Mercor Unveils APEX: GPT-5 Leads AI in Banking, Law, and Medicine Tasks

Mercor launched the AI Productivity Index (APEX), a benchmark evaluating frontier AI models on economically valuable tasks in investment banking, consulting, law, and medical care. Based on 200 expert-curated cases, GPT-5 leads with 68% success, highlighting AI's potential to transform high-value jobs. The index aims to guide future AI developments and investments.
Mercor Unveils APEX: GPT-5 Leads AI in Banking, Law, and Medicine Tasks
Written by Zane Howard

In the rapidly evolving world of artificial intelligence, a new benchmark is challenging the status quo by focusing on real-world economic impact rather than abstract capabilities. Mercor, the AI-powered talent platform, has unveiled the AI Productivity Index, or APEX, designed to measure how well frontier AI models perform tasks in high-value knowledge work sectors. Drawing from collaborations with experts at institutions like Goldman Sachs and Harvard Law School, APEX evaluates models across four domains: investment banking, management consulting, law, and primary medical care. The index’s first version, APEX-v1.0, includes 200 test cases, revealing that OpenAI’s GPT-5 tops the leaderboard, followed closely by models from Anthropic and Google.

This launch comes at a pivotal moment when AI’s potential to transform professional services is under intense scrutiny. Unlike traditional benchmarks that test coding or general reasoning, APEX prioritizes “economically valuable” tasks, such as drafting legal briefs or analyzing financial mergers. As detailed in a paper published on arXiv, the index was developed by sourcing top-tier experts to create realistic scenarios, then automating evaluations with AI judges for scalability. Mercor’s co-founder Brendan Foody emphasized in a recent post on X that this shift reflects “The Era of Evals,” where reinforcement learning is pushing models toward practical utility.

Pioneering Economic Benchmarks in AI Evaluation

The methodology behind APEX stands out for its rigor, involving human experts to curate tasks and AI systems to score outputs objectively. For instance, in the medical domain, models are tested on diagnosing conditions from patient histories, while in consulting, they tackle strategy recommendations for Fortune 500 clients. Initial results show GPT-5 achieving a 68% success rate, but gaps remain—models struggle with nuanced judgment calls that require human intuition. According to coverage in Techmeme, this positions APEX as a critical tool for assessing AI’s readiness to automate jobs worth trillions in global GDP.

Mercor’s rapid ascent in the AI space adds credibility to the index. Founded in 2023 by college dropouts including CEO Brendan Foody, the company has scaled to a $2 billion valuation after a $32 million Series A round backed by investors like Peter Thiel and Benchmark, as reported by CaproAsia. Now targeting a $10 billion valuation amid a $450 million annual revenue run rate, per sources cited in Bitget News, Mercor leverages its platform to connect AI labs with domain experts, making it uniquely positioned to build such a benchmark.

Industry Implications and Future Trajectories

Critics argue that APEX’s focus on elite professions might overlook broader workforce impacts, but proponents see it as a wake-up call for AI developers. Posts on X from industry figures like Artificial Analysis highlight 2025 trends toward productivity gains, with AI automating tasks in 75% of roles while supercharging others. Mercor’s blog post at mercor.com notes plans for expansions into more domains, potentially including engineering and creative fields, with regular updates to track model improvements.

As AI integrates deeper into economies, APEX could influence investment decisions and policy. For example, Cass R. Sunstein of Harvard Law School, a co-author on the arXiv paper, underscores the need for benchmarks that align with societal value. Meanwhile, Eric Topol from The Scripps Research Institute warns of ethical pitfalls in medical applications. Recent X discussions, including those from Techmeme, amplify excitement around GPT-5’s lead, but also speculate on rivals like Claude or Gemini closing the gap in future iterations.

Challenges and Broader Economic Shifts

Despite its strengths, APEX faces hurdles in ensuring unbiased evaluations, as AI judges might inherit model biases. Mercor’s ongoing lawsuit with rival Scale AI over corporate espionage, as mentioned in WebProNews, adds a layer of intrigue, yet hasn’t slowed the company’s momentum. In a post on X, Foody shared that Mercor now serves six of the Magnificent Seven tech giants, underscoring demand for specialized AI talent and evaluations.

Looking ahead, APEX may redefine how we quantify AI progress, shifting from hype to measurable productivity. With global AI investments surging—projected to contribute $15.7 trillion to GDP by 2030, per X posts from SA News Channel—the index provides a grounded framework. As models evolve, APEX’s leaderboard will likely become a key barometer for investors and executives navigating this transformative era.

Subscribe for Updates

AITrends Newsletter

The AITrends Email Newsletter keeps you informed on the latest developments in artificial intelligence. Perfect for business leaders, tech professionals, and AI enthusiasts looking to stay ahead of the curve.

By signing up for our newsletter you agree to receive content related to ientry.com / webpronews.com and our affiliate partners. For additional information refer to our terms of service.

Notice an error?

Help us improve our content by reporting any issues you find.

Get the WebProNews newsletter delivered to your inbox

Get the free daily newsletter read by decision makers

Subscribe
Advertise with Us

Ready to get started?

Get our media kit

Advertise with Us