AI lab funding
How much each lab has raised, and how that compares with what it's now valued at. Funding is not scored; see the valuations page for the scored figure.
Data as of the week of 26 Oct 2026 (updated 26 Oct 2026, 08:09, Bucharest time). Every figure links to its source; see the methodology.
Total funding raised, by lab
| Rank | Lab | Total funding | As of | Source | Latest valuation (closed) | Valuation ÷ funding (computed) |
|---|---|---|---|---|---|---|
| 1 | OpenAI | $178B | 16 Oct 2026 | StockAnalysis (funding database) (opens in new tab) | $852B | 4.8× |
| Other databases differ: VC Market Cap lists $192.20B. | ||||||
| 2 | Anthropic | $141B | 30 Jun 2026 | Anthropic S-1 (SEC EDGAR) (opens in new tab) | $965B | 6.8× |
| Aggregate capital raised as of 30 Jun 2026, per the S-1. Was $133.15B (StockAnalysis, 17 Oct). | ||||||
| 3 | Mistral AI | $7.5B | 8 Sept 2026 | Crunchbase News (opens in new tab) | $24B | 3.2× |
| 4 | DeepSeek | $7.4B | 17 Jul 2026 | Caixin (opens in new tab) | $51.8B | 7× |
| This is the first external round. Earlier funding from High-Flyer is not included. | ||||||
The multiple is plain arithmetic: latest closed valuation divided by total funding raised. Funding is not a scored component of the AI Race score; see the methodology.
- Google DeepMind
- Meta Superintelligence Labs
- xAI (SpaceXAI)
- Alibaba (Qwen)
- Moonshot AI (Kimi)
- Z.ai (Zhipu)
FAQ
Which AI lab has raised the most funding?
OpenAI, $178B as of 16 Oct 2026, ahead of Anthropic at $141B.
Which lab's valuation is the largest multiple of the money it has raised?
DeepSeek, about 7× its total funding (computed by us).
Which labs have no reliable public funding figure?
Google DeepMind, Meta Superintelligence Labs, xAI (SpaceXAI), Alibaba (Qwen), Moonshot AI (Kimi), Z.ai (Zhipu).
Does total funding affect the AI Race score?
No. Funding is shown for reference but is not one of the five scored components; see the methodology.