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Every company on the map with its valuation, how sure we are of it, the date it refers to, and the citation that states it. Click a source to read it; click a column to sort. Divisions carry no valuation of their own.

CompanyLayerValuationConfidenceAs ofSource for the valuationSignalSource for the signal
NVIDIAAI silicon$5.22Tverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27the substrate-
MicrosoftCloud & hyperscalers$3.95Tverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27Azure AI-
AlphabetCloud & hyperscalers$3.87Tverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27Vertex AI-
AmazonCloud & hyperscalers$2.69Tverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27Bedrock-
TSMCSemi supply chain$2.20Tverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27leading-edge foundry-
SpaceXFoundation model labs$2.00Tverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27SPCX-
MetaCloud & hyperscalers$1.61Tverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27capex giant-
BroadcomAI silicon$1.57Tverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27custom ASIC-
SamsungSemi supply chain$1.10Tverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27memory + foundry-
MicronSemi supply chain$1.02Tverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27HBM-
AnthropicFoundation model labs$965Bverified2026-05-28Anthropic, $65B Series H at a $965B post-money valuation, led by Altimeter, Dragoneer, Greenoaks and Sequoia (company announcement)anthropic.com · 2026-05-28$65B ARRBloomberg, Anthropic's Annualized Revenue Tops $65 Billion Before IPOnews.bgov.com · 2026-08-18
AMDAI silicon$867Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27Instinct MI-
OpenAIFoundation model labs$852Bverified2026-03-31OpenAI, $122B raised at an $852B post-money valuation; SoftBank co-led, Amazon $50B, NVIDIA and SoftBank $30B each (company announcement)openai.com · 2026-03-31~$50B ARRBloomberg (relaying the FT), OpenAI's Revenue Run Rate Nears $50 Billion, Less Than Reportednews.bgov.com · 2026-10-08
SK HynixSemi supply chain$755Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27HBM leader-
ASMLSemi supply chain$613Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27EUV monopoly-
ByteDanceFoundation model labs$550Breported2026-02-15PYMNTS/The Information, General Atlantic stake sale at $550B (Feb 2026); prior marks $480B (Nov 2025), $330B (Aug 2025)pymnts.com · 2026-02-15Doubao · CN-
IntelAI silicon$478Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27TDX · foundry-
PalantirApplications$478Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27public-
TencentFoundation model labs$444Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27Hunyuan · CN-
CXMTSemi supply chain$434Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27DRAM · 688825-
OracleCloud & hyperscalers$382Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27OCI-
Applied MaterialsSemi supply chain$308Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27deposition-
Lam ResearchSemi supply chain$297Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27etch-
Alibaba / QwenFoundation model labs$249Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27Qwen · CN-
IBMCloud & hyperscalers$240Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27watsonx-
ArmAI silicon$239Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27IP licensing-
MarvellAI silicon$210Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27interconnect-
HuaweiCloud & hyperscalers$200Bunsourced2026-07no source yetAscend stack · CN-
KLASemi supply chain$195Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27inspection-
QualcommAI silicon$192Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27edge AI-
DatabricksData & training$190Bverified2026-08-13Reuters (via The Star), AI firm Databricks valued at $190 billion as it bags $5 billion in funding (Databricks said)thestar.com.my · 2026-08-13data + AI-
StripeGateways & routers$159Breported2026-02-24CNBC, Stripe valued at $159B in tender offer for employees and shareholderscnbc.com · 2026-02-24bought OpenRouter-
Tokyo ElectronSemi supply chain$137Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27equipment-
WaymoPhysical AI · robotics$126Bverified2026-02-02Waymo, $16B investment round at a $126B valuation led by Sequoia, DST Global and Dragoneer, with Alphabet as majority investor (company blog)waymo.com · 2026-02-02robotaxi-
SnowflakeData & training$118Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27public-
CloudflareCloud & hyperscalers$118Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27Workers AI-
CambriconAI silicon$91.3Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27CN accelerator-
CadenceSemi supply chain$88.7Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27EDA-
SynopsysSemi supply chain$87.1Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27EDA-
AndurilApplications$61Bverified2026-05-13Anduril newsroom, Anduril announces a $5B Series H raise led by Thrive Capital and Andreessen Horowitz, valuing the company at $61Banduril.com · 2026-05-13defense-
RampApplications$60Bverified2026-10-15Ramp Reaches $60 Billion Valuation as Annualized Revenue Tops $2 Billion - $1.85B led by Dragoneer, with Thrive Capital, Founders Fund, Sands Capital and Avenir Growth co-leading (company release)prnewswire.com · 2026-10-15fintech-
NauraSemi supply chain$56.4Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27CN equipment-
DeepSeekFoundation model labs$51.8Breported2026-07-16Reuters, Chinese filing implies DeepSeek valuation of around $52 billion (Anhui Korrun disclosed a fund's RMB2.9B for an indirect 0.8265% stake, implying RMB350.88B / $51.82B for the first external round)investing.com · 2026-07-16raising · CN-
SMICSemi supply chain$50.1Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27CN foundry-
Moonshot AIFoundation model labs$50Breported2026-10-06Bloomberg, Moonshot Said to Eye Early 2027 IPO After Value Hits $50 Billion (final private round closed at about $50B; up from $31.5B earlier in the summer)bloomberg.com · 2026-10-06Kimi · $1B ARR-
CognitionAgents & dev tools$48Bverified2026-09-08Cognition has raised over $2B at a $48B valuationcognition.com · 2026-09-08Devin-
Astera LabsAI silicon$45Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27connectivity-
NebiusGPU neoclouds$41.7Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27+454% YoY revNebius 6-K exhibit, Letter to shareholders Q2 2026 (revenue up 454% year-over-year)sec.gov · 2026-08-12
UnitreePhysical AI · robotics$40.8Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27robots · 688836-
Figure AIPhysical AI · robotics$39Bverified2025-09-16Figure exceeds $1B in Series C funding at $39B post-money valuation (led by Parkway Venture Capital; NVIDIA, Intel Capital, Microsoft, Brookfield and the OpenAI Startup Fund participating)figure.ai · 2025-09-16humanoid-
Safe SuperintelligenceFoundation model labs$32Breported2025-04-12TechCrunch (relaying the FT), OpenAI co-founder Ilya Sutskever's Safe Superintelligence reportedly valued at $32B on a $2B round led by Greenoaks, with a16z, Lightspeed, DST, Alphabet and NVIDIAtechcrunch.com · 2025-04-12Sutskever-
Zhipu / Z.aiFoundation model labs$31.4Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27HK listed · CN-
CanvaApplications$31Breported2026-08-14AFR via Capital Brief, Blackbird and Airtree cut their Canva mark 17% to $34.9B; the independent valuation setting Canva's annual employee share issuance fell from $38.9B to $31Bcapitalbrief.com · 2026-08-14design · marked down-
CrusoeGPU neoclouds$30.9Bverified2026-09-17Crusoe newsroom, Crusoe raises $3.9B Series F at a $30.9B post-money valuation, co-led by Atreides Management, Mubadala Capital and Valor Equity Partners (NVIDIA, Founders Fund, GIC, QIA, Radical and TPG participating)crusoe.ai · 2026-09-17energy-first-
CoreWeaveGPU neoclouds$30.4Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27$104B backlogCoreWeave Reports Strong Second Quarter 2026 Results (revenue backlog approximately $104 billion)investors.coreweave.com · 2026-08-11
VAST DataData & training$30Bverified2026-04-22VAST Data, $1B Series F at a $30B valuation led by Drive Capital and Access Industries, with NVIDIA, Fidelity and NEA participating (company press release)vastdata.com · 2026-04-22AI storage-
Scale AIData & training$29Breported2025-06-12CNBC, Scale AI's Alexandr Wang confirms departure for Meta as part of $14.3 billion deal. The ~$29B is IMPLIED by $14.3B for 49% non-voting - Scale has never priced a round at itcnbc.com · 2025-06-12Meta-backed-
EnflameAI silicon$28.5Bverified2026-10-27Market capitalisation, Tencent quote service (refreshed every weekday; Yahoo does not list it yet)gu.qq.com · 2026-10-27GPGPU · 688801-
Moore ThreadsAI silicon$26.6Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27GPU · 688795-
BaiduFoundation model labs$26.5Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27ERNIE · CN-
CerebrasInference & serving$25.7Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27IPO 2026-
GlobalFoundriesSemi supply chain$25.1Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27TSMC interposers-
Reflection AIFoundation model labs$25Bverified2026-04-23Reflection AI news / CNBC Squawk Box, CEO confirms $2.5B round closed at $25B pre-moneyreflection.ai · 2026-04-23open frontier-
MistralFoundation model labs$24.4Bverified2026-09-08Mistral AI, EUR3B Series D at EUR21B (~$24.4B) post led by Samsung Electronics, EQT Scaleup Europe Fund and PSG Equity (company-announced)techcrunch.com · 2026-09-08$400M ARR · FRiTiger (relaying the FT), Mistral's Annual Recurring Revenue Surpasses $400 Millionitiger.com · 2026-02-12
ElevenLabsApplications$22Bverified2026-09-30ElevenLabs reaches $22bn valuation after employee tender ($300M tender led by Wellington and T. Rowe Price; company blog)elevenlabs.io · 2026-09-30voice-
EtchedAI silicon$21Bverified2026-08-18Etched, $700M at $21B led by Jane Street; first customer delivery to Jane Street (company release)globenewswire.com · 2026-08-18transformer ASIC-
PerplexityApplications$20Breported2025-09-10TechCrunch (relaying The Information), Perplexity reportedly raised $200M at a $20B valuation; not confirmed by the companytechcrunch.com · 2025-09-10$750M+ ARROutlook Business (relaying The Information), Perplexity's annualised revenue climbed to more than $750 millionoutlookbusiness.com · 2026-08-24
CohereFoundation model labs$20Breported2026-09-16Cohere and Aleph Alpha sign a definitive combination agreement at a reported ~$20B valuation; dual HQ Berlin/Toronto, subject to regulatory approval, with Schwarz Group committing $600M to an upcoming Cohere Series Esiliconangle.com · 2026-09-16enterprise · CA-
HelsingApplications$18Bverified2026-07-13Helsing, $1.8B Series E at an $18B valuation - Europe's largest defence-tech round (company newsroom)helsing.ai · 2026-07-13defense · EU-
FluidstackGPU neoclouds$18Breported2026-09-03Forbes, Fluidstack raises $1.5B led by Jane Street at $18B (Sep 2026); corroborated by Crunchbase News Sep 4 - no company release yetforbes.com · 2026-09-03$50B Anthropic build-
FireworksInference & serving$17.5Bverified2026-07-16Fireworks, $1.505B Series D at a $17.5B post led by Atreides Management, Index Ventures and TCV, with NVIDIA, Lightspeed and Evantic participatingfireworks.ai · 2026-07-16$1B+ ARR-
SierraAgents & dev tools$15.8Breported2026-05-04TechCrunch, Sierra raises $950M as the race to own enterprise AI gets serious (Series E at a $15.8B post, led by Tiger Global and GV)techcrunch.com · 2026-05-04CX agents-
HarveyApplications$15.5Bverified2026-09-09Harvey, $550M at a $15.5B valuation co-led by Lightspeed and Diffusion, with Sapphire and Whale Rock (company blog)harvey.ai · 2026-09-09~$400M ARRLawSites, Harvey Raises Another $550M At A $15.5B Valuation (crossed $400 million in ARR, per the company)lawnext.com · 2026-09-09
OpenEvidenceApplications$15Breported2026-09-25Axios Pro, OpenEvidence reportedly raises $250M at $15B valuation (Byers Capital and Andreessen Horowitz)axios.com · 2026-09-25clinical search-
Applied IntuitionPhysical AI · robotics$15Bverified2025-06-17Applied Intuition closes a $600M Series F and tender offer at a $15B valuation, co-led by BlackRock-managed funds and Kleiner Perkins (company release)prnewswire.com · 2025-06-17AV software-
NscaleGPU neoclouds$14.6Bverified2026-03-09Nscale, $2B Series C at $14.6B led by Aker ASA and 8090 Industries; NVIDIA, Dell, Lenovo, Jane Street, Citadel, Nokia and Point72 participating (company release)nscale.com · 2026-03-09$2B Series C-
AkamaiCloud & hyperscalers$14.2Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27Anthropic CPU cloud-
Skild AIPhysical AI · robotics$14Bverified2026-01-14Skild AI, $1.4B Series C led by SoftBank at a valuation above $14B, with NVIDIA, Samsung, Macquarie and 1789 Capital (company announcement)businesswire.com · 2026-01-14robot brain-
iFlytekFoundation model labs$14Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27Spark · CN-
LovableAgents & dev tools$13.3Bverified2026-08-12Lovable, $400M Series C at $13.3B led by Menlo Ventures and EQT Scaleup Europe Fund; Tencent among new investorslovable.dev · 2026-08-12vibe coding-
Grammarly/SuperhumanApplications$13Breported2021-11-17TechCrunch, Grammarly raises $200M at a $13B valuation (last equity mark; the May 2025 $1B from General Catalyst was non-dilutive and set no new price)techcrunch.com · 2021-11-17writing-
BasetenInference & serving$13Bverified2026-06-22Baseten, $1.5B Series F at $13B led by Altimeter, Conviction and Spark, co-led by Sands Capital and Wellington (company release)businesswire.com · 2026-06-22~20x YoY revPulse 2.0, Baseten Raises $1.5 Billion Series F (revenue grown approximately 20x year-over-year, per the company)pulse2.com · 2026-06-22
Shield AIApplications$12.7Bverified2026-03-26Shield AI, $1.5B Series G at a $12.7B post led by Advent International, co-led by JPMorganChase's Strategic Investment Group, plus $500M preferred from Blackstoneshield.ai · 2026-03-26autonomy-
FigmaApplications$12.5Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27design AI-
Tempus AIApplications$12.2Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27health data-
CyeraApplications$12Bverified2026-06-10Cyera, $600M at $12B valuation led by Evolution Equity Partnerscyera.com · 2026-06-10data security-
PoolsideAgents & dev tools$12Breported2026-08-20Bloomberg via Newcomer, NVIDIA pays $6B to license Poolside Model Factory and invests $1B at a $12B pre-money (Aug 2026); ~100 engineers move to NVIDIAbloomberg.com · 2026-08-20code models-
Thinking MachinesFoundation model labs$12Bverified2025-07-15TechCrunch, Thinking Machines Lab closes $2B seed at $12B led by Andreessen Horowitz, with NVIDIA, AMD, Accel, Cisco, ServiceNow and Jane Streettechcrunch.com · 2025-07-15Murati lab-
Hugging FaceData & training$11.9Breported2026-09-03NVIDIA 8-K: agreement to acquire Hugging Face for ~$11.9B cash plus up to ~$1.0B retention equity, signed Sep 2 2026, close expected H1 2027 pending regulatory approvalsec.gov · 2026-09-03model hub-
NotionApplications$11Breported2026-01-26Sacra/CB Insights, $11B employee tender offer (Jan 2026); S-1 filed Feb 2026sacra.com · 2026-01-26workspace-
SambaNovaInference & serving$11Bverified2026-07-08SambaNova press release, SambaNova completes first close of $1B financing at an $11B post-money valuation, led by General Atlantic (Intel Capital, BlackRock, QIA, T. Rowe Price, Capital Group and Vista participating)sambanova.ai · 2026-07-08$11B Series FSambaNova press release, SambaNova completes first close of $1B financing at an $11B post-money valuation, led by General Atlantic (Intel Capital, BlackRock, QIA, T. Rowe Price, Capital Group and Vista participating)sambanova.ai · 2026-07-08
SupabaseAgents & dev tools$10.5Breported2026-06-04Supabase, $500M Series F at a $10.5B post-money led by GIC, with Accel, Y Combinator, Craft, Felicis, Peak XV and Coatue following, Stripe investing a second time and Salesforce Ventures new (deal counsel Orrick's announcement; no company release with the figure surfaced)orrick.com · 2026-06-04agent databases-
FirmusGPU neoclouds$10.5Breported2026-08-07Firmus announces fully subscribed USD$2 billion strategic equity investment to accelerate NVIDIA AI Factory expansion across Australia and Asia-Pacific - follow-on from Coatue and NVIDIA, new investment from Blackstone Tactical Opportunities and other Blackstone funds, with Jane Street. The release does NOT state the post-moneyfirmus.co · 2026-08-07Project Southgate-
IRENGPU neoclouds$10.3Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27$9.7B Microsoft contract-
StepFunFoundation model labs$10Breported2026-05-09Yicai, $2.5B pre-IPO round closed at $10B post-money (May 2026); HK IPO filed Jun 2026 seeking $10-12B, not yet listedyicaiglobal.com · 2026-05-09multimodal · CN-
MercorData & training$10Breported2025-10-27TechCrunch, Mercor quintuples valuation to $10B with $350M Series C led by Felicis (company confirmed)techcrunch.com · 2025-10-27expert data-
InstinctAgents & dev tools$10Breported2026-09-28TechCrunch, Instinct raises $1B Series C at a $10B valuation led by Sequoia, Benchmark and Coatuetechcrunch.com · 2026-09-28invite-only-
VercelAgents & dev tools$9.3Bverified2025-09-30Vercel, $300M Series F co-led by Accel and GIC at a $9.3B post-money valuation (company blog)vercel.com · 2025-09-30AI Gateway-
SaronicApplications$9.25Bverified2026-03-31PRNewswire, Saronic $1.75B Series D at $9.25B led by Kleiner Perkinsprnewswire.com · 2026-03-31defense · maritime-
AmkorSemi supply chain$9.15Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27packaging-
ReplitAgents & dev tools$9Bverified2026-03-11Replit, $400M at a $9B valuation led by Georgian, with Coatue, a16z, Y Combinator and Databricks Ventures (company announcement)replit.com · 2026-03-11agent IDE-
LegoraApplications$8.8Bverified2026-10-21Legora raises $550 million Series E at $8.8 billion valuationlegora.com · 2026-10-21legal AI-
WayvePhysical AI · robotics$8.6Bverified2026-02-25CNBC, Nvidia, Microsoft back self-driving firm Wayve as it hits $8.6 billion valuation ($1.2B Series D led by Eclipse, Balderton and SoftBank Vision Fund 2)cnbc.com · 2026-02-24embodied AV models-
Together AIInference & serving$8.3Bverified2026-07-01TechCrunch, Neocloud Together AI raises $800M, leaps to $8.3B valuation (the company announced)techcrunch.com · 2026-07-01$1.15B bookingsVerdict, Together AI secures $800m in Series C (annual bookings surpassed $1.15bn, per the company)verdict.co.uk · 2026-07-02
World LabsFoundation model labs$8.2Bverified2026-09-28AMD investor relations, AMD to Acquire World Labs to Advance the Future of AI Compute (all-stock, ~$8.2B; close expected end of 2026 subject to regulatory approval) (all-stock transaction valued at approximately $8.2 billion)ir.amd.com · 2026-09-28AMD · $8.2BAMD investor relations, AMD to Acquire World Labs to Advance the Future of AI Compute (all-stock, ~$8.2B; close expected end of 2026 subject to regulatory approval) (all-stock transaction valued at approximately $8.2 billion)ir.amd.com · 2026-09-28
BirenAI silicon$7.85Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27CN GPU · 6082-
Hut 8GPU neoclouds$7.76Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27Google-backstopped landlord-
MiniMaxFoundation model labs$7.75Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27HK listed · CN-
Horizon RoboticsAI silicon$7.75Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27auto AI · CN-
AlphaSenseApplications$7.5Bverified2026-06-03AlphaSense press, $350M at $7.5B led by Vitruvian/Accenture/JPMAM; $600M ARR; CapitalG among investorsglobenewswire.com · 2026-06-03$600M ARRAlphaSense press, $350M at $7.5B led by Vitruvian/Accenture/JPMAM; $600M ARR; CapitalG among investorsglobenewswire.com · 2026-06-03
TypeSafe AIFoundation model labs$7.5Breported2026-10-09Bloomberg (via Techmeme), Jev developer TypeSafe AI raised ~$870M led by a16z at a $7.5B valuation, with Sequoia and angel investors also participatingtechmeme.com · 2026-10-09Jev · decision model-
GleanApplications$7.2Bverified2025-06-10Glean press release, Glean raises $150M Series F at a $7.2B valuation, led by Wellington Managementglean.com · 2025-06-10enterprise search-
ClayApplications$7.1Bverified2026-09-09Clay, $115M Series D at $7.1B led by Wellington Management, with Sequoia, a16z, CapitalG, DST and StepStone (company announcement)ca.finance.yahoo.com · 2026-09-09GTM data-
OpenRouterGateways & routers$7Breported2026-08-19Bloomberg, Stripe finalizes deal to acquire OpenRouter for over $7 billionbloomberg.com · 2026-08-1610T+ tok/dayOpenRouter is Joining Stripe (10+ trillion tokens per day; 10T)openrouter.ai · 2026-08-19
NEURA RoboticsPhysical AI · robotics$7Breported2026-06-10CNBC, humanoid robotics company raises up to $1.4 billion from Nvidia, Amazon and others - people familiar put the valuation at about $7B, which NEURA did not confirmcnbc.com · 2026-06-10cognitive robots-
TenstorrentAI silicon$6.2Bverified2026-10-19Tenstorrent newsroom (company release), Tenstorrent Announces a $1.5B Series E at a $6.2B valuation - led by Trace Capital and Innovation X, with ARK Invest, Fidelity, Morgan Stanley, Sandisk and Tether Investments participatingtenstorrent.com · 2026-10-19RISC-V AI-
SenseTimeFoundation model labs$6.16Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27SenseNova · CN-
NuroPhysical AI · robotics$6Bverified2025-08-22Nuro, Series E financing at a $6B valuation (company blog)nuro.ai · 2025-04delivery AV-
Flapping AirplanesFoundation model labs$6Breported2026-10-21Bloomberg, AI research startup Flapping Airplanes valued at $6 billion in round - $1B Series A co-led by Index Ventures and Lux Capitalbloomberg.com · 2026-10-21pre-product-
TeraWulfGPU neoclouds$5.98Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27$19B Anthropic lease-
LambdaGPU neoclouds$5.9Breported2025-11-18Forge Global secondary-market data, Lambda post-money valuation $5.9B as of November 2025 (the only source for the figure; no primary states it)forgeglobal.com · 2025-11-18AI Factory-
Physical IntelligencePhysical AI · robotics$5.6Breported2025-11-20Bloomberg, Robotics Startup Physical Intelligence Valued at $5.6 Billion in New Funding ($600M round led by Alphabet's CapitalG, with Bezos, Thrive, Lux, Index and T. Rowe Price) - the latest round the company has closedbloomberg.com · 2025-11-20robot FM-
LumilensAI silicon$5.51Breported2026-08-06SiliconANGLE, Optical networking startup Lumilens launches with $900M in funding - the $700M Series C valued it at $5.51Bsiliconangle.com · 2026-08-06co-packaged optics-
ApptronikPhysical AI · robotics$5.5Breported2026-02-11Bloomberg, Apptronik $520M at >$5.5B led by Google and Mercedes-Benzbloomberg.com · 2026-02-11Apollo humanoid-
SunoApplications$5.4Bverified2026-06-03Suno (company blog), The Next Chapter for Suno (Series D at a $5.4 billion post-money valuation)blog.suno.com · 2026-06-03music gen-
HiggsfieldApplications$5.4Bverified2026-08-17Higgsfield, $400M Series B at $5.4B led by DST Global, Intel Capital among participants (company release)prnewswire.com · 2026-08-17$1B ARR · video-
Applied DigitalGPU neoclouds$5.39Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27CoreWeave's landlord-
AbridgeApplications$5.3Bverified2025-06-23Abridge secures a $300M Series E led by a16z, with Khosla Ventures, at a $5.3B valuation (company blog)abridge.com · 2025-06-23clinical notes-
RunwayApplications$5.3Breported2026-02-10TechCrunch, Runway $315M Series E at $5.3B led by General Atlantictechcrunch.com · 2026-02-10video gen-
AbnormalApplications$5.1Bverified2024-08-06Abnormal Security Announces $250 Million Series D Financing at a $5.1 Billion Valuationabnormal.ai · 2024-08-06email security-
ClioApplications$5Bverified2025-11-10Clio press release, Clio completes landmark $1B vLex acquisition and announces a $500M Series G at a $5B valuation, led by NEA (TCV, Goldman Sachs Asset Management, Sixth Street Growth and JMI participating)clio.com · 2025-11-10legal practice-
Ayar LabsAI silicon$5Breported2026-09-10SiliconANGLE, Ayar Labs adds $150M to its Series E; a $225M secondary led by Antero Peak Group prices it above $5Bsiliconangle.com · 2026-09-10co-packaged optics-
PositronAI silicon$5Bverified2026-09-10Positron AI, $875M at a $5B post-money - a $375M Series C at a $3.5B pre co-led by NEA, Atreides, Valor, Andra and SemiAnalysis Capital, plus a Series C-1 of up to $500M led by NEA and Jim Clark (company release)prnewswire.com · 2026-09-10memory-first inference-
FactoryAgents & dev tools$5Bverified2026-09-15Factory raises $200M at $5B valuation - $200M round taking total funding past $400M, from Blackstone, Khosla Ventures, Sequoia, Insight Partners, Evantic, Sound Ventures, NEA, Mantis and Clearlake (company announcement by Matan Grinberg and Eno Reyes)factory.com · 2026-09-15Droids-
DecagonAgents & dev tools$4.5Bverified2026-01-27Decagon's $250 million commitment to the AI concierge future (valuation $4.5 billion)decagon.ai · 2026-01-27support agents-
FalInference & serving$4.5Breported2025-12-15Fal $140M Series D at $4.5B led by Sequoia; Mar 2026 talks at ~$8B unclosedinvesting.com · 2025-12-15$800M ARRDigg (relaying The Information), Fal's annualized revenue doubled since March to $800 milliondigg.com · 2026-09-28
LightmatterAI silicon$4.4Bverified2024-10-16Businesswire, Lightmatter $400M Series D at $4.4B led by T. Rowe Pricebusinesswire.com · 2024-10-16photonics-
Core ScientificGPU neoclouds$4.32Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27CoreWeave landlord · CORZ-
SynthesiaApplications$4Bverified2026-01-26Synthesia raises $200 million Series E at $4 billion valuationsynthesia.io · 2026-01-26avatar video-
Luma AIApplications$4Breported2025-11-19CNBC, Luma AI raises $900 million in funding round led by Saudi AI firm Humain, at about a $4B valuation (the company release does not state the post-money)cnbc.com · 2025-11-193D · video-
Manus / Butterfly EffectAgents & dev tools$4Breported2026-10-08TechCrunch, China's Manus raises over $500M in first funding round since split with Meta (Boyu and IDG co-led; Tencent, HSG, ZhenFund following; valuation not disclosed by the company)techcrunch.com · 2026-10-08Claude-powered-
DecartInference & serving$4Breported2026-05-18JNS, Israeli AI firm Decart raises $300 million at $4 billion valuation - Series B led by Radical Ventures, NVIDIA joining as a new investorjns.org · 2026-05-19chip-portable inference-
Chai DiscoveryApplications$3.8Breported2026-07-14Endpoints News, Chai Discovery gets $400M, tripling valuation from seven months ago (the $3.8B post-money)endpoints.news · 2026-07-14molecule design-
Hippocratic AIApplications$3.5Bverified2025-11-03Hippocratic AI Raises $126M Series C at a $3.5 billion valuationhippocraticai.com · 2025-11-03health agents-
GroqInference & serving$3.5Bverified2026-08-17Groq Closes $350 million Series A (values the company at $3.5 billion)groq.com · 2026-08-17$3.5B, down 49%Groq Closes $350 million Series A (values the company at $3.5 billion)groq.com · 2026-08-17
VultrGPU neoclouds$3.5Bverified2024-12-18SiliconANGLE, AMD backs $333M funding round for cloud infrastructure provider Vultr (Vultr disclosed the $3.5B valuation)siliconangle.com · 2024-12-18AMD-backed-
Snorkel AIData & training$3.5Bverified2026-09-22Snorkel AI Raises $350M to Scale the Data Factory for Frontier AI - Series E co-led by Insight Partners and S32, with Addition, Lightspeed, Greylock and GV (company release) (raised $350 million at a valuation of $3.5B, per the company)prnewswire.com · 2026-09-22training data-
Black Forest LabsApplications$3.25Bverified2025-12-01TechCrunch, Black Forest Labs raises $300M Series B at $3.25Btechcrunch.com · 2025-12-01image gen-
PaleBlueDot AIGPU neoclouds$3.2Breported2026-10-01PaleBlueDot AI raises $200M Series C at $3.2B valuation, led by ComputeCore, to expand Super Intelligence computeunite.ai · 2026-10-01>$5B contracted-
Cipher DigitalGPU neoclouds$3.2Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27Amazon- and Google-backed landlord-
Gimlet LabsInference & serving$3Bverified2026-09-04Gimlet Labs, $300M Series B at $3B led by Andreessen Horowitz, Arm and Microsoft's M12 joining as new investors (company release)globenewswire.com · 2026-09-04multi-silicon-
Celero CommunicationsAI silicon$3Breported2026-09-08Orange County Business Journal, Celero Communications closes on $275M Series C - total funding $415M, valuing the company at more than $3Bocbj.com · 2026-09-102nm coherent DSP-
Pathos AIApplications$3Breported2026-10-23STAT News, AI drugmaker Pathos, in deal with Bristol, hits $3 billion valuationstatnews.com · 2026-10-23AI drug development-
Sakana AIFoundation model labs$2.65Bverified2025-11-17TechCrunch/Yahoo, $135M Series B at $2.65B (Nov 17, 2025); NVIDIA among investors since Series Afinance.yahoo.com · 2025-11-17JP frontier lab-
RebellionsAI silicon$2.34Bverified2026-03-30TechCrunch, Rebellions $400M pre-IPO at $2.34B led by Mirae Asset and Korea National Growth Fundtechcrunch.com · 2026-03-30NPU · KR-
FuriosaAIAI silicon$2.3Breported2026-07-01KoreaTechDesk/industry estimate ~KRW 3T (~$2.3B); $300-500M pre-IPO Series D in progresskoreatechdesk.com · 2026-07-01RNGD · KR-
TuringData & training$2.2Bverified2025-03-06Businesswire, Turing $111M Series E at $2.2B led by Khazanah Nasionalbusinesswire.com · 2025-03-06code data-
Pony.aiPhysical AI · robotics$2.2Bverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27robotaxi · CN-
NEARInference & serving$2.1Breported2026-08-01NEAR network token market cap (~$2.1B); AI Cloud is an ecosystem product with no separable equity markcoingecko.com · 2026-08-01TEE attested-
GammaApplications$2.1Bverified2025-11-10Businesswire, Gamma $68M Series B at $2.1B led by a16zbusinesswire.com · 2025-11-10$100M ARRThe Next Web, How Gamma built a profitable empire with 50 people (crossed $100 million in ARR)thenextweb.com · 2026-08-19
Infinigence AIGPU neoclouds$2.1Breported2026-10-01Bloomberg, Tencent-Backed AI Cloud Unicorn Said to File for Hong Kong IPO - valued at RMB14.3B (~$2.1B) ahead of the offering, backed by Tencent, Baidu and Z.AI; no company release and the IPO filing is confidential, so the figure is Bloomberg's reporting rather than a published post-moneybloomberg.com · 2026-10-01heterogeneous · CN-
d-MatrixAI silicon$2Bverified2025-11-12d-Matrix Raises $275 Million (valuing the company at $2 billion)d-matrix.ai · 2025-11-12in-memory inference-
DeepLApplications$2Bverified2024-05-22DeepL press release, DeepL announces $300M investment at a $2B valuation, led by Index Ventures (ICONIQ Growth and Teachers' Venture Growth new; IVP and Atomico following)deepl.com · 2024-05-22translation · DE-
Upscale AIAI silicon$2Breported2026-06-18Fortune (exclusive), Upscale AI wants to be the next Cisco - and it just raised another $190 million: the $2B post-moneyfortune.com · 2026-06-22AI networking-
Brahma AIApplications$2Bverified2026-09-23Prime Focus Limited, BSE/NSE disclosure: Prime Focus-backed Brahma AI raises $150 million at a $2 billion post-money valuation, led by Multiplesbseindia.com · 2026-09-23digital humans-
PixVerseApplications$2Breported2026-07-13TechCrunch, Video-generation startup PixVerse raises $439M, valuation soars past $2B (over 15 million monthly active users, per the company)techcrunch.com · 2026-07-1315M MAUTechCrunch, Video-generation startup PixVerse raises $439M, valuation soars past $2B (over 15 million monthly active users, per the company)techcrunch.com · 2026-07-13
FieldAIPhysical AI · robotics$2Breported2025-08-20CNBC, Nvidia, Bill Gates-backed robotics startup Field AI hits $2 billion valuation after recent raise (consecutive Series A and A1 totalling $405M, co-led by Bezos Expeditions, Prysm and Temasek)cnbc.com · 2025-08-20robot brains · $10B term sheetSiliconANGLE, Robotics AI developer FieldAI reportedly raising $700M in funding (term sheet signed at a $10B valuation; NOT closed)siliconangle.com · 2026-10-02
WriterApplications$1.9Bverified2024-11-12WRITER raises $200M Series C at $1.9B valuationwriter.com · 2024-11-12enterprise gen-
Bedrock RoboticsPhysical AI · robotics$1.75Breported2026-02-04Construction Dive, Bedrock Robotics raises $270M in red-hot AI sector - total funding past $350M at a $1.75B valuationconstructiondive.com · 2026-02-05autonomous earthmoving-
Anew LabsApplications$1.5Breported2026-09-16Reuters (via The Next Web), ByteDance completes a $290M first external round for AI drug unit Anew Labs at a ~$1.5B valuation, sources say; HSG, IDG Capital and GL Ventures led with 5Y Capital co-leading and ByteDance retaining 56%thenextweb.com · 2026-09-16AI drug discovery-
VinciSemi supply chain$1.5Bverified2026-10-06Reuters (wire copy), Software startup Vinci raises $250 million at a $1.5 billion valuation (Series B jointly led by Advent, Temasek and Xora, with AMD Ventures participating)wsau.com · 2026-10-06AI design simulation-
Nous ResearchAgents & dev tools$1.5Breported2026-10-07Wall Street Journal via TechCrunch/Dealroom, Nous Research raises $90M Series B at a $1.5B valuation led by Robot Ventures (NVIDIA, Microsoft's M12, Samsung Next, Union Square Ventures, Y Combinator and Menlo Ventures in; company announced the round but not the valuation)app.dealroom.co · 2026-10-07$36M ARR · MITAI Chief (relaying the WSJ), Nous Research Hits $1.5B Valuation ($36 million in annualized revenue)aichief.com · 2026-10-08
SiMa.aiAI silicon$1.45Bverified2026-09-28SiMa.ai press release, SiMa.ai Reaches $1.45B Valuation with $500 Million in Total Funding ($150M Series C co-led by Fidelity and Amplify, with Alter, Dell Technologies Capital, Maverick, +ND, Point72, StepStone, AllianceBernstein, Baron, J.P. Morgan and the State of Michigan)sima.ai · 2026-09-28physical AI silicon-
Eka RoboticsPhysical AI · robotics$1.45Breported2026-10-20TechCrunch, Eka is worth $1.45B thanks to a physical AI model that has experts raving - $150M Series A at a $1.45B post-moneytechcrunch.com · 2026-10-20vision-force-action-
Naive AIFoundation model labs$1.42Breported2026-09-18The Information, A Tsinghua professor's stealth LLM startup hits $1.4 billion valuation - $400M raised across three rounds from Tencent, IDG Capital and HSGtheinformation.com · 2026-09-18open-weight · CN-
AI21Foundation model labs$1.4Bverified2023-08-30AI21 blog, Series C at $1.4B (Aug 2023, extended to $208M) - the last completed raiseai21.com · 2023-08-30Israel-
DeepgramApplications$1.3Bverified2026-01-13Deepgram press release, Deepgram Raises $130M Series C at $1.3B Valuation to Power the Voice AI Economy (led by AVP)deepgram.com · 2026-01-13voice API-
LangChainAgents & dev tools$1.25Bverified2025-10-20LangChain blog, $125M Series B at $1.25B led by IVPlangchain.com · 2025-10-20agent framework-
AmbienceApplications$1.25Bverified2025-07-24Ambience press, $243M Series C at $1.25B co-led by Oak HC/FT and a16z; OpenAI Startup Fund participatingambiencehealthcare.com · 2025-07-24ambient scribe-
VeniceApplications$1Breported2026-07-18Motley Fool, reported $65M raise at $1B (Jul 2026); VVV token is not equityfool.com · 2026-07-18$100M ARRCrypto Briefing, Venice crosses $100M in annualized revenuecryptobriefing.com · 2026-08-17
DeepInfraInference & serving$1Bunsourced2026-05-04May 2026 $107M Series B (Nvidia, Samsung Next et al.) at UNDISCLOSED valuation; $1B is an estimatesiliconangle.com · 2026-05-045T tok/wk-
RunPodGPU neoclouds$1Bverified2026-06-24Runpod Raises $100M Led by Summit Partners (now valued at $1.0 billion)runpod.io · 2026-06-24spot GPUs-
VerdaGPU neoclouds$1Breported2026-09-22Bloomberg, AI cloud startup Verda raises $189M Series B led by Emergence Capital, with Supermicro, MUFG Innovation Partners, Varma and Lifeline Ventures; valued at more than $1B (no exact post-money disclosed)bloomberg.com · 2026-09-22$165M ARRVerda raises $189M to advance its AI cloud ($165 million annualised revenue run rate in July)tech.eu · 2026-09-22
SpeakApplications$1Bverified2024-12-10Speak press / TechCrunch, $78M Series C at $1B led by Accel; OpenAI Startup Fund participatingspeak.com · 2024-12-10AI language tutor-
Prime IntellectData & training$1Breported2026-07-08TechCrunch, Prime Intellect raises $130M Series A to help enterprises build their own AI agents - $1B valuationtechcrunch.com · 2026-07-08RL environments-
MirendilFoundation model labs$1Breported2026-06-25FinSMES, Mirendil raises $200M in seed funding at a $1 billion valuation, co-led by Andreessen Horowitz and Kleiner Perkins with NVIDIA participatingfinsmes.com · 2026-06AI that builds AI-
EliyanAI silicon$1Breported2026-07-29Eliyan press release (via Intel Capital), Eliyan Achieves Unicorn Status with $145 Million Series C to Advance Electro-optical Interconnects for AI Infrastructure - led by Seligman Ventures with Cisco Investments and Lumentumintelcapital.com · 2026-07-29chiplet interconnect-
TownAgents & dev tools$1Bverified2026-10-19Town Raises $108M Series B at a $1B Valuation to Bring AI Assistants to Whole Teams - co-led by Forerunner Ventures and Menlo Venturesglobenewswire.com · 2026-10-19Townies-
DaytonaInference & serving$1Bverified2026-10-20Daytona Raises $60M Series B to Build the Agent Cloud - $60M at a $1B valuation led by FirstMark, total funding about $91Mdaytona.io · 2026-10-20agent sandboxes-
1XPhysical AI · robotics$820Mreported2025-01-15Sacra/The Information: $820M (Jan 2025); ~$10B Series C targeted but not confirmed closedsacra.com · 2025-01-15home humanoid-
Basecamp ResearchApplications$800Mreported2026-09-23Reuters, AI-based drug developer Basecamp valued at $800 million after $140 million funding roundinkl.com · 2026-09-23$800M Series CReuters, AI-based drug developer Basecamp valued at $800 million after $140 million funding roundinkl.com · 2026-09-23
Boost RunGPU neoclouds$595Mverified2026-10-27Market capitalisation, Yahoo Finance (refreshed every weekday)finance.yahoo.com · 2026-10-27$2.6B contractedCrypto Briefing, Boost Run signs $525.6M cloud deal with Cohere, pushing total contract value past $2.6 billioncryptobriefing.com · 2026-10-06
Rad AIApplications$525Mverified2025-01-30Rad AI Closes $60M Series C, valuing the company at $525Mradai.com · 2025-01-30radiology-
VapiAgents & dev tools$500Mreported2026-05-12TechCrunch, AI voice startup Vapi hits $500M valuation after winning Amazon Ring over 40 rivals - the only source for the $500M post-moneytechcrunch.com · 2026-05-121B+ calls-
HeyGenApplications$500Mverified2024-06-20HeyGen Secures $60M Series A (company value now over $500M)heygen.com · 2024-06-20$200M ARRHeyGen Doubles to $200M ARR in Eight Monthsheygen.com · 2026-06-25
Cursor / AnysphereAgents & dev toolspart of SpaceXverified2026-08-14--
xAIFoundation model labspart of SpaceXverified2026-02-02--
Google DeepMindFoundation model labspart of Alphabetunsourced2026-07--
Meta AI / LlamaFoundation model labspart of Metaunsourced2026-07--
Weights & BiasesData & trainingpart of CoreWeaveverified2025-05-05--
ReplicateInference & servingpart of Cloudflareverified2025-12-01--
Alibaba CloudCloud & hyperscalerspart of Alibabaunsourced2026-07-division · CN-
Celestial AIAI siliconpart of Marvellverified2026-02-02--
Google TPUAI siliconpart of Alphabetunsourced2026-07--
AWS TrainiumAI siliconpart of Amazonunsourced2026-07--
Groq LPUAI siliconpart of Groqunsourced2026-07--
Cerebras WSE-3AI siliconpart of Cerebrasunsourced2026-07--
Huawei AscendAI siliconpart of Huaweiunsourced2026-07-division · CN-
Google Vertex AICloud & hyperscalerspart of Alphabetunsourced2026-07-managed inference-
AWS BedrockCloud & hyperscalerspart of Amazonunsourced2026-07-managed inference-
Azure AI FoundryCloud & hyperscalerspart of Microsoftunsourced2026-07-managed inference-
Vercel AI GatewayGateways & routerspart of Vercelunsourced2026-07-managed inference-
WizApplicationspart of Alphabetverified2026-03-11--
ModularInference & servingpart of Qualcommverified2026-07-29--
Microsoft MaiaAI siliconpart of Microsoftverified2026-10-12--
Meta MTIAAI siliconpart of Metaverified2026-04-14--

State of AI World maps every significant AI company, what it is worth and how it is connected. Every number carries a source and an as-of date; see the methodology. Data is free to reuse with credit: open data. · All companies · Daily digest · Corrections and contact