Nvidia has discussed a potential investment in data-labeling provider Mercor, according to The Information, which cited a person familiar with the matter. The reported investment would be part of a new funding round that could value Mercor at $20 billion, with existing investor General Catalyst in talks to lead the raise. Mercor is helping Nvidia develop open-source AI models, a relationship that has grown as Nvidia gives priority to its Nemotron model family. While Mercor has historically generated most of its revenue from closed-model developers including OpenAI, Google, and Anthropic, revenue from Nvidia is now increasing, the report said. A person familiar with the matter also said Nvidia paid Mercor tens of millions of dollars in the previous quarter. Beyond Mercor, Nvidia uses data from other suppliers such as Turing and Scale and also maintains its own internal data team.
Nvidia (NVDA.O) has held discussions about investing in data-labeling service provider Mercor, according to The Information, which cited a person familiar with the matter.
Mercor is helping the chip designer develop open-source AI models. The reported investment would be part of a funding round that may value Mercor at $20 billion. Existing investor General Catalyst has been in talks to lead the round.
Mercor’s Nvidia business is growing
Mercor has historically drawn most of its revenue from developers of closed AI models, including OpenAI, Google, and Anthropic. That mix is shifting as Nvidia gives priority to developing its Nemotron open-source models, and Mercor’s revenue from Nvidia is rising, the report said.
Nemotron is intended to compete with the world’s most advanced open-source models. A person familiar with the matter said Nvidia paid Mercor tens of millions of dollars in the previous quarter.
Nvidia also works with other data providers
In addition to Mercor, Nvidia uses data from other suppliers such as Turing and Scale, and it also has its own internal data team.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
