Keep pulling the thread on Brendan Foody.
Mercore grew from a $1 million revenue run rate to a $400 million revenue run rate in 16 months.
Mercore grew from $1 million to $500 million in revenue in 17 months.
Mercore recently raised $100 million at a $2 billion valuation.
Mercore is working with six of the "Magnificent Seven" companies, all of the top five AI labs, and most AI application layer companies.
The human data market for AI has transitioned from a crowdsourcing problem of finding low-skilled labor to a sourcing and vetting problem for high-skilled professionals.
The AI industry is broadly moving from Reinforcement Learning from Human Feedback (RLHF) towards Reinforcement Learning from AI Feedback (RLAIF).
Mercore hired Sandeep Jain, the former Chief Product Officer and Chief Technology Officer of Uber, as its President.
Brendan Foodie believes it is highly likely that the entire economy will become a reinforcement learning (RL) environment for training AI models.
Brendan Foodie predicts that automating manual hiring processes like resume reviews and interviews will create a global, unified labor market.
The median pay rate in Mercore's marketplace is $95 per hour, with rates for top experts reaching up to $500 per hour.
Mercore has always been capital efficient and lifetime profitable, never having burned money.
Brendan Foodie does not believe AI superintelligence will be achieved within the next three years, viewing it as a 'longer road' that depends on better post-training data sets.