Sector
AI labs
Companies that train frontier and open-weight models.
| Company | Status | Last financing | Post-money | Compute deals | Latest quarter capex |
|---|---|---|---|---|---|
| Anthropic | Private · Public benefit corporation | Series HMay 28, 2026 | $965B | 6 | Not tracked yet |
| Mistral AI | Private | Equity roundSep 8, 2026 | more than €21B | Not tracked yet | Not tracked yet |
| OpenAI | Private · Public benefit corporation | Equity round, Debt financingMar 31, 2026 | $852B | 4 | Not tracked yet |
| Cursor | Part of SpaceX | Not tracked yet | Not tracked yet | Not tracked yet | Not tracked yet |
| SpaceX | Public · NASDAQ: SPCX | Debt financingJun 26, 2026 | Not tracked yet | Not tracked yet | Not tracked yet |
| Alphabet | Public · NASDAQ: GOOGL | Not tracked yet | Not tracked yet | 1 | $44.92BFY26 Q2 · Apr–Jun 2026 · derived |
| xAI | Part of SpaceX | Series EJan 6, 2026 | Not tracked yet | Not tracked yet | Not tracked yet |
| Alibaba | Public · NYSE: BABA | Not tracked yet | Not tracked yet | Not tracked yet | Not tracked yet |
| DeepSeek | Private | Not tracked yet | Not tracked yet | Not tracked yet | Not tracked yet |
| Meta | Public · NASDAQ: META | Not tracked yet | Not tracked yet | Not tracked yet | $30.12BFY26 Q2 · Apr–Jun 2026 · derived |
| MiniMax | Public · Listed in Hong Kong | Not tracked yet | Not tracked yet | Not tracked yet | Not tracked yet |
| Moonshot AI | Private | Not tracked yet | Not tracked yet | Not tracked yet | Not tracked yet |
| Z.ai | Public · Listed in Hong Kong | Not tracked yet | Not tracked yet | Not tracked yet | Not tracked yet |
Cash paid for property and equipment
Events
- Sep 18, 2026ComputeAnthropic and Akamai cloud capacity contractsAnthropic ↔ Akamaiabout $11.6BSigned 8-K ↗
- Sep 8, 2026RoundMistral AI Series DMistral AI€3Bat more than €21B postClosed Mistral AI ↗
- Aug 25, 2026ComputeAnthropic and Nscale GPU services agreementsAnthropic ↔ Nscaleup to about $44.6BSigned S-1 ↗
- Aug 17, 2026LeaseOpenAI and SB Energy 20-year leases at the PORTS-Pike campusOpenAI ↔ SB Energy≈8 GWSigned S-1 ↗
- Aug 14, 2026M&ASpaceX acquires CursorSpaceX ↔ Cursor$60BCompleted 8-K ↗
- Jul 6, 2026LeaseAnthropic and TeraWulf 20-year data-center leaseAnthropic ↔ TeraWulfabout $19BSigned 8-K ↗
- Jun 26, 2026DebtSpaceX $25 billion senior notes offeringSpaceX$25BClosed 8-K ↗
- Jun 15, 2026IPOSpaceX initial public offeringSpaceX$86.25BCompleted 424B4 ↗
- May 28, 2026RoundAnthropic Series HAnthropic$65Bat $965B postClosed Anthropic ↗
- Apr 20, 2026ComputeAnthropic and Amazon compute agreement and investmentAnthropic ↔ Amazonmore than $100BSigned Anthropic ↗
- Apr 6, 2026ComputeBroadcom, Google and Anthropic expand their TPU collaborationAnthropic ↔ Broadcom≈3.5 GWSigned 8-K ↗
- Mar 31, 2026RoundOpenAI funding round (March 2026)OpenAI$122Bat $852B postClosed OpenAI ↗
- Feb 27, 2026RoundOpenAI investment from SoftBank, NVIDIA and Amazon (February 2026)OpenAI$110Bcounted in a later eventAnnounced OpenAI ↗
- Feb 12, 2026RoundAnthropic Series GAnthropic$30Bat $380B postClosed Anthropic ↗
- Feb 2, 2026M&ASpaceX completes its acquisition of xAISpaceX ↔ xAINo amount stated in the sourceCompleted 10-Q ↗
- Jan 6, 2026RoundxAI Series ExAI$20BClosed xAI ↗
- Dec 24, 2025ComputeOpenAI and Cerebras inference compute agreementOpenAI ↔ Cerebrasmore than $20BSigned 424B4 ↗
- Nov 18, 2025ComputeMicrosoft, NVIDIA and Anthropic strategic partnershipsAnthropic ↔ Microsoft$30BAnnounced Anthropic ↗
- Sep 23, 2025ComputeOpenAI and CoreWeave order form for cloud capacityOpenAI ↔ CoreWeaveup to about $6.5BSigned 8-K ↗
- Sep 22, 2025ComputeOpenAI and NVIDIA systems partnership (letter of intent)OpenAI ↔ NVIDIAup to $100BAnnounced OpenAI ↗
- Sep 9, 2025RoundMistral AI Series CMistral AI€1.7Bat €11.7B postClosed Mistral AI ↗
- Sep 2, 2025RoundAnthropic Series FAnthropic$13Bat $183B postClosed Anthropic ↗
- Mar 31, 2025RoundOpenAI funding round (March 2025)OpenAI$40Bat $300B postSigned OpenAI ↗
- Mar 3, 2025RoundAnthropic Series EAnthropic$3.5Bat $61.5B postClosed Anthropic ↗
- Dec 23, 2024RoundxAI Series CxAI$6BClosed xAI ↗
- Oct 3, 2024DebtOpenAI revolving credit facility (October 2024)OpenAI$4Bcounted in a later eventClosed OpenAI ↗
- Oct 2, 2024RoundOpenAI funding round (October 2024)OpenAI$6.6Bat $157B postClosed OpenAI ↗
- May 26, 2024RoundxAI Series BxAI$6BAnnounced xAI ↗