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Mercor, an AI recruiting startup founded by 21-year-olds raises $100M at $2B valuation
<p>Mercor, the AI recruiting startup founded by three 21-year-old Thiel Fellows, has raised $100 million in a Series B round, the company confirmed to TechCrunch. Menlo Park-based Felicis led the round, valuing Mercor at $2 billion — eight times its previous valuation, The Wall Street Journal previously reported. Existing investors Benchmark and General Catalyst, as […]</p>

Henil Mehta
Jul 273 min read
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Apple commits $500B to US manufacturing including a new AI server facility in Houston
<p>The U.S. government is leaning hard on tech companies to make more commitments to building their businesses in the country, and Big Tech is falling in line. On Monday, Apple laid out its own plans in that area: It will spend $500 billion over the next four years in areas like high-end manufacturing, engineering, and […]</p>

Henil Mehta
Jul 274 min read
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Why Africa had no unicorns last year despite record fundraising haul
<p>Africa, bucking global trends, raised more VC dollars in 2022 than 2021. But its unicorn list stayed stagnant.</p>

Henil Mehta
Jul 275 min read
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