Mercor: Unlocking Valuable Data for AI Labs
Mercor CEO Brendan Foody has established a $10 billion empire by liberating valuable data from legacy industries and making it accessible to AI labs.
According to Foody, AI labs are now opting for a new approach: tapping into the industry knowledge of former senior employees from companies, rather than signing expensive contracts for data.
“There is an argument that Goldman Sachs doesn’t love the idea of having models that are able to automate their value chain,”
Mercor's marketplace connects former employees of investment banks, consulting houses, and law firms with AI labs seeking to automate these industries. Notable customers include OpenAI, Anthropic, and Meta.
Author's summary: Mercor unlocks data for AI labs.