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AI unicorn Mercor acquires Deeptune after founder Brendan Foody backed the startup

Foody quietly backed Deeptune months before Mercor bought the AI simulation startup, which will move its team to New York.

Summary by Fortune
The acquisition comes as Mercor says it reached $2 billion in annual recurring revenue despite a high-profile cybersecurity breach in March.

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FortuneFortune
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AI unicorn Mercor acquires Deeptune after founder Brendan Foody backed the startup

The acquisition comes as Mercor says it reached $2 billion in annual recurring revenue despite a high-profile cybersecurity breach in March.

·New York, United States
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Fortune broke the news in New York, United States on Thursday, July 9, 2026.
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