Mercor, founded by three 21-year-old Thiel Fellows, uses AI to streamline hiring by automating resume screening and candidate matching. The platform offers AI-powered interviews and payroll management, and claims to remove bias from the hiring process. With this new funding, Mercor plans to expand its services and help more people find their ideal jobs. The company has seen rapid growth, with a $75 million annual revenue run rate, and works with top AI labs, including OpenAI. Mercor's technology has the potential to disrupt the traditional hiring process and make it more efficient, but also raises concerns about job displacement and bias in AI decision-making.