Ai Foundation Models

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Recent Articles about Ai Foundation Models
Mercor co-founder and CEO Brendan Foody. Art by Clark Miller; Getty Images.
Exclusive

Mercor’s Fast Growth Relies on Biggest AI Companies, Documents Show

By Cory Weinberg and Julia Hornstein · Jul 21, 2026 6:00am PDT · 1 comment
Mercor, a three-year-old data startup whose army of contractors teaches AI to give better answers, is growing fast but relies heavily on revenue from AI foundation model companies, financial documents seen by The Information show. The company generated $614 million in gross revenue in the first half of the year, up 70% from all of last year,... Mercor, a three-year-old data startup whose army of contractors teaches AI to give better...
A photo of the Getty Villa, where the Montgomery Summit held its opening event. Photo courtesy of March Capital.
Dealmaker

The AI Worries Keeping Investors Up at Night

By Julia Hornstein · Mar 17, 2026 3:45pm PDT
It’s no surprise that if you bring hundreds of venture capitalists and limited partners together in 2026, most will have bought into AI—literally. So it was interesting to hear what investors gathered in Santa Monica, Calif., last week for March Capital’s annual The Montgomery Summit thought were the AI boom’s weak links. Take Matt... It’s no surprise that if you bring hundreds of venture capitalists and limited partners together...
Screenshot from viral AI-generated video of Gordon Ramsay made on Hailuo. Photos via YouTube/Adobe.

Chinese Apps Notch Early Wins in AI Video

By Juro Osawa · Oct 24, 2024 11:15am PDT
Videos of celebrity chef Gordon Ramsay making a chaotic mess in a kitchen went viral in the U.S. on TikTok, Instagram and X over the past month. The short clips were generated by a Chinese artificial intelligence video-generation app called Hailuo. Hailuo, developed by Shanghai-based startup MiniMax, is one of several Chinese AI video-generator... Videos of celebrity chef Gordon Ramsay making a chaotic mess in a kitchen went viral in the U.S....