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Mercor raises $750 million Series D at a $20 billion valuation

Original title: [AINews] Mercor $750m Series D at $20B valuation, $3B run rate

Latent Spaceby swyx .ai ()14 min read
AI summary · x-ai/grok-4.7Summaries by Vani AI

The company says annualized revenue reached $3 billion and it has 5 million experts.

Mercor reports a $750 million Series D at a $20 billion valuation and a $3 billion annualized run rate, after crossing $1 billion in February and $2 billion in June. The same AINews roundup also covers Google's Gemini 4 Carbon launch for long-horizon agentic work and comparisons with Claude Fable 5.2. Benchmark and pricing figures in the digest are vendor or partner claims.

Unconfirmed: Revenue, expert counts and benchmark gains are company or partner claims, not independently confirmed here.

Key facts
  • Mercor says it spends 3x as much on inference as on salaries.
  • Gemini 4 Carbon is available through the Gemini API and AI Studio for paid developers.
  • Cursor lists Carbon at $2/$10 per million tokens through November 30.
  • Google cites 25% higher open-source vulnerability recall than Argon.
Explain this AI news with Vani AIWhat was announced, what is new and why it matters, in a new chat

From the original article

14 min read at latent.space

Our usual bar for making a fundraise a title story these days is a decacorn ($10B) valuation.

Latent Space

By swyx .ai · latent.space

Read the full article at Latent Space

A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.