Source: Nvidia has discussed an investment in Mercor as part of a round valuing the startup at $20B; Nvidia paid Mercor tens of millions of dollars last quarter (The Information)
Nvidia is both a customer and a possible backer of Mercor.
The Information item says Nvidia has discussed joining a funding round that would value Mercor at $20 billion. It also says Nvidia paid the startup tens of millions of dollars last quarter. The note does not say a deal has been completed or give terms beyond the reported valuation. Techmeme's note
The Information item says Nvidia has discussed joining a funding round that would value Mercor at $20 billion. It also says Nvidia paid the startup tens of millions of dollars last quarter. The note does not say a deal has been completed or give terms beyond the reported valuation. Techmeme's note
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