The AI Startup Fueling ChatGPT’s Expertise Is Now Valued at $10 Billion

Chief Technology Officer Adarsh Hiremath, left, and Chief Executive Brendan Foody dropped out of college to start Mercor. - Bonnie Rae Mills Mercor, a startup that has become a critical component in the ecosystem improving top AI models, is finalizing a new funding deal that would value the company at $10 billion, people familiar with the matter said. That is five times the value the company had in February before it pivoted to one of the more lucrative arenas in the artificial-intelligence boom: hiring ...