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AI training startup Mercor valued at $20 billion in latest funding round

The round drew Benchmark, Nvidia and Salesforce as Mercor expands beyond frontier AI labs to train and test AI agents for other companies.

Nov 10 : Mercor said on Tuesday it had raised $750 million in a funding round that valued the AI training startup at $20 billion.The Series D round drew participation from Benchmark, Felicis, Fundomo, Nvidia and funds managed by affiliates of Apollo, among others.Here are more details:

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AI startup Mercor has completed a new $750 million funding round, raising its valuation to $20 billion. This represents double the company's valuation since October of last year.

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Channel News Asia broke the news in Singapore, Singapore on Tuesday, November 10, 2026.
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