Source: AI training data startup Micro1's gross annual run rate grew from $100M to $500M in the past eight months, putting net annual run rate at $150M-$200M (Marina Temkin/TechCrunch)

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- Micro1 gross annual run rate grew from $100M to $500M over the past eight months, a fivefold increase according to a source cited by TechCrunch
- The company's net annual run rate sits at $150M–$200M, a wide gap the source attributes to costs against the surging demand for unique AI training data from top labs and corporations
Why it matters: The $300M–$350M gap between Micro1's $500M gross run rate and its $150M–$200M net run rate suggests AI training data is a high-volume, low-margin business — top labs are paying aggressively for unique datasets, but data acquisition and labeling costs are eating most of the top line.
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