Nvidia (NVDA) Stock Eyes $20 Billion Bet on AI Data Startup Mercor

TLDR

• Nvidia is in talks to invest in AI data startup Mercor at a $20 billion valuation, double its previous $10 billion valuation
• Mercor generated $614 million in gross revenue in the first half of 2026, with an annualized run rate past $2 billion by June
• Nvidia already pays Mercor millions for training data used in its Nemotron open-source AI models
• General Catalyst is leading the funding round; Mercor also works with OpenAI, Google DeepMind, and Anthropic
• Wall Street has a Strong Buy consensus on NVDA with an average price target of $306.13, implying over 40% upside

Nvidia is in talks to invest in Mercor, an AI data labeling and recruitment startup, at a valuation of around $20 billion. That would be double the $10 billion valuation Mercor received during its Series C round.

NVIDIA EYES MERCOR INVESTMENT$NVDA has discussed investing in AI data supplier Mercor as part of a funding round that would value the startup at $20 billion, The Information reports.

Mercor hires specialists across fields such as science, law and finance to train and evaluate… pic.twitter.com/xDqeh2XOyW

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