{
  "schema_version": 1,
  "source": "AI Race Scoreboard",
  "site_url": "https://airacescoreboard.com/",
  "docs_url": "https://airacescoreboard.com/data/",
  "methodology_url": "https://airacescoreboard.com/methodology/",
  "license": {
    "name": "CC BY 4.0",
    "url": "https://creativecommons.org/licenses/by/4.0/",
    "attribution": "Credit AI Race Scoreboard with a link to https://airacescoreboard.com"
  },
  "generated_at": "2026-10-17T14:41:44.705Z",
  "labs": [
    {
      "id": "anthropic",
      "name": "Anthropic",
      "hq": "San Francisco, US",
      "parent": null,
      "revenue": {
        "value_usd": 65000000000,
        "basis": "annualized run-rate (gross accounting)",
        "as_of": "2026-07-31",
        "source_name": "Reuters",
        "source_url": "https://www.reuters.com/technology/anthropic-revenue-run-rate-tops-65-billion-source-says-2026-08-17/",
        "note": "Run-rate 'topped $65B by end of July', per a source. Anthropic books cloud-partner sales gross, so it is not directly comparable to OpenAI's figure."
      },
      "revenue_claimed": null,
      "valuation": {
        "value_usd": 965000000000,
        "basis": "post-money, Series H",
        "as_of": "2026-05-28",
        "source_name": "Anthropic",
        "source_url": "https://www.anthropic.com/news/series-h"
      },
      "valuation_talks": null,
      "funding_total": {
        "value_usd": 133150000000,
        "as_of": "2026-10-17",
        "source_name": "StockAnalysis (funding database)",
        "source_url": "https://stockanalysis.com/private/anthropic/valuation/"
      },
      "compute": [
        {
          "label": "Compute contracted since Oct 2025",
          "value": "≥14.8 GW",
          "as_of": "2026-09-06",
          "source_name": "The Information via AI-RTZ",
          "source_url": "https://michaelparekh.substack.com/p/ai-anthropics-517b-vs-openais-750b"
        },
        {
          "label": "Anthropic-Amazon New Carlisle, current IT power (est.)",
          "value": "~910 MW",
          "as_of": "2026-10-15",
          "source_name": "Epoch AI",
          "source_url": "https://epoch.ai/graphs/largest-ai-data-centers-by-power-capacity"
        }
      ],
      "receipts": [
        {
          "date": "2026-10-14",
          "text": "Q3 2026 revenue $16.8B, up 45% from $11.6B in Q2. Profitable on an adjusted basis.",
          "source_name": "CNBC",
          "source_url": "https://www.cnbc.com/2026/10/15/anthropics-third-quarter-revenue-hits-16point8-billion-ipo.html"
        },
        {
          "date": "2026-10-14",
          "text": "11% adjusted margin; about $1.70 of revenue per $1 spent on compute.",
          "source_name": "Financial Times",
          "source_url": "https://www.ft.com/content/11632d03-358c-454b-af95-d06d4072932b"
        },
        {
          "date": "2026-09-06",
          "text": "Compute deals worth up to $517B signed in 11 months (The Information tally).",
          "source_name": "AI-RTZ",
          "source_url": "https://michaelparekh.substack.com/p/ai-anthropics-517b-vs-openais-750b"
        }
      ]
    },
    {
      "id": "openai",
      "name": "OpenAI",
      "hq": "San Francisco, US",
      "parent": null,
      "revenue": {
        "value_usd": 50000000000,
        "basis": "annualized run-rate, end of September (net of partner share)",
        "as_of": "2026-09-30",
        "source_name": "Axios",
        "source_url": "https://www.axios.com/2026/10/08/openai-50-billion-arr-anthropic-revenue-accounting",
        "note": "OpenAI books only its retained share of some partner (Azure) sales."
      },
      "revenue_claimed": {
        "value_usd": 70000000000,
        "basis": "earlier investor-facing 'grossed-up' annualized figure",
        "as_of": "2026-10-08",
        "source_name": "Axios",
        "source_url": "https://www.axios.com/2026/10/08/openai-50-billion-arr-anthropic-revenue-accounting",
        "note": "Axios: annualized revenue is ~$20B less than the figure previously reported. OpenAI also told investors it expects ≥$70B annualized by end of 2026 (Bloomberg via Yahoo Finance)."
      },
      "valuation": {
        "value_usd": 852000000000,
        "basis": "post-money, $122B round",
        "as_of": "2026-03-31",
        "source_name": "OpenAI",
        "source_url": "https://openai.com/index/accelerating-the-next-phase-ai/"
      },
      "valuation_talks": {
        "value_usd": 1400000000000,
        "basis": "pre-money, in talks to raise ≥$30B (not closed)",
        "as_of": "2026-10-12",
        "source_name": "TradedVC / Bloomberg",
        "source_url": "https://traded.co/vc/deal/openai-seeks-to-raise-30-billion-at-1-4-trillion-valuation-with-investor-support/"
      },
      "funding_total": {
        "value_usd": 178070000000,
        "as_of": "2026-10-16",
        "source_name": "StockAnalysis (funding database)",
        "source_url": "https://stockanalysis.com/private/openai/valuation/",
        "note": "Other databases differ: VC Market Cap lists $192.20B."
      },
      "compute": [
        {
          "label": "Planned capacity by 2030 (told investors)",
          "value": "30 GW",
          "as_of": "2026-09-09",
          "source_name": "AI-RTZ",
          "source_url": "https://michaelparekh.substack.com/p/ai-anthropics-517b-vs-openais-750b"
        },
        {
          "label": "Compute spend forecast through 2030",
          "value": "~$750B",
          "as_of": "2026-09-09",
          "source_name": "AI-RTZ (The Information)",
          "source_url": "https://michaelparekh.substack.com/p/ai-anthropics-517b-vs-openais-750b"
        }
      ],
      "receipts": [
        {
          "date": "2026-10-08",
          "text": "The ~$70B figure became ~$50B. Annualized revenue is about $20B less than previously reported (an accounting 'gross-up').",
          "source_name": "Axios",
          "source_url": "https://www.axios.com/2026/10/08/openai-50-billion-arr-anthropic-revenue-accounting"
        },
        {
          "date": "2026-10-12",
          "text": "In talks to raise ≥$30B at a $1.4T pre-money valuation (not closed).",
          "source_name": "TradedVC",
          "source_url": "https://traded.co/vc/deal/openai-seeks-to-raise-30-billion-at-1-4-trillion-valuation-with-investor-support/"
        },
        {
          "date": "2026-09-09",
          "text": "Expects to burn about $25B of cash in 2026 (The Information).",
          "source_name": "AI-RTZ",
          "source_url": "https://michaelparekh.substack.com/p/ai-anthropics-517b-vs-openais-750b"
        }
      ]
    },
    {
      "id": "google",
      "name": "Google DeepMind",
      "hq": "London / Mountain View",
      "parent": "Alphabet (public)",
      "revenue": null,
      "revenue_claimed": null,
      "valuation": null,
      "valuation_talks": null,
      "funding_total": null,
      "compute": [
        {
          "label": "Alphabet 2026 capex guidance (company-wide)",
          "value": "$195–205B",
          "as_of": "2026-07-22",
          "source_name": "CNBC (Q2 2026 earnings)",
          "source_url": "https://www.cnbc.com/2026/07/22/google-earnings-q2-goog-live-updates.html"
        }
      ],
      "receipts": [
        {
          "date": "2026-07-22",
          "text": "Gemini app reached 950M monthly active users. Google Cloud Q2 revenue $24.8B (+82% YoY).",
          "source_name": "Alphabet Q2 2026 release (SEC)",
          "source_url": "https://www.sec.gov/Archives/edgar/data/1652044/000165204426000066/googexhibit991q22026.htm"
        }
      ]
    },
    {
      "id": "meta",
      "name": "Meta Superintelligence Labs",
      "hq": "Menlo Park, US",
      "parent": "Meta Platforms (public)",
      "revenue": null,
      "revenue_claimed": null,
      "valuation": null,
      "valuation_talks": null,
      "funding_total": null,
      "compute": [
        {
          "label": "Meta 2026 capex guidance (company-wide)",
          "value": "$130–145B",
          "as_of": "2026-07-29",
          "source_name": "Meta Q2 2026 results",
          "source_url": "https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Reports-Second-Quarter-2026-Results/default.aspx"
        },
        {
          "label": "Meta Prometheus, current IT power (est.)",
          "value": "~471 MW",
          "as_of": "2026-10-15",
          "source_name": "Epoch AI",
          "source_url": "https://epoch.ai/graphs/largest-ai-data-centers-by-power-capacity"
        }
      ],
      "receipts": [
        {
          "date": "2026-07-29",
          "text": "2026 capex guidance is $130–145B.",
          "source_name": "Meta Q2 2026 results",
          "source_url": "https://investor.atmeta.com/investor-news/press-release-details/2026/Meta-Reports-Second-Quarter-2026-Results/default.aspx"
        }
      ]
    },
    {
      "id": "xai",
      "name": "xAI (SpaceXAI)",
      "hq": "Palo Alto / Memphis, US",
      "parent": "SpaceX (acquired Feb 2026)",
      "revenue": {
        "value_usd": 3272000000,
        "basis": "Q1 2026 segment revenue × 4 (computed; includes X ads/subscriptions)",
        "as_of": "2026-03-31",
        "source_name": "Morningstar (SpaceX S-1)",
        "source_url": "https://www.morningstar.com/stocks/financials-look-reckless-lifting-xais-hood-spacex-ipo",
        "note": "Q1 2026 revenue $818M, operating loss $2.47B. We multiply the quarter by 4 ourselves."
      },
      "revenue_claimed": null,
      "valuation": {
        "value_usd": 250000000000,
        "basis": "implied value in the SpaceX all-stock merger",
        "as_of": "2026-02-02",
        "source_name": "Reuters",
        "source_url": "https://www.reuters.com/business/musks-spacex-merge-with-xai-combined-valuation-125-trillion-bloomberg-news-2026-02-02/"
      },
      "valuation_talks": null,
      "funding_total": null,
      "compute": [
        {
          "label": "Colossus 2, current IT power (est.), largest tracked",
          "value": "~946 MW",
          "as_of": "2026-10-15",
          "source_name": "Epoch AI",
          "source_url": "https://epoch.ai/graphs/largest-ai-data-centers-by-power-capacity"
        },
        {
          "label": "AI-segment capex, Q1 2026",
          "value": "$7.7B",
          "as_of": "2026-03-31",
          "source_name": "TechCrunch (S-1)",
          "source_url": "https://techcrunch.com/2026/05/20/xai-burned-6-4b-last-year-spacexs-ipo-filing-shows-why-the-spending-is-far-from-over/"
        }
      ],
      "receipts": [
        {
          "date": "2026-05-20",
          "text": "Lost $6.4B from operations on $3.2B revenue in 2025 (SpaceX S-1).",
          "source_name": "TechCrunch",
          "source_url": "https://techcrunch.com/2026/05/20/xai-burned-6-4b-last-year-spacexs-ipo-filing-shows-why-the-spending-is-far-from-over/"
        },
        {
          "date": "2026-05-20",
          "text": "Grok: 117M monthly users, but only 1.9M pay for the advanced models.",
          "source_name": "Morningstar",
          "source_url": "https://www.morningstar.com/stocks/financials-look-reckless-lifting-xais-hood-spacex-ipo"
        }
      ]
    },
    {
      "id": "mistral",
      "name": "Mistral AI",
      "hq": "Paris, FR",
      "parent": null,
      "revenue": {
        "value_usd": 1000000000,
        "basis": "ARR, 'slightly above $1B' per CFO",
        "as_of": "2026-09-08",
        "source_name": "WSJ",
        "source_url": "https://www.wsj.com/tech/ai/mistral-ai-exceeds-24-billion-valuation-after-samsung-led-investment-round-ea377b82"
      },
      "revenue_claimed": null,
      "valuation": {
        "value_usd": 24000000000,
        "basis": "post-money, ~€21B, Series D",
        "as_of": "2026-09-08",
        "source_name": "Reuters",
        "source_url": "https://www.reuters.com/world/europe/french-ai-company-mistral-hits-24-billion-valuation-funding-round-2026-09-08/"
      },
      "valuation_talks": null,
      "funding_total": {
        "value_usd": 7500000000,
        "as_of": "2026-09-08",
        "source_name": "Crunchbase News",
        "source_url": "https://news.crunchbase.com/venture/europe-record-setting-mistral-ai-raise/"
      },
      "compute": [],
      "receipts": [
        {
          "date": "2026-09-08",
          "text": "Raised €3B (~$3.5B) led by Samsung at ~$24B. The CFO says ARR is slightly above $1B.",
          "source_name": "WSJ",
          "source_url": "https://www.wsj.com/tech/ai/mistral-ai-exceeds-24-billion-valuation-after-samsung-led-investment-round-ea377b82"
        }
      ]
    },
    {
      "id": "deepseek",
      "name": "DeepSeek",
      "hq": "Hangzhou, CN",
      "parent": null,
      "revenue": {
        "value_usd": 1000000000,
        "basis": "annualized revenue, September (third-party estimate)",
        "as_of": "2026-09-30",
        "source_name": "Sacra (estimate)",
        "source_url": "https://sacra.com/c/deepseek/",
        "note": "This is an estimate, not a company disclosure."
      },
      "revenue_claimed": null,
      "valuation": {
        "value_usd": 51820000000,
        "basis": "post-money of first external round (~RMB350.88B)",
        "as_of": "2026-07-17",
        "source_name": "Caixin / Sacra",
        "source_url": "https://www.caixinglobal.com/2026-07-17/deepseek-reaches-52-billion-valuation-in-round-backed-by-tencent-catl-102465358.html"
      },
      "valuation_talks": {
        "value_usd": null,
        "basis": "considering follow-on of up to RMB100B at ~RMB500B valuation",
        "as_of": "2026-10-06",
        "source_name": "CNBC",
        "source_url": "https://www.cnbc.com/2026/10/06/deepseek-funding-round.html"
      },
      "funding_total": {
        "value_usd": 7400000000,
        "as_of": "2026-07-17",
        "source_name": "Caixin",
        "source_url": "https://www.caixinglobal.com/2026-07-17/deepseek-reaches-52-billion-valuation-in-round-backed-by-tencent-catl-102465358.html",
        "note": "This is the first external round. Earlier funding from High-Flyer is not included."
      },
      "compute": [],
      "receipts": [
        {
          "date": "2026-09-30",
          "text": "Sacra estimates about $1B annualized revenue in September 2026 (not a company disclosure).",
          "source_name": "Sacra",
          "source_url": "https://sacra.com/c/deepseek/"
        },
        {
          "date": "2026-10-06",
          "text": "Weighing a second raise of up to RMB100B at ~RMB500B valuation.",
          "source_name": "CNBC",
          "source_url": "https://www.cnbc.com/2026/10/06/deepseek-funding-round.html"
        }
      ]
    },
    {
      "id": "alibaba",
      "name": "Alibaba (Qwen)",
      "hq": "Hangzhou, CN",
      "parent": "Alibaba Group (public)",
      "revenue": {
        "value_usd": 7296000000,
        "basis": "AI-related product revenue, June quarter × 4 (computed; parent-segment metric)",
        "as_of": "2026-06-30",
        "source_name": "Alibaba June Quarter 2026 results",
        "source_url": "https://data.alibabagroup.com/ecms-files/1532295521/fa5d65fc-9b3e-4e82-a8fc-4ce1c3e2c407/Alibaba%20Group%20Announces%20June%20Quarter%202026%20Results.pdf",
        "note": "Quarter: RMB12.376B (US$1.824B). This is Alibaba's AI-related product revenue line, not Qwen alone."
      },
      "revenue_claimed": null,
      "valuation": null,
      "valuation_talks": null,
      "funding_total": null,
      "compute": [
        {
          "label": "Group capex, June quarter",
          "value": "US$9.975B",
          "as_of": "2026-06-30",
          "source_name": "Alibaba June Quarter 2026 results",
          "source_url": "https://data.alibabagroup.com/ecms-files/1532295521/fa5d65fc-9b3e-4e82-a8fc-4ce1c3e2c407/Alibaba%20Group%20Announces%20June%20Quarter%202026%20Results.pdf"
        }
      ],
      "receipts": [
        {
          "date": "2026-06-30",
          "text": "AI-related product revenue: 12th straight quarter of triple-digit growth.",
          "source_name": "Alibaba results",
          "source_url": "https://data.alibabagroup.com/ecms-files/1532295521/fa5d65fc-9b3e-4e82-a8fc-4ce1c3e2c407/Alibaba%20Group%20Announces%20June%20Quarter%202026%20Results.pdf"
        },
        {
          "date": "2026-06-30",
          "text": "AI Cloud & Compute Services revenue US$7.139B in the quarter (+45% YoY).",
          "source_name": "Alibaba results",
          "source_url": "https://data.alibabagroup.com/ecms-files/1532295521/fa5d65fc-9b3e-4e82-a8fc-4ce1c3e2c407/Alibaba%20Group%20Announces%20June%20Quarter%202026%20Results.pdf"
        }
      ]
    },
    {
      "id": "moonshot",
      "name": "Moonshot AI (Kimi)",
      "hq": "Beijing, CN",
      "parent": null,
      "revenue": {
        "value_usd": 1000000000,
        "basis": "ARR (current, per Bloomberg)",
        "as_of": "2026-10-06",
        "source_name": "Silicon Republic (Bloomberg)",
        "source_url": "https://www.siliconrepublic.com/start-ups/bloomberg-moonshot-closes-round-at-50bn-valuation-before-2027-ipo"
      },
      "revenue_claimed": {
        "value_usd": 2000000000,
        "basis": "ARR expected by December",
        "as_of": "2026-10-06",
        "source_name": "Silicon Republic (Bloomberg)",
        "source_url": "https://www.siliconrepublic.com/start-ups/bloomberg-moonshot-closes-round-at-50bn-valuation-before-2027-ipo",
        "note": "This is a forward-looking expectation, not a reported number."
      },
      "valuation": {
        "value_usd": 50000000000,
        "basis": "final private round (reported)",
        "as_of": "2026-10-06",
        "source_name": "Silicon Republic (Bloomberg)",
        "source_url": "https://www.siliconrepublic.com/start-ups/bloomberg-moonshot-closes-round-at-50bn-valuation-before-2027-ipo"
      },
      "valuation_talks": null,
      "funding_total": null,
      "compute": [],
      "receipts": [
        {
          "date": "2026-10-06",
          "text": "Closed its final private round at a $50B valuation; Hong Kong IPO planned for early 2027. ARR $1B, targeting $2B by December.",
          "source_name": "Silicon Republic",
          "source_url": "https://www.siliconrepublic.com/start-ups/bloomberg-moonshot-closes-round-at-50bn-valuation-before-2027-ipo"
        }
      ]
    },
    {
      "id": "zai",
      "name": "Z.ai (Zhipu)",
      "hq": "Beijing, CN",
      "parent": null,
      "revenue": null,
      "revenue_claimed": null,
      "valuation": null,
      "valuation_talks": null,
      "funding_total": null,
      "compute": [],
      "receipts": []
    }
  ]
}