Inside The $2.2B AI Research Accelerator | Turing

AI has eaten the internet, data labeling is so over, and $30 trillion of human work is on the verge of automation. Jonathan Siddharth, Founder & CEO of Turing, joins Sourcery to break down the power shift in AI training — from commodity data labeling to expert research — positioning Turing apart from AI data providers like Scale AI, Mercor, & Surge.Turing has become a hidden force in the AI race, hitting $300M in ARR in 2024 (~3x YoY), achieving profitability, and raising $111M at a $2.2B valuation in March. That growth cements its position as one of the fastest-growing AGI infrastructure companies. Today, frontier labs like OpenAI, Anthropic, Meta, Google, Microsoft, Nvidia, & Amazon rely on Turing for the frontier data that pushes AI forward across the four pillars of superintelligence:• Multimodality• Reasoning• Tool use• CodingWe explore Turing’s expansion into the enterprise, closing the “gap” – where Fortune 500s in finance, insurance, and pharma are racing to build proprietary intelligence on their own data, creating durable moats in the $30T knowledge work economy.PS Jonathan also explains how labs like OpenAI train models:• Pre-training on filtered internet corpora (Common Crawl, GitHub, books, video)• Post-training with supervised fine-tuning (human Q&A datasets)• Reinforcement learning (RLHF + verifiable domains) to align models with human preferences• Model-breaking data from Turing’s 4M+ engineers to close gaps and advance systems like GPT-51. Jonathan Siddharth: https://www.linkedin.com/in/jonsid/2. Molly O’Shea: ⁠https://x.com/MollySOShea⁠3. Sourcery: ⁠https://x.com/sourceryvc⁠Brought to you by:• Brex—The modern finance platform, combining the world’s smartest corporate card with integrated expense management, banking, bill pay, & travel.As a Sourcery Listener you get: 75,000 points after spending $3,000 on Brex card(s), white-glove onboarding, $5,000 in AWS credits, $2,500 in OpenAI credits, & access to $180k+ in SaaS discounts. On top of $500 toward Brex travel, $300 in cashback, plus exclusive perks (like billboards..) visit → https://brex.com/sourcery• Turing—Turing delivers top-tier talent, data, and tools to help AI labs improve model performance—and enables enterprises to turn those models into powerful, production-ready systems. Visit: https://turing.com/sourcery• Carta—Carta connects founders, investors, and limited partners through software purpose-built for private capital. Trusted by 65,000+ companies in 160+ countries, Carta’s platform of software & services lays the groundwork so you can build, invest, and scale with confidence. Visit: https://carta.com/sourcery• Kalshi—The largest prediction market and the only legal platform in the US where people can trade directly on the outcomes of future events: https://kalshi.com/sourceryFollow Sourcery for the latest updates!https://www.sourcery.vc/(00:00) AI Ate The Internet (00:49) Training superintelligence: the race to AGI (02:31) Viral tweet (03:24) What Turing actually does (04:43) The internet data is “used up” — where will new data come from? (05:34) Four pillars of superintelligence: multimodality, reasoning, tool use, coding (06:07) Automating $30T of global knowledge work (09:18) The $1B revenue opportunity(10:59) Why Turing is a research-first accelerator, not a data labeler (13:45) Jonathan’s Stanford AI Lab roots and founding DNA (17:57) How models are built: pre-training vs. post-training (20:14) RLHF, reinforcement learning, and “breaking the models” (25:19) GPT-5 and the myth of rapid takeoff (30:46) Safety debates and human-in-the-loop systems (34:53) Closing Enterprise Gap: finance, insurance, & pharma (39:23) Why proprietary enterprise data is the next moat in AI