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MercorNew customer

Nvidia Weighs Investment in Round Valuing Mercor at $20 Billion

What happened

Data labeling provider Mercor earned tens of millions of dollars from its client Nvidia during the last quarter.

Source

Article excerpt

Highlighted: the sentence this signal was extracted from

Nvidia has discussed participating in a funding round that would value Mercor, a data labeling provider that supplies data that helps the chip designer develop open-source models, at $20 billion, The Information reported Wednesday (Aug. 19), citing unnamed sources. The size of Nvidia's potential investment and the total funding round could not be learned, according to the report. Mercor's revenue from Nvidia has been growing as the chip company focuses on the development of its Nemotron open-source models, and the company earned tens of millions of dollars from Nvidia during the last quarter, per the report. Neither Nvidia nor Mercor immediately replied to PYMNTS' request for comment. Nvidia also uses data from Turing and Scale, and the company invested in Scale's 2024 funding round that valued the company at $14 billion, the report said. Mercor was valued at $10 billion in an October Series C funding round in which the company raised $350 million. That valuation was five times higher than the company's Series B valuation, Mercor Co-Founder and CEO Brendan Foody said in a blog post. "At Mercor, our vast talent network trains frontier AI models in the same way teachers train students: by sharing knowledge, experience and context that can't be captured in code alone," Foody said in the post. "Each project expands what models understand." It was reported in April that Mercor...

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Extracted by Autobound

From the Signal API record
Event
New customer

What this signalsA new customer often means more work to staff, deliver and support.

Stories
2

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The full record

From the Signal API record

Numbers

Stories about this event
2

Extraction

Confidence
90%
Detected
Aug 19, 2026
signal_type
news
signal_subtype
signs_new_client

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This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/d71f813b-ad18-065c-99a1-24a549049c9e returns this record as JSON. POST /v1/companies/enrich returns every signal for mercor.com.

{
  "signal_id": "d71f813b-ad18-065c-99a1-24a549049c9e",
  "signal_type": "news",
  "signal_subtype": "signs_new_client",
  "detected_at": "2026-08-19T23:33:00+00:00",
  "company": {
    "name": "Mercor",
    "domain": "mercor.com"
  },
  "data": {
    "url": "https://www.pymnts.com/news/investment-tracker/2026/nvidia-weighs-investment-in-round-valuing-mercor-at-20-billion/",
    "title": "Nvidia Weighs Investment in Round Valuing Mercor at $20 Billion - PYMNTS.com",
    "excerpt": "Nvidia has discussed participating in a funding round that would value Mercor , a data labeling provider that supplies data that helps the chip designer develop open-source models, at $20 billion, The Information reported Wednesday (Aug. 19), citing unnamed sources. The size of Nvidia’s potential investment and the total funding round could not be learned, according to the report. Mercor’s revenue from Nvidia has been growing as the chip company focuses on the development of its Nemotron open-source models, and the company earned tens of millions of dollars from Nvidia during the last quarter, per the report. Neither Nvidia nor Mercor immediately replied to PYMNTS’ request for comment. Nvidia also uses data from Turing and Scale , and the company invested in Scale’s 2024 funding round that valued the company at $14 billion, the report said. Mercor was valued at $10 billion in an October Series C funding round in which the company raised $350 million. That valuation was five times higher than the company’s Series B valuation, Mercor Co-Founder and CEO Brendan Foody said in a blog post . “At Mercor, our vast talent network trains frontier AI models in the same way teachers train students: by sharing knowledge, experience and context that can’t be captured in code alone,” Foody said in the post. “Each project expands what models understand.” It was reported in April that Mercor...",
    "summary": "Data labeling provider Mercor earned tens of millions of dollars from its client Nvidia during the last quarter.",
    "planning": false,
    "image_url": "https://www.pymnts.com/wp-content/uploads/2024/09/Nvidia-AI-2.jpg",
    "confidence": 0.9,
    "published_at": "2026-08-19T23:33:00Z",
    "article_sentence": "Mercor’s revenue from Nvidia has been growing as the chip company focuses on the development of its Nemotron open-source models, and the company earned tens of millions of dollars from Nvidia during the last quarter, per the report.",
    "related_company_name": "Nvidia",
    "related_company_domain": "nvidia.com"
  }
}

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