TSMC plans investments totaling up to $1 billion in Anthropic and OpenAI
The chipmaker's board authorized up to $500 million for shares in each AI developer, including a purchase tied to Anthropic's IPO price.
Mercor raises $750 million at $20 billion valuation
Nvidia and Benchmark joined the Series D round, with Mercor planning to use the money to train and test AI agents on professional tasks.
Mercor said on November 10 that a Series D financing brought in $750 million and valued the artificial intelligence training startup at $20 billion. Investors included Felicis, Benchmark, Nvidia, Fundomo and funds managed by Apollo affiliates.
The San Francisco-based startup plans to put the proceeds toward training and testing AI agents on professional tasks. Co-CEO Brendan Foody said companies would need ways to train and evaluate agents using their own work.
Originally an AI-powered recruitment platform, Mercor now links technology businesses with specialists who contribute expertise for training, testing and improving AI models and agents.
Mercor's backers include Jack Dorsey and venture capitalist Peter Thiel. A previous $350 million fundraising in October 2025 left the company valued at about $10 billion.
The financing comes amid strong investor interest in AI startups. Crunchbase data showed that such businesses attracted $102 billion during the third quarter of 2026, accounting for 64% of venture capital worldwide.