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Micro1

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Mecka AI nears $500M valuation in Sequoia-led deal amid rush for robot training data

Mecka AI, which collects human motion data for robot training, is nearing a Sequoia-led round at about a $500 million valuation.

Mecka AI is nearing a new funding round led by Sequoia Capital at a valuation of roughly $500 million, three months after raising $60 million led by Framework Ventures with participation from Menlo Ventures, SV Angel, and Kindred Ventures. Founded in 2024 by Josh Gao, Mogen Cheng, Jason Chong, and Duy Nguyen, the startup pays people to record everyday tasks using body sensors and smartphones to produce egocentric training data for humanoid robots. The company projected a $100 million annual run rate by the end of 2026 and competes with firms like Scale AI, Mercor, Surge, Micro1, and XDOF in the physical-world data market.

TechCrunch · AI · 4d agoAI industry 2 sources1

Bidding war for defunct Spirit Airlines’ employee data will not die

AI firm Micro1 bid $12.5 million for Spirit Airlines' 600 million employee email and chat records, challenging Google's $10 million auction win.

After Spirit Airlines entered bankruptcy, Google won an auction for the airline's data trove with a $10 million bid, beating Mercor's $7.5 million offer, but Micro1 has now counter-offered $12.5 million. The data includes about 600 million email and chat records from 17,000 employees, 17 million OneDrive files, 20.5 million SharePoint items, and over 30 million customer service calls, valuable for AI training. Former employees' unions, including the Association of Flight Attendants-CWA representing 5,500 flight attendants, have taken legal action to block the sale over privacy concerns.

CSO Online · 11d agoAI industry