Mercor raises $750M at $20B valuation to take AI agent evaluation to enterprises (opens siliconangle.com)
Mercor supplies human experts to train and evaluate AI models, drawing on a network of more than 5 million domain experts.
Context: The FT reports Sequoia closed its London office and permanent-capital fund and halved its GPs, and that Botha joined SpaceX's board without telling his partners.
From Financial Times: How Sequoia's Alfred Lin and Pat Grady erased Roelof Botha's legacy, halving GPs and unwinding his fund; sources say he joined SpaceX's board behind their backs — Closures of London office and permanent capital fund mark latest efforts to streamline Silicon Valley VC firm
Mercor supplies human experts to train and evaluate AI models, drawing on a network of more than 5 million domain experts.
The range of $70 to $78 per share implies up to $1.404T fully diluted; SiliconANGLE puts the fundraising goal at $64B.
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Former SignalFire investor Sahir Raoof's first fund targets AI in pharma.
a16z's own announcement that it is leading General Translation's Series A.
Graphon builds memory for AI agents by mapping connections across docs, videos and images; RRE led.