▶ 27:15 · $MERCOR · Mercor hits $2.8B annualized revenue run rate but 90% concentration in foundation model labs and 30% gross margins raise sustainability questions at $20B valuation

episode briefing

US AI Policy Debate Reignited by Kimi K3, Where Anthropic is Lagging, AMD’s New Helios AI System

2026-07-22 · 6 company · 7 thematic

sentiment

2 bull1 bear3 neu

speakers

austin lions

Senior analyst at Creative Strategies covering semiconductor and AI infrastructure markets; provides competitive analysis on AMD, Nvidia, and data-center architecture.

corey weinberg

Corey Weinberg is a senior reporter at The Information who authored a profile of Anthropic CEO Dario Amodei and covers AI company business models.

laura bratton

Writes the Applied AI newsletter for The Information, reporting on enterprise AI adoption, coding agents, and frontier model competition.

quote

“Merkor we found uh on a on a very topline gross revenue basis... between 610 and $620 million in just the first half of this year... annualized run rate of over two billion. It expects to be at 2.8 billion by the end of this year... 90% of…”

—corey weinberg

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