Nvidia (NVDA) has considered participating in a $20 billion-valuation funding round for Mercor, a data labeling provider that helps it develop its open-source AI models, The Information reported Wednesday, citing a person with knowledge of the process.

General Catalyst has been in discussions to lead the round, the report said.

Nvidia didn't immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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