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The latest mercury news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks mercury across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.

Mercury CEO Immad Akhund said AI is lowering the cost of starting companies, driving a 2.5x increase in applications in Q1 versus Q1 last year. Mercury raised $200 million in Series D funding at a $5.2 billion valuation and received conditional OCC approval to establish Mercury Bank, N.A.
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