Nvidia considers funding AI startup Mercor, which helps it develop open-source models: report

Nvidia considers funding AI startup Mercor, which helps it develop open-source models: report

Nvidia may join Mercor’s funding round at a $20B valuation.

Nvidia Weighs Investment in Round Valuing Mercor at $20 Billion

Nvidia has discussed participating in a funding round that would value Mercor, a data labeling provider that supplies data that helps the chip designer develop open-source models, at $20 billion, The Information reported Wednesday (Aug. 19), citing unnamed sources. The size of Nvidia’s potential investment and the total funding round could not be learned, according to the report. Mercor’s revenue from Nvidia has been growing as the chip company …