

The acquisition comes as Mercor says it reached $2 billion in annual recurring revenue despite a high-profile cybersecurity breach in March.

A new $20 billion valuation would be a giant step up from the $10 billion valuation it reached in October.

Mercor is negotiating a $20B round (2x its Series C) just months after a supply chain breach lost Meta, while acquiring AI training environment startup Deeptune to own the full…

Mercor is in talks to double to a $20bn valuation and has bought Deeptune, an AI-training startup its own CEO backed. The footnotes are the story.