Movers

• SambaNova +358.3% ($2.4B → $11B)
• Cohere +185.7% ($7B → $20B)
• Helsing +50.0% ($12B → $18B)
• Databricks +41.8% ($134B → $190B)
• Tempus AI +31.9% ($10.65B → $14.04B)
• Nuro -30.2% ($8.6B → $6B)
• Biren -27.2% ($17.23B → $12.54B)
• Tenstorrent -15.8% ($3.2B → $2.693B)
• CoreWeave -8.6% ($49.08B → $44.87B)
• IBM -5.6% ($229.2B → $216.3B)

New on the map

Modular, SpaceX, Anew Labs, Upscale AI — each passed the two gates: a sourced valuation ≥ $100M and at least one mappable relationship.

Acquisitions

Cursor / Anysphere became a division of SpaceX; xAI became a division of SpaceX.

Relationships

15 edges added, including: Qualcomm acquired Modular, NVIDIA invested in VAST Data, NVIDIA invested in Fireworks, Alphabet invested in Sierra, NVIDIA invested in Legora, Databricks invested in Replit.

Window: 2026-09-11 → 2026-09-19 · every figure links to a source on the map · by Han.

Movers

• OpenRouter +438.5% ($1.3B → $7B)
• Cognition +370.6% ($10.2B → $48B)
• Hugging Face +187.3% ($4.5B → $12.93B)
• Fluidstack +140.0% ($7.5B → $18B)
• Suno +112.6% ($2.54B → $5.4B)
• Canva -52.3% ($65B → $31B)
• Groq -49.3% ($6.9B → $3.5B)
• Moore Threads -31.1% ($36.43B → $25.11B)
• Zhipu / Z.ai -26.2% ($63.84B → $47.08B)
• MiniMax -25.3% ($16.1B → $12.02B)

New on the map

Stripe, Enflame, Gimlet Labs, Higgsfield — each passed the two gates: a sourced valuation ≥ $100M and at least one mappable relationship.

Relationships

20 edges added, including: Tencent invested in Lovable, Samsung invested in Mistral, NVIDIA acquired Hugging Face, NVIDIA invested in Poolside, Nscale invested in Figure AI, Arm invested in Gimlet Labs.

Window: 2026-09-04 → 2026-09-12 · every figure links to a source on the map · by Han.

Movers

• MiniMax +15.0% ($14B → $16.1B)
• Cerebras +12.5% ($44.35B → $49.9B)
• Micron +8.7% ($1.06T → $1.15T)
• Meta +8.0% ($1.45T → $1.57T)
• Oracle +4.5% ($437.7B → $457.4B)
• Horizon Robotics -22.0% ($8.867B → $6.914B)
• Figma -21.2% ($16.32B → $12.86B)
• Cadence -15.8% ($95.71B → $80.61B)
• Synopsys -15.3% ($89.09B → $75.47B)
• Unitree -9.7% ($35.44B → $32.01B)

Window: 2026-08-28 → 2026-09-05 · every figure links to a source on the map · by Han.

Movers

• Synopsys +11.3% ($76.18B → $84.82B)
• Cadence +6.7% ($87.86B → $93.74B)
• Microsoft +6.3% ($3.59T → $3.81T)
• Figma +6.3% ($14.45B → $15.36B)
• Meta +5.1% ($1.40T → $1.47T)
• MiniMax -13.5% ($15.47B → $13.38B)
• Tempus AI -11.9% ($13.12B → $11.55B)
• Unitree -9.5% ($38.9B → $35.21B)
• Cerebras -8.7% ($46.59B → $42.54B)
• Marvell -8.5% ($212.8B → $194.7B)

Relationships

1 edges added, including: Tencent invested in Manus / Butterfly Effect.

Window: 2026-08-21 → 2026-08-29 · every figure links to a source on the map · by Han.

Movers

• Unitree +330.3% ($9.04B → $38.9B)
• Tempus AI +33.9% ($9.796B → $13.12B)
• SK Hynix +11.1% ($797.4B → $886.1B)
• Samsung +7.5% ($1.24T → $1.33T)
• SMIC +7.4% ($73.7B → $79.17B)
• CoreWeave -17.3% ($58.62B → $48.45B)
• Zhipu / Z.ai -14.2% ($78.15B → $67.06B)
• Nebius -14.1% ($69.33B → $59.57B)
• Intel -13.9% ($549.4B → $473.3B)
• Amkor -13.0% ($14.35B → $12.49B)

New on the map

DeepL, HeyGen, Moore Threads, Ambience, Speak, AlphaSense, Wiz, Sakana AI, Deepgram — each passed the two gates: a sourced valuation ≥ $100M and at least one mappable relationship.

Relationships

11 edges added, including: OpenAI invested in Ambience, OpenAI invested in Speak, Alphabet invested in AlphaSense, Alphabet acquired Wiz, NVIDIA invested in Sakana AI.

Window: 2026-08-13 → 2026-08-21 · every figure links to a source on the map · by Han.

Movers

• StepFun +100.0% ($5B → $10B)
• Nebius +56.6% ($48.21B → $75.49B)
• Unitree +53.2% ($5.9B → $9.04B)
• CoreWeave +24.7% ($46.55B → $58.05B)
• Samsung +17.7% ($1.08T → $1.27T)
• Tencent -8.1% ($549.9B → $505.2B)
• SenseTime -7.6% ($7.851B → $7.252B)
• Broadcom -6.6% ($2.00T → $1.87T)
• Cambricon -6.3% ($108.8B → $102B)
• Baidu -5.9% ($37.05B → $34.85B)

Relationships

2 edges added.

Window: 2026-08-07 → 2026-08-14 · every figure links to a source on the map · by Han.

Movers

• Etched +106.0% ($5B → $10.3B)
• ByteDance +83.3% ($300B → $550B)
• NEAR +75.0% ($1.2B → $2.1B)
• MiniMax +67.0% ($8.7B → $14.53B)
• Clay +61.3% ($3.1B → $5B)
• Rad AI -65.0% ($1.5B → $525M)
• Zhipu / Z.ai -28.5% ($103.5B → $73.96B)
• Black Forest Labs -18.8% ($4B → $3.25B)
• SK Hynix -18.2% ($876.9B → $717.2B)
• 1X -18.0% ($1B → $820M)

New on the map

Cloudflare, Figma, SenseTime, iFlytek, Tempus AI, Horizon Robotics, Fal, Manus / Butterfly Effect, Saronic, Vultr, Gamma, d-Matrix, Pony.ai, Fluidstack, Ayar Labs, Apptronik, FuriosaAI, Rebellions — each passed the two gates: a sourced valuation ≥ $100M and at least one mappable relationship.

Acquisitions

Weights & Biases became a division of CoreWeave; Replicate became a division of Cloudflare; Celestial AI became a division of Marvell.

Relationships

84 edges added, including: Marvell acquired Celestial AI, Cloudflare acquired Replicate, NVIDIA invested in Black Forest Labs, Canva invested in Black Forest Labs, Alphabet invested in AI21, NVIDIA invested in AI21.

Window: 2026-07-27 → 2026-08-07 · every figure links to a source on the map · by Han.

Movers

• Etched +106.0% ($5B → $10.3B)
• ByteDance +83.3% ($300B → $550B)
• NEAR +75.0% ($1.2B → $2.1B)
• Clay +61.3% ($3.1B → $5B)
• CoreWeave +30.5% ($38.26B → $49.92B)
• Rad AI -65.0% ($1.5B → $525M)
• Zhipu / Z.ai -40.3% ($103.5B → $61.8B)
• Black Forest Labs -18.8% ($4B → $3.25B)
• 1X -18.0% ($1B → $820M)
• Unitree -15.7% ($7B → $5.9B)

New on the map

Cloudflare, Figma, SenseTime, iFlytek, Tempus AI, Horizon Robotics, Fal, Manus / Butterfly Effect, Saronic, Vultr, Gamma, d-Matrix, Pony.ai, Fluidstack, Ayar Labs, Apptronik, FuriosaAI, Rebellions — each passed the two gates: a sourced valuation ≥ $100M and at least one mappable relationship.

Acquisitions

Weights & Biases became a division of CoreWeave; Replicate became a division of Cloudflare; Celestial AI became a division of Marvell.

Relationships

84 edges added, including: Marvell acquired Celestial AI, Cloudflare acquired Replicate, NVIDIA invested in Black Forest Labs, Canva invested in Black Forest Labs, Alphabet invested in AI21, NVIDIA invested in AI21.

Window: 2026-07-27 → 2026-08-05 · every figure links to a source on the map · by Han.