Mercor has secured $350 million in funding, boosting its valuation to $10 billion. The company connects AI labs with domain experts for training AI models and plans to expand its talent network and improve matching systems. With a significant contractor base, it aims to automate more processes while focusing on revenue growth.

Mercor, an AI startup founded in 2023 by college dropouts, has reached a valuation of $10 billion after securing a new funding deal. The company manages a global workforce of 30,000 contractors to assist in training AI models for clients like OpenAI and Anthropic.