Nvidia is in discussions to invest in Mercor, a leading AI data marketplace, at a valuation of $20 billion. This represents a doubling of Mercor's worth since its Series C round in October 2025, when it raised $350 million and was valued at $10 billion. The talks appear to be strategic, potentially paving the way for deeper integration with Mercor's services or future acquisition activity.
Mercor has experienced rapid growth, generating $614 million in gross revenue in the first half of the year, with annualized gross revenue projected to reach $2 billion by June 2026. The company's client list includes notable names such as OpenAI, Anthropic, and Nvidia itself.
Key Players
Mercor was founded by Brendan Foody, Adarsh H., and Surya Midha, who became some of the world's youngest self-made billionaires following the October 2025 funding round. The startup's platform connects companies with human domain experts who produce high-quality, specialized data for AI models.
Investment Details
No specific deal terms have been confirmed, and there's no indication the investment has closed. However, the potential partnership highlights Nvidia's interest in Mercor's services and the growing importance of AI training data
