Nvidia in Talks to Invest in AI Data Supplier Mercor at $20B Valuation, Doubling Startup's Worth in Nine Months

The Information reports Nvidia is discussing an investment in Mercor as part of a round that would value the AI data-labeling startup at $20B, roughly double its $10B Series C nine months ago. Nvidia paid Mercor tens of millions last quarter; Mercor's H1 gross revenue hit $614M with a $2B annualized run rate.