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Mercor, a three-year-old data startup whose army of contractors teaches AI to give better answers, is growing fast but relies heavily on revenue from AI foundation model companies, financial documents seen by The Information show.
The company generated $614 million in gross revenue in the first half of the year, up 70% from all of last year, according to the documents. About 91% of the first half revenue came from makers of AI foundation models. Mercorās top customers include OpenAI, Anthropic and Google D
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An East Bay apartment complex has been bought at a price that's well below its prior value. Read more āŗ
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A PG&E Corp. unit has bought a San Jose building in a move to bolster the utility's South Bay operations. Read more āŗ
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AI training can create spikes in energy consumption, and these can cause all sorts of harm to a power grid. Read more āŗ
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Corner, a social app for saving and sharing local spots, has raised $7.5 million. Read more āŗ
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A federal judge rejected AT&T's request to temporarily block California rules requiring it to offer basic phone service to new customers in its wireline territory. AT&T wants to retire its copper-based phone network and stop service for nearly 200,000 California customers in 2027, but the state argues the company can meet its obligations with modern alternatives like fiber rather than abandoning Carrier of Last Resort requirements altogether. Ars Technica reports:... Read more āŗ
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Twitch is giving parents more control over how their children are using the streaming platform, including the ability to block them from broadcasting entirely. Parental controls are now available that allow guardians to link Twitch accounts with their 13- to 17-year-old children, providing account management features and a weekly email summarizing their teen's activity, including [ā¦] Read more āŗ
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ŠÆ запŃŃŃŠøŠ» Ideogram 4 Š»Š¾ŠŗŠ°Š»ŃŠ½Š¾ на Mac, а Š·Š°Ńем ŃŠ¾Š±Ńал Š“Š»Ń Š½ŠµŠ³Š¾ Š½Š°ŃŠøŠ²Š½Š¾Šµ ŠæŃŠøŠ»Š¾Š¶ŠµŠ½ŠøŠµ на Swift Šø MLX ā Š±ŠµŠ· Š¾ŃŠ“ŠµŠ»ŃŠ½Š¾Š³Š¾ Python-ŠæŃŠ¾ŃеŃŃŠ° во Š²ŃŠµŠ¼Ń ŃŠµŠ½Š“ŠµŃŠ°. Š”ŃŠ°Š·Ń ŃŠµŃŃŠ½Š¾: Ā«6 ŃŠ°Ńов ŠæŃоŃив 11 минŃŃĀ» ā Š½Šµ ŃŃŠŗŠ¾Ńение оГной каŃŃŠøŠ½ŠŗŠø в 35 ŃŠ°Š·, а Гва ŃŠ°Š·Š½ŃŃ ŃŠµŠ¶ŠøŠ¼Š°: Š¼Š°ŠŗŃŠøŠ¼Š°Š»ŃŠ½ŃŠ¹ Quality 2048Ć2048 на 48 ŃŠ°Š³Š°Ń Šø ŠæŠ¾Š²ŃŠµŠ“Š½ŠµŠ²Š½ŃŠ¹ Turbo 1152Ć768 на 12. ŠŃо ŠæŃоГолжение ŃŠµŃŠøŠø о Typhoonminigen. Š ŃŃŠ°ŃŃŠµ ā Š°ŃŃ ŠøŃŠµŠŗŃŃŃŠ° ŠæŃŠøŠ»Š¾Š¶ŠµŠ½ŠøŃ, ŃŠµŠ°Š»ŃŠ½ŃŠµ замеŃŃ, ŃŠ“Š°ŃŠ½Ńе ŃŠµŃениŃ,... Read more āŗ
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A federal judge has signed off on Anthropic's $1.5 billion class action settlement with authors who accused the company of training its AI models on copyrighted books, as reported earlier by Reuters. In an order on Monday, Judge Araceli MartĆnez-OlguĆn writes that the settlement will provide "meaningful relief," offering authors around $3,000 for each book [ā¦] Read more āŗ
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The rising prices of semiconductor products are not showing signs of slowing down. Nikkei Asia reports that TSMC will raise prices by up to 10% starting next year, which is bad news for its clients ā the likes of Nvidia, Apple, Qualcomm, AMD and Intel ā and that in turn will be bad news for their customers. The prices for TSMCās advanced nodes will go up by 5% to 10%,... Read more āŗ
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Google DeepMind co-founder and CEO Demis Hassabis called for a new standards body led by the U.S. that would perform testing on frontier models. In a lengthy post on X, Hassabis wrote that the government could establish a group modeled on self-regulatory organizations or public-private ... Read more āŗ
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Arcee, an open-source AI developer, in 2024 committed to spend $8 million over three years with Amazon Web Services to store data and run AI models. But the startup hasnāt been able to get access to enough Nvidia-powered servers on AWS to handle its work. So Arcee has ended up running most of its models on cloud upstarts including Hugging Face, Together and others, according to Arcee CEO Mark McQuade. Read more āŗ
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Should businesses worry about whether leading AI providers are using their corporate data to develop competing products? The AI providersā rivals, including the CEOs of Microsoft, Salesforce and Palantir, seem to think soThe real threat is far more subtle, having more to do with the high-level usage data AI providers can collect and a loophole that involves customers voluntarily sharing their chats with chatbot creators. Read more āŗ
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IBM stock shed 25% on Tuesday, as the firm reported a shortfall in purchases of its mainframe computers resulting from customers shifting spending towards other hardware affected by AI-driven price increases. IBM said infrastructure revenue tied to sales of its mainframes, or supersized ... Read more āŗ
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On Tuesday, the White House announced the launch of the first program to come out of its early June executive order on AI cybersecurity. The initiative, dubbed Gold Eagle, is a clearinghouse composed of government agencies and companies that allows them to coordinate on cyber vulnerabilities and ... Read more āŗ
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Startups that make chips and related hardware smell cash in the air. Venture capitalists are more eager than theyāve been in years to fund these capital-intensive businesses, excited by Nvidiaās $20 billion Groq deal and signs other strategic buyers are circling. Founders are seizing the moment. Nuvacore, a startup focused on designing new central processing units that was founded by former Apple chip engineers, came out of stealth mode just... Read more āŗ
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Way to go, Demis Hassabis! The Google DeepMind co-founder and CEO won plaudits from much of the AI industryāincluding rivals OpenAI CEO Sam Altman, Microsoft CEO Satya Nadella, BlockĀ co-founder Jack Dorsey and investors Ashton Kutcher and Chamath Palihapitiyaāfor proposing the creation of a new AI standards group funded by industry but working with government.Ā Hassabisā idea is that this new group could review frontier AI models to ensure they... Read more āŗ
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Strong revenue growth at DeepSeek is empowering the Chinese open-source AI star to raise its second-funding round of 50 billion yuan ($7.4 billion) and plot a potential public offering in Shanghai next year, according to three people with knowledge of the matter. The three-year-old startupās annualized revenue reached between $400 million and $500 million recently thanks to sales of cloud-based access to its AI models through an application programming interface,... Read more āŗ
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DeepSeekās annualized revenue reached between $400 million and $500 million recently, in a potential boost for the Chinese AI developerās effort to raise its second funding round, The information reported. DeepSeekās revenue growth, driven by sales of cloud-based access to its AI models, comes ... Read more āŗ
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Apple has received key approval in China that paves the way for the release of its Apple Intelligence on-device AI service in the country, as the Chinese internet regulator permitted the Apple AI service, along with six other services, under generative AI rules. Apple worked with Chinese ... Read more āŗ
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21.07.2026 13:29
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