🚀 Business & Startups🌐 Global
EXL to Acquire AI Data Company iMerit for $310 Million
mint - companies·Thursday, 25 June 2026
Analytics firm EXL has announced it will acquire iMerit, an AI data and model training company, for $310 million. The deal comes as more businesses move AI projects from small experiments to large-scale deployment, driving demand for high-quality training data. iMerit specializes in data annotation, model training, and AI evaluation services.
Why It Matters
As companies pour money into AI, the businesses that provide the data to train those AI systems are becoming extremely valuable — this acquisition shows just how much.
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