
22-Year-Old Founder's AI Firm Aims to Reshape Global Hiring
Brendan Foody, a 22-year-old CEO, is leading Mercor, a $2 billion AI company that aims to automate 50% of human labor tasks within five years.
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Brendan Foody, a 22-year-old CEO, is leading Mercor, a $2 billion AI company that aims to automate 50% of human labor tasks within five years.

Venture capitalists are making multimillion-dollar decisions on AI startups in minutes, using unconventional meetings at gyms to close deals in a high-speed funding frenzy.

Amazon founder Jeff Bezos is returning to a leadership role as co-CEO of a new AI startup, Project Prometheus, which has launched with $6.2 billion in funding.

AI presentation startup Gamma has raised $68 million in a new funding round, achieving a $2.1 billion valuation while maintaining profitability with a small team.

Workflow documentation startup Scribe has raised $75 million in a Series C round, boosting its valuation to $1.3 billion to launch a new AI optimization platform.

Fintech startup QuantumVest has launched InsightAI, an artificial intelligence platform designed to give retail investors access to institutional-grade market analysis tools.

A new $129 AI-powered necklace called "Friend" has been launched by a 23-year-old entrepreneur, backed by $10 million in funding and a massive marketing campaign.

Top venture capitalist Elad Gil says the chaotic AI market is maturing, with clear leaders emerging in areas like foundational models while huge opportunities remain in fintech and security.

AI search startup Perplexity is experiencing a massive surge in its valuation, with some offers reaching as high as $50 billion amid a frenzied investor climate.

AI recruiting firm Mercor has reached a $10 billion valuation, making its three 22-year-old founders the youngest self-made billionaires in the world.

Sequoia Capital has led a new investment round in AI startup Rogo Technologies, valuing the company at $750 million as it aims to automate investment banking tasks.

A researcher from secretive AI startup Thinking Machines Lab has challenged the industry's focus on scale, arguing the path to superintelligence is through 'superhuman learners'.