Mercor, an AI upstart founded by 3 post-00s, raises $350 million in funding, valuation breaks $10 billion

What is the concept of dropping out of school at the age of 22 to start a business and doing it at the age of 24 to create a unicorn with a valuation of 10 billion dollars? Today, the U.S. AI recruitment unicorn Mercor officially announced that it has taken 250 million U.S. dollars (equivalent to about 1.8 billion yuan) of new financing, valued at 10 billion U.S. dollars (equivalent to about 71 billion yuan), which is its present...

How good is the "Tsinghua Department" behind the "Four Little Dragons" of big models?

Baichuan Intelligence, as the first batch of domestic AI big model companies established in April 2023. 2 months ago, it completed the A round of financing, with a total financing amount of RMB 5 billion. At present, Ali, Tencent, millet and other technology giants and a number of top-tier investment institutions are its shareholders.The pre-investment valuation of the B round has reached 20 billion RMB...

Jen-Hsun Huang's Fortune Surpasses $100 Billion for the First Time: From Night Market Boy to "Silicon Valley God of War"

On May 29, 2024, the three major U.S. stock indices closed collectively lower, and NVIDIA bucked the market by rising 0.81% to $1,148.25, with its shares reaching a new record high and its latest market value of $2.8 trillion. This is the third consecutive quarter in which NVIDIA's year-over-year revenue growth exceeded 200%. Jen-Hsun Huang, in his subsequent earnings...