Mercor reaches $10 billion valuation in $350mn Series C as AI data labeling heats up
SAN FRANCISCO – In a blockbuster funding round that underscores the ferocious demand for high-quality AI training data, startup Mercor announced Monday it has raised $350 million at a staggering $10 billion valuation, cementing its status as a major player in the burgeoning AI ecosystem. The Series C round, led by existing investor Felicis, represents a…