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At 23, two Indian-origin AI entrepreneurs double wealth to $4.2 billion each

Dubai: Two Indian-origin entrepreneurs have doubled their fortunes to an estimated $4.2 billion (around Rs15.4 billion) each after their artificial intelligence startup, Mercor, secured fresh funding at a $20 billion valuation. Adarsh Hiremath and Surya Midha, both 23, are among the three co-founders of the US-based company, alongside chief executive Brendan Foody. The trio raised $750 million in…

At 23, two Indian-origin AI entrepreneurs double wealth to $4.2 billion each

Two Indian-origin entrepreneurs, Adarsh Hiremath and Surya Midha, have doubled their wealth to an estimated $4.2 billion each after their AI startup, Mercor, secured fresh funding at a $20 billion valuation. The three co-founders, including CEO Brendan Foody, raised $750 million in a Series D funding round, with investors including Benchmark, General Catalyst, Nvidia, and Salesforce.

Brief written by urgent.news from Gulf News's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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