Nvidia in talks to back data-labeling startup Mercor at $20B

Nvidia is in early discussions to invest in AI data-labeling startup Mercor as part of a funding round that would value the company at about $20 billion, The Information reported August 19, roughly double Mercor's $10 billion valuation from October. Nvidia already paid Mercor tens of millions of dollars last quarter to source specialized human-expert data for its open Nemotron models, and the round is being led by existing investor General Catalyst, though a deal has not been finalized.