AI data supplier Micro1 hits $500M run rate
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Micro1, which supplies training and RL eval data to AI labs via contracted domain experts, grew its gross run rate from $100M to $500M in 8 months.
Micro1, which hires domain experts like doctors, lawyers, and scientists as contractors to build training and reinforcement-learning evaluation datasets for AI labs, went from $100 million to $500 million in gross annualized revenue in just eight months, a 5x jump. Net run rate lands closer to $150-200 million after paying contractors, with 80-90% margins on off-the-shelf data sold to multiple customers. It still trails rivals Mercor ($2 billion valuation) and Handshake ($1 billion) on revenue, evidence the data-labeling market supports several well-funded players at once rather than consolidating around one.
- 01AI data startup Micro1 reaches $500M gross run rate amid AI training boomtechcrunch.com · primary reporting
