Funding

Every funding round the atlas has on record for AI labs, 66 in all, newest first, each with its source.

The labs and their bets

2026

  • SpaceXAI (formerly xAI) 7 October 2026 reported
    Amount
    $40 billion, reported and not yet confirmed
    Lead
    Apollo Global Management
    Source theinformation.com
  • DeepSeek 6 October 2026 reported
    Amount
    Reported at least 80 billion yuan, about $12 billion, possibly up to 100 billion yuan, about $15 billion
    Valuation
    About 500 billion yuan, about $74 to 75 billion, possibly higher
    Lead
    CATL and Tencent with the largest commitments, plus Geely Auto, Monolith Management and Loyal Valley Capital
    Source americanbazaaronline.com, livemint.com, rswebsols.com
  • Lambda 6 October 2026 reported
    Amount
    Up to $4 billion, reported
    Valuation
    $14.5 billion before the new money
    Lead
    Coatue Management and Blackstone
    Source techcrunch.com
  • OpenAI 5 October 2026 reported
    Amount
    Reported $30 billion, in talks and not closed
    Valuation
    About $1.4 trillion before the new money, reported
    Lead
    No lead chosen; in talks with MGX and other UAE funds and BlackRock
    Source thenextweb.com
  • Anthropic 1 October 2026 reported
    Amount
    Up to $42 billion in convertible debt financing, reported
    Lead
    Broadcom
    Source cnbc.com, finance.yahoo.com, bloomberg.com, finance.yahoo.com, thebanker.com
  • Anthropic 1 October 2026 reported
    Amount
    Reported IPO, size not confirmed, analysts model a possible $100 billion raise
    Valuation
    Investors cited by Bloomberg estimate fair value at $1.8 trillion to $2 trillion
    Lead
    Goldman Sachs, JPMorgan and Morgan Stanley as lead IPO advisers
    Source finance.yahoo.com
  • General Intuition 29 September 2026
    Amount
    $220M
    Valuation
    $6.2B
    Lead
    Valor Equity Partners, Atreides, Seven Seven Six, Point72, Khosla, General Catalyst
    Source siliconangle.com
  • World Labs 28 September 2026
    Amount
    Acquisition by AMD (terms undisclosed)
    Lead
    AMD (definitive agreement; close expected by end 2026)
    Source worldlabs.ai
  • Mistral AI 8 September 2026
    Amount
    EUR 3B ($3.5B)
    Valuation
    >EUR 21B (~$24B) post-money
    Lead
    Samsung Electronics; Scaleup Europe Fund, PSG Equity
    Source cnbc.com
  • OpenAI September 2026 reported
    Amount
    >=$30B (Bloomberg, talks)
    Valuation
    ~$1.4T (reported)
    Source tradingview.com
  • Thinking Machines Lab September 2026 reported
    Amount
    $1B (reported talks)
    Valuation
    $40B (reported)
    Lead
    Accel (reported)
    Source techcrunch.com
  • Poolside 21 August 2026
    Amount
    $6B Nvidia licence fee plus $1B Nvidia investment
    Valuation
    $12B pre-money
    Lead
    Nvidia
    Source thenextweb.com
  • Pragmatik Labs 11 August 2026 reported
    Amount
    Not disclosed in announcement; reported hundreds of millions of USD (Gaorong and HSG ~$100M each, Tencent ~$20M)
    Valuation
    ~$2B (reported)
    Lead
    Gaorong Ventures and HSG (formerly Sequoia China); Tencent; Shanghai Future Industries Fund
    Source thenextweb.com
  • Discovery Loop 5 August 2026 reported
    Amount
    Not disclosed in announcement; ~$1B reported in talks (Business Insider), not confirmed closed
    Valuation
    ~$10B (reported, in talks)
    Lead
    Co-led by Radical Ventures and Khosla Ventures (Kleiner Perkins, Lightspeed, Doerr, Alphabet; Alphabet compute for 1+ year)
    Source techcrunch.com
  • Core Automation August 2026 reported
    Amount
    $500M (filing to raise; reported)
    Valuation
    ~$4B target (reported, The Information, 2026-05)
    Source the-decoder.com
  • Z.ai (Zhipu AI) 8 July 2026
    Amount
    $4B share placement
    Lead
    Priced at HK$1,588, about 13% below the prior close (Bloomberg, via Startup Fortune)
    Source startupfortune.com
  • Moonshot AI (Kimi) July 2026
    Amount
    undisclosed (closed above goal)
    Valuation
    $31.5B-$35B (reports differ)
    Source startupfortune.com
  • DeepSeek July 2026 reported
    Amount
    Second round, paused
    Valuation
    ~$71B pre-money (reported)
    Source finance.yahoo.com
  • Safe Superintelligence Inc. (SSI) July 2026 reported
    Amount
    ~$5B (reported, undisclosed by Nvidia)
    Lead
    Nvidia (strategic investment plus Vera Rubin compute access)
    Source investor.nvidia.com
  • Mirendil 24 June 2026
    Amount
    $200M seed
    Valuation
    $1B
    Lead
    Co-led by Andreessen Horowitz and Kleiner Perkins, with Nvidia
    Source thenextweb.com
  • Prometheus (Project Prometheus) 11 June 2026
    Amount
    $12B
    Valuation
    $41B
    Lead
    Not stated, and the investors named are Bezos, JPMorgan Chase, Goldman Sachs, BlackRock, DST Global and Arch Venture Partners
    Source techcrunch.com
  • Lila Sciences June 2026 reported
    Amount
    ~$2B Series B (reported talks, Bloomberg)
    Valuation
    ~$8.5B pre-money (reported)
    Lead
    Anchored by CalPERS and Nvidia's NVentures (reported)
    Source news.bloomberglaw.com
  • DeepSeek June 2026 reported
    Amount
    ~50B yuan (~$7.4B), first outside round
    Valuation
    $52B-$59B post-money (reported)
    Lead
    Founder Liang (20B yuan), Tencent, CATL; national AI fund and others (reported)
    Source cnbc.com
  • General Intuition June 2026
    Amount
    $320M Series A
    Valuation
    $2.3B
    Lead
    Khosla Ventures (General Catalyst, Jeff Bezos participated)
    Source pulse2.com
  • Anthropic 28 May 2026
    Amount
    $65B Series H
    Valuation
    $965B post-money
    Lead
    Altimeter, Dragoneer, Greenoaks, Sequoia (plus Capital Group, Coatue, D1)
    Source techcrunch.com
  • Recursive Superintelligence 13 May 2026
    Amount
    $650M
    Valuation
    $4.65B
    Lead
    GV and Greycroft (Nvidia, AMD participated)
    Source tech.eu
  • Isomorphic Labs 12 May 2026
    Amount
    $2.1B Series B
    Lead
    Thrive Capital (Alphabet, GV, MGX, Temasek, CapitalG, UK Sovereign AI Fund)
    Source isomorphiclabs.com
  • Moonshot AI (Kimi) May 2026
    Amount
    $2B
    Valuation
    $20B
    Lead
    Long-Z Investments (Meituan), with Tsinghua Capital, China Mobile
    Source techcrunch.com
  • Periodic Labs May 2026 reported
    Amount
    >=$500M (reported, in progress)
    Valuation
    $7.5B (reported)
    Lead
    AMP (Anjney Midha's vehicle), reported
    Source forbes.com.au
  • Ineffable Intelligence 27 April 2026
    Amount
    $1.1B seed (largest European seed)
    Valuation
    $5.1B
    Lead
    Co-led by Sequoia and Lightspeed (Nvidia, DST, Index, Google, UK Sovereign AI Fund)
    Source cnbc.com
  • Reflection AI April 2026 reported
    Amount
    undisclosed; about $2.6B raised in total (TechCrunch)
    Valuation
    $25B pre-money (TechCrunch); FT reported ~$20B talks in 2026-03
    Source techcrunch.com
  • Elorian April 2026
    Amount
    $55M seed
    Valuation
    $300M
    Lead
    Not stated (investors named are Striker Venture Partners, Menlo Ventures, Altimeter, 49 Palms and Nvidia, and angels include Jeff Dean)
    Source techcrunch.com
  • Advanced Machine Intelligence (AMI Labs) 10 March 2026
    Amount
    $1.03B seed
    Valuation
    $3.5B pre-money
    Lead
    Co-led by Cathay Innovation, Greycroft, Hiro Capital, HV Capital, Bezos Expeditions (Nvidia, Toyota, Samsung, Temasek also in)
    Source thenextweb.com
  • OpenAI March 2026
    Amount
    $122B committed (Amazon, SoftBank, Nvidia per Wikipedia)
    Valuation
    $852B post-money
    Source tradingview.com
  • Physical Intelligence (Pi) March 2026 reported
    Amount
    ~$1B (Bloomberg reported talks; a secondary site says closed by 2026-10)
    Valuation
    >$11B (reported)
    Lead
    Founders Fund, with Lightspeed, Thrive, Lux (reported)
    Source dealroom.co
  • Thinking Machines Lab March 2026
    Amount
    undisclosed ('significant investment')
    Lead
    Nvidia, with a >=1 GW Vera Rubin compute deal for early 2027
    Source thinkingmachines.ai
  • World Labs 18 February 2026 reported
    Amount
    $1B
    Valuation
    ~$5B (reported by Bloomberg; not confirmed)
    Lead
    Autodesk ($200M) with AMD, Emerson Collective, Fidelity, Nvidia, Sea
    Source worldlabs.ai
  • Anthropic 12 February 2026
    Amount
    $30B Series G
    Valuation
    $380B
    Lead
    Coatue and GIC (per Wikipedia)
    Source en.wikipedia.org
  • SpaceXAI (formerly xAI) 2 February 2026
    Amount
    All-stock acquisition by SpaceX
    Valuation
    xAI $250B; combined SpaceX-xAI $1.25T
    Lead
    SpaceX
    Source cnbc.com
  • humans& 20 January 2026
    Amount
    $480M seed
    Valuation
    $4.48B
    Lead
    SV Angel (Ron Conway) and Georges Harik; Nvidia, Jeff Bezos, GV, Emerson Collective
    Source techcrunch.com
  • MiniMax 9 January 2026
    Amount
    ~$619M Hong Kong IPO
    Source cnbc.com
  • Z.ai (Zhipu AI) 8 January 2026
    Amount
    Hong Kong IPO (~$560M raised)
    Source startupfortune.com
  • Flapping Airplanes January 2026 reported
    Amount
    $180M
    Valuation
    ~$1.5B (reported)
    Lead
    GV, Sequoia, Index
    Source the-decoder.com
  • Core Automation 2026 reported
    Amount
    $100M (reported)
    Valuation
    $1B (reported)
    Lead
    Nvidia among backers (reported)
    Source the-decoder.com

2025

2024

  • World Labs September 2024 reported
    Amount
    $230M (reported)
    Valuation
    ~$1B (reported)
    Lead
    a16z, NEA, Radical Ventures, with NVentures, AMD Ventures, Adobe Ventures and Databricks Ventures
    Source techcrunch.com
  • Safe Superintelligence Inc. (SSI) September 2024
    Amount
    $1B
    Valuation
    $5B
    Lead
    Backers incl. a16z, Sequoia, DST Global, SV Angel
    Source techcrunch.com
  • Magic 29 August 2024
    Amount
    $320M (total raised $465M at the time)
    Lead
    Eric Schmidt, CapitalG, Atlassian, Elad Gil, Jane Street, Nat Friedman and Daniel Gross, Sequoia and others (lead not stated)
    Source techcrunch.com

2023

  • Essential AI December 2023
    Amount
    $56.5M Series A (about $65M total with an $8.3M seed)
    Lead
    March Capital (AMD, Franklin Venture Partners, Google, KB Investment, NVIDIA, Thrive Capital)
    Source venturebeat.com