Sitting in a conference room at Mercor’s office in San Francisco’s South of Market district, CEO Brendan Foody recalls the day in June that changed everything. Meta had announced it was buying almost half of data labeling giant Scale AI for $14 billion and poaching its star CEO Alexandr Wang. Mercor, a smaller rival that recruits PhDs and other experts to train models for AI labs, saw an immediate opening. “I was initially surprised,” Foody tells Forbes. “Then it slowly transitioned from surprise to excitement and enthusiasm around the future.”………..Continue reading…..

By Richard Nieva