Handshake, Mercor Revenue Surges on Demand for Human Contractors to Train AI

AI firms’ voracious appetite for more data has lifted sales for obscure startups doing the industry’s unglamorous work: contracting with lawyers, PhD holders and medical doctors who grade the answers AI models generate. The latest is Handshake, a 12-year-old startup that began as a job site for college graduates. Handshake’s gross annualized revenue from AI training has risen to nearly $1 billion, up from $550 million in January and $5 million to $10 million a year ago, a few months...