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Mercor is in talks for a $20B valuation, 9 months after its last round, and 3 months after a breach that lost it Meta — TFN
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 agent stack.
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forbes.com
AI Data Labeler Mercor In Talks To Raise $500 Million At $20 Billion Valuation
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.
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fortune.com
AI unicorn Mercor acquires Deeptune after founder Brendan Foody backed the startup | Fortune
The acquisition comes as Mercor says it reached $2 billion in annual recurring revenue despite a high-profile cybersecurity breach in March.
