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breach watch TNW July 10, 2026

A 23-year-old’s AI startup wants a $20bn valuation, months after a breach cost it Meta

A 23-year-old’s AI startup wants a $20bn valuation, months after a breach cost it Meta
AI Summary

A three-year-old startup run by a 23-year-old is in talks to double its worth to $20bn. Mercor, the AI training marketplace, has told investors it can raise at a $20bn valuation. It says it already holds at least one term sheet at that price, Bloomberg reports.

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