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Mercor's CEO says it now spends more on AI tokens than employee salaries

Mercor
Business Insider Fews App News Provider
Fews App Post Time 22h ago

Brendan Foody is the CEO of Mercor. Taylor Hill/FilmMagic via Getty ImagesMercor's CEO says the $10 billion startup now spends more on AI tokens than employee pay. Before long, he says, the average company could be spending more on AI compute than on salaries.

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