julia hornstein

Mercor, an AI training data company, is raising a new round at a $20B valuation led by General Catalyst with participation from strategic customer Nvidia, which has paid tens of millions for data to train its Nemotron models.

Ode, Anthropic's joint venture with PE firms, acquired Casper Studios to add quicker-turnaround AI solution capabilities (recruiting, financial reporting) to its holistic transformation offering, targeting both PE portfolio companies and broader enterprise market.

General Catalyst is leading Mercor's latest funding round at a $20B valuation, continuing its investment in AI infrastructure layer companies.

Nvidia is participating in Mercor's $20B funding round after paying tens of millions for training data for its Nemotron models, signaling a tightening strategic relationship between the chip maker and AI data provider.

Nvidia is deepening its relationship with AI training data provider Mercor, participating in a $20B funding round after paying tens of millions for data used to train its Nemotron models, signaling strategic control over the data layer.

OpenAI is mirroring Anthropic's PE-partnership model through its Deployment Co, working with major private equity firms to drive AI adoption across portfolio companies.

Mercor has become a critical infrastructure provider for frontier model training, securing Nvidia as both major customer and investor at a $20B valuation, with General Catalyst leading the round.

Thrive Holdings, an offshoot of Thrive Capital, differentiates by taking meaningful ownership stakes in legacy businesses (accounting, etc.) while providing AI transformation services, aligning incentives for long-term value creation.

Anthropic's joint venture Ode with private equity firms is executing a services-led strategy to integrate Anthropic's AI into legacy enterprises, acquiring Casper Studios to accelerate quicker-turnaround AI projects for specific business functions.

Four-year-old AI consultancy Casper Studios, with clients like Netflix and Pepsi, was acquired by Ode to provide faster, function-specific AI implementation capabilities.