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"https://blogs.microsoft.com/blog/2024/04/15/microsoft-and-g42-partner-to-accelerate-ai-innovation-in-uae-and-beyond/", "source_class": "first_party", "tier": 5, "note": "$1.5B minority investment and support for $1B developer fund; Azure migration/preferred-cloud relation." }, { "source_id": "S38", "title": "Alibaba to invest RMB380B in AI and cloud infrastructure", "publisher": "Alibaba Group", "date": "2025-02-24", "url": "https://home.alibabagroup.com/en-US/document-1830678592242057216", "source_class": "first_party", "tier": 5, "note": "At least RMB380B (source states approximately $53B) over three years." }, { "source_id": "S39", "title": "Cabinet approves IndiaAI Mission", "publisher": "Government of India PIB", "date": "2024-03-07", "url": "https://www.pib.gov.in/PressReleasePage.aspx?PRID=2012355", "source_class": "government", "tier": 5, "note": "Budget outlay Rs10,371.92 crore and public-private compute infrastructure of at least 10,000 GPUs." }, { "source_id": "S40", "title": "UK Compute Roadmap", "publisher": "UK Government", "date": "2026-04-23", "url": "https://www.gov.uk/government/publications/uk-compute-roadmap/uk-compute-roadmap", "source_class": "government", "tier": 5, "note": "Up to GBP2B public compute ecosystem through 2030; over GBP1B for AIRR and up to GBP750M Edinburgh supercomputer." }, { "source_id": "S41", "title": "EU launches InvestAI initiative", "publisher": "European Commission", "date": "2025-02-11", "url": "https://digital-strategy.ec.europa.eu/en/news/eu-launches-investai-initiative-mobilise-eu200-billion-investment-artificial-intelligence", "source_class": "government", "tier": 5, "note": "EUR200B mobilization target, including EUR20B AI gigafactory fund." }, { "source_id": "S42", "title": "Advancing independent research on AI alignment", "publisher": "OpenAI", "date": "2026-02-10", "url": "https://openai.com/index/advancing-independent-research-ai-alignment/", "source_class": "first_party", "tier": 5, "note": "OpenAI $7.5M commitment; Alignment Project fund above GBP27M." }, { "source_id": "S43", "title": "Baidu FY2025 results", "publisher": "Baidu IR", "date": "2026-02-25", "url": "https://ir.baidu.com/news-releases/news-release-details/baidu-announces-fourth-quarter-and-fiscal-year-2025-results/", "source_class": "first_party_financial", "tier": 5, "note": "FY2025 AI-powered business RMB40.0B; AI Cloud Infra RMB19.8B." }, { "source_id": "S44", "title": "Baidu Q1 2026 results", "publisher": "Baidu IR", "date": "2026-05-21", "url": "https://ir.baidu.com/news-releases/news-release-details/baidu-announces-first-quarter-2026-results/", "source_class": "first_party_financial", "tier": 5, "note": "Q1 2026 AI-powered business RMB13.6B and AI Cloud Infra RMB8.8B." }, { "source_id": "S45", "title": "Scale AI announces next phase after Meta investment", "publisher": "Scale AI", "date": "2025-06-12", "url": "https://scale.com/blog/scale-ai-announces-next-phase-of-company-evolution", "source_class": "first_party", "tier": 5, "note": "Confirms significant Meta investment, valuation over $29B, expanded commercial relationship; amount not disclosed in first-party release." }, { "source_id": "S46", "title": "Meta finalizes investment in Scale AI", "publisher": "Reuters", "date": "2025-06-13", "url": "https://www.reuters.com/business/finance/meta-finalizes-investment-scale-ai-valuing-startup-29-billion-2025-06-13/", "source_class": "reputable_media", "tier": 4, "note": "Reports $14.3B for 49% stake; amount sourced to people familiar with the matter." }, { "source_id": "S47", "title": "DeepSeek resumes funding round seeking nearly $8B", "publisher": "Reuters citing Bloomberg", "date": "2026-08-06", "url": "https://www.reuters.com/world/asia-pacific/deepseek-resumes-funding-round-seeking-nearly-8-billion-bloomberg-news-reports-2026-08-06/", "source_class": "reputable_media", "tier": 3, "note": "Reported target, not a confirmed closed round; valuation approximately RMB500B." }, { "source_id": "S48", "title": "DeepSeek invests in Unitree Shanghai IPO", "publisher": "Reuters", "date": "2026-08-06", "url": "https://www.reuters.com/world/asia-pacific/deepseek-invests-208-million-unitrees-shanghai-ipo-2026-08-06/", "source_class": "reputable_media", "tier": 4, "note": "RMB140.8M ($20.8M), 2.31% stake through strategic placement." }, { "source_id": "S49", "title": "Microsoft FY2026 Q3 earnings", "publisher": "Microsoft IR", "date": "2026-04-29", "url": "https://www.microsoft.com/en-us/investor/earnings/fy-2026-q3/press-release-webcast", "source_class": "first_party_financial", "tier": 5, "note": "Microsoft AI business annual revenue run rate above $37B; company quarterly financials." } ], "financials": [ { "entity": "OpenAI", "observation_date": "2026-03-31", "metric": "monthly_revenue", "amount_original": "USD 2.0B per month", "currency": "USD", "value_b": 2.0, "annualized_usd_b": 24.0, "accounting_basis": "company-disclosed monthly revenue; annualized mechanically", "audited": "No", "source_id": "S06", "note": "USD24B is 2B x 12, not a forecast or GAAP full-year revenue.", "source_title": "Accelerating the next phase of AI", "source_url": "https://openai.com/index/accelerating-the-next-phase-ai/" }, { "entity": "Anthropic", "observation_date": "2026-05-28", "metric": "run_rate_revenue", "amount_original": "more than USD 47B", "currency": "USD", "value_b": 47.0, "annualized_usd_b": 47.0, "accounting_basis": "company-disclosed run-rate", "audited": "No", "source_id": "S24", "note": "Run-rate is not annual GAAP revenue.", "source_title": "Anthropic Series H", "source_url": "https://www.anthropic.com/news/series-h" }, { "entity": "Microsoft AI business", "observation_date": "2026-03-31", "metric": "annual_revenue_run_rate", "amount_original": "more than USD 37B", "currency": "USD", "value_b": 37.0, "annualized_usd_b": 37.0, "accounting_basis": "company-defined AI business ARR/run-rate", "audited": "Part of public-company disclosure, not a standalone GAAP segment", "source_id": "S49", "note": "Up 123% YoY per Microsoft.", "source_title": "Microsoft FY2026 Q3 earnings", "source_url": "https://www.microsoft.com/en-us/investor/earnings/fy-2026-q3/press-release-webcast" }, { "entity": "CoreWeave", "observation_date": "2025-12-31", "metric": "FY_revenue", "amount_original": "USD 5.131B", "currency": "USD", "value_b": 5.131, "annualized_usd_b": 5.131, "accounting_basis": "FY2025 reported revenue", "audited": "Public-company results", "source_id": "S15", "note": null, "source_title": "CoreWeave FY2025 results", "source_url": "https://investors.coreweave.com/news/news-details/2026/CoreWeave-Reports-Strong-Fourth-Quarter-and-Fiscal-Year-2025-Results/" }, { "entity": "CoreWeave", "observation_date": "2025-12-31", "metric": "revenue_backlog", "amount_original": "USD 66.8B", "currency": "USD", "value_b": 66.8, "annualized_usd_b": null, "accounting_basis": "reported backlog", "audited": "Public-company results", "source_id": "S15", "note": "Backlog is not recognized revenue.", "source_title": "CoreWeave FY2025 results", "source_url": "https://investors.coreweave.com/news/news-details/2026/CoreWeave-Reports-Strong-Fourth-Quarter-and-Fiscal-Year-2025-Results/" }, { "entity": "CoreWeave", "observation_date": "2025-12-31", "metric": "net_interest_expense", "amount_original": "USD 1.229B", "currency": "USD", "value_b": 1.229, "annualized_usd_b": null, "accounting_basis": "FY2025 reported", "audited": "Public-company results", "source_id": "S15", "note": null, "source_title": "CoreWeave FY2025 results", "source_url": "https://investors.coreweave.com/news/news-details/2026/CoreWeave-Reports-Strong-Fourth-Quarter-and-Fiscal-Year-2025-Results/" }, { "entity": "CoreWeave", "observation_date": "2025-12-31", "metric": "net_loss", "amount_original": "USD -1.167B", "currency": "USD", "value_b": -1.167, "annualized_usd_b": null, "accounting_basis": "FY2025 reported", "audited": "Public-company results", "source_id": "S15", "note": null, "source_title": "CoreWeave FY2025 results", "source_url": "https://investors.coreweave.com/news/news-details/2026/CoreWeave-Reports-Strong-Fourth-Quarter-and-Fiscal-Year-2025-Results/" }, { "entity": "Baidu Core AI-powered Business", "observation_date": "2025-12-31", "metric": "FY_revenue", "amount_original": "RMB 40.0B", "currency": "RMB", "value_b": 40.0, "annualized_usd_b": null, "accounting_basis": "management AI-native view", "audited": "Derived from internal management accounts; company says unaudited", "source_id": "S43", "note": "AI Cloud Infra portion RMB19.8B.", "source_title": "Baidu FY2025 results", "source_url": "https://ir.baidu.com/news-releases/news-release-details/baidu-announces-fourth-quarter-and-fiscal-year-2025-results/" }, { "entity": "Baidu AI Cloud Infra", "observation_date": "2026-03-31", "metric": "quarterly_revenue", "amount_original": "RMB 8.8B", "currency": "RMB", "value_b": 8.8, "annualized_usd_b": null, "accounting_basis": "Q1 2026 management view", "audited": "Unaudited", "source_id": "S44", "note": "Up 79% YoY.", "source_title": "Baidu Q1 2026 results", "source_url": "https://ir.baidu.com/news-releases/news-release-details/baidu-announces-first-quarter-2026-results/" } ], "centrality": [ { "entity": "OpenAI", "entity_type": "Model lab", "degree_centrality": 0.1967213114754098, "betweenness_centrality": 0.1951730418943534, "pagerank": 0.1146653618986483, "disclosed_usd_in_b": 269.05, "disclosed_usd_out_b": 60.4075, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "CoreWeave", "entity_type": "AI cloud / data center", "degree_centrality": 0.1311475409836065, "betweenness_centrality": 0.1180327868852459, "pagerank": 0.1037166951953004, "disclosed_usd_in_b": 61.85, "disclosed_usd_out_b": 0.35, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Anthropic", "entity_type": "Model lab", "degree_centrality": 0.2131147540983606, "betweenness_centrality": 0.1601548269581056, "pagerank": 0.0612163136584648, "disclosed_usd_in_b": 129.6, "disclosed_usd_out_b": 180.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "AWS", "entity_type": "Cloud", "degree_centrality": 0.0327868852459016, "betweenness_centrality": 0.025455373406193, "pagerank": 0.059614105126911, "disclosed_usd_in_b": 138.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "NVIDIA", "entity_type": "Semiconductor", "degree_centrality": 0.0491803278688524, "betweenness_centrality": 0.0735428051001821, "pagerank": 0.0497809611612485, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 112.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Microsoft Azure", "entity_type": "Cloud", "degree_centrality": 0.0327868852459016, "betweenness_centrality": 0.0030965391621129, "pagerank": 0.0294981085869135, "disclosed_usd_in_b": 30.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "US AI infrastructure", "entity_type": "Infrastructure market", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0267782202748403, "disclosed_usd_in_b": 600.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "xAI", "entity_type": "Model lab", "degree_centrality": 0.0491803278688524, "betweenness_centrality": 0.001639344262295, "pagerank": 0.0265323637386234, "disclosed_usd_in_b": 32.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Fluidstack / US data centers", "entity_type": "Data center project", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0238655369557586, "disclosed_usd_in_b": 50.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Stargate Project", "entity_type": "Infrastructure project", "degree_centrality": 0.0819672131147541, "betweenness_centrality": 0.0540983606557377, "pagerank": 0.0227108769694311, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 600.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Cohere", "entity_type": "Model lab", "degree_centrality": 0.0327868852459016, "betweenness_centrality": 0.0005464480874316, "pagerank": 0.0201794832603766, "disclosed_usd_in_b": 0.6, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Unitree Robotics", "entity_type": "Robotics / application", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0192266831477972, "disclosed_usd_in_b": 0.0208, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "The Alignment Project", "entity_type": "Research fund", "degree_centrality": 0.0327868852459016, "betweenness_centrality": 0.0185792349726775, "pagerank": 0.0138937037645302, "disclosed_usd_in_b": 0.0075, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Alibaba Cloud and AI infrastructure", "entity_type": "Cloud / infrastructure", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0138266027821298, "disclosed_usd_in_b": 53.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "DeepSeek", "entity_type": "Model lab", "degree_centrality": 0.0327868852459016, "betweenness_centrality": 0.0005464480874316, "pagerank": 0.0138266027821298, "disclosed_usd_in_b": 8.0, "disclosed_usd_out_b": 0.0208, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "European AI ecosystem", "entity_type": "Regional AI market", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0138266027821298, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "European AI gigafactories", "entity_type": "Infrastructure program", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0138266027821298, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "IndiaAI Mission", "entity_type": "Public AI program", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0138266027821298, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Mistral AI", "entity_type": "Model lab", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0138266027821298, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "UAE AI Developer Fund", "entity_type": "Public-private fund", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0138266027821298, "disclosed_usd_in_b": 1.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Scale AI", "entity_type": "Data infrastructure", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0105909194579502, "disclosed_usd_in_b": 14.3, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "AMD", "entity_type": "Semiconductor", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0097187988946325, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Broadcom", "entity_type": "Semiconductor", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0097187988946325, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "UK public compute ecosystem", "entity_type": "Public compute program", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0095913491299652, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "AI Research Resource (AIRR)", "entity_type": "Public compute program", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0095913491299652, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Edinburgh national supercomputer", "entity_type": "Public compute asset", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0095913491299652, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "G42", "entity_type": "Sovereign AI / cloud", "degree_centrality": 0.0327868852459016, "betweenness_centrality": 0.0020491803278688, "pagerank": 0.0090680172418005, "disclosed_usd_in_b": 1.5, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Google Cloud and Broadcom", "entity_type": "Cloud + semiconductor", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0085159744395987, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Google Cloud", "entity_type": "Cloud", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0085159744395987, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Cohere investor consortium", "entity_type": "Investor / lender group", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.5, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "ICONIQ-led consortium", "entity_type": "Investor / lender group", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 13.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Government of India", "entity_type": "Government", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "European Union / InvestAI", "entity_type": "Government / public capital", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "EU AI Gigafactory Fund", "entity_type": "Public fund", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "CoreWeave secured lenders", "entity_type": "Investor / lender group", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 2.6, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "CoreWeave revolver syndicate", "entity_type": "Investor / lender group", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 2.5, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Cohere second-close investors", "entity_type": "Investor / lender group", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.1, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Convertible note investors", "entity_type": "Investor / lender group", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 2.6, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Anthropic Series H consortium", "entity_type": "Investor / lender group", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 65.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "ASML-led consortium", "entity_type": "Semiconductor + investors", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Alibaba Group", "entity_type": "Hyperscaler / investor", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 53.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Amazon", "entity_type": "Hyperscaler / investor", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 33.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Microsoft and G42", "entity_type": "Strategic consortium", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 1.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Meta", "entity_type": "Hyperscaler / customer", "degree_centrality": 0.0327868852459016, "betweenness_centrality": 0.0185792349726775, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 35.3, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Jane Street", "entity_type": "Financial institution / customer", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 7.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Lightspeed-led consortium", "entity_type": "Investor / lender group", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 3.5, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "SK Telecom", "entity_type": "Other organization", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.1, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Prospective DeepSeek investor consortium", "entity_type": "Investor / lender group", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 8.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Oracle", "entity_type": "Cloud / investor", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "OpenAI bank syndicate", "entity_type": "Investor / lender group", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 4.7, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "OpenAI 2026 investor consortium", "entity_type": "Investor / lender group", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 122.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "MGX", "entity_type": "Sovereign investor", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Microsoft", "entity_type": "Hyperscaler / investor", "degree_centrality": 0.0491803278688524, "betweenness_centrality": 0.042167577413479, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 7.5, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "SoftBank", "entity_type": "Investor", "degree_centrality": 0.0327868852459016, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 30.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "UK Government", "entity_type": "Government", "degree_centrality": 0.0491803278688524, "betweenness_centrality": 0.001639344262295, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "UK AI Security Institute and partners", "entity_type": "Government / research", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Third-party OpenAI co-investors", "entity_type": "Investor / lender group", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 11.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Senior note investors", "entity_type": "Investor / lender group", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 1.75, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "Zoom Ventures", "entity_type": "Other organization", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 0.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "xAI Series B consortium", "entity_type": "Investor / lender group", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 6.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "xAI Series C consortium", "entity_type": "Investor / lender group", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 6.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." }, { "entity": "xAI Series E consortium", "entity_type": "Investor / lender group", "degree_centrality": 0.0163934426229508, "betweenness_centrality": 0.0, "pagerank": 0.0074737223038829, "disclosed_usd_in_b": 0.0, "disclosed_usd_out_b": 20.0, "caveat": "Selected high-impact network only; not a complete global centrality ranking." } ], "macro": [ { "year": 2024, "geography": "Global", "metric": "corporate_AI_investment", "amount_usd_b": 252.3, "status": "reported", "source_id": "S02", "note": "Includes private investment, M&A, public offerings and minority stakes under Stanford methodology." }, { "year": 2025, "geography": "Global", "metric": "corporate_AI_investment", "amount_usd_b": 581.7, "status": "reported", "source_id": "S01", "note": "Up about 130% YoY." }, { "year": 2025, "geography": "Global", "metric": "private_AI_investment", "amount_usd_b": 344.7, "status": "reported", "source_id": "S01", "note": "Up 127.5% YoY." }, { "year": 2025, "geography": "United States", "metric": "private_AI_investment", "amount_usd_b": 285.9, "status": "reported", "source_id": "S01", "note": "Approximately 82.9% of global visible private investment." }, { "year": 2025, "geography": "China", "metric": "private_AI_investment", "amount_usd_b": 12.4, "status": "reported", "source_id": "S01", "note": "Stanford cautions private-investment data understate state-guided/government capital." } ], "field_dictionary": [ [ "edge_id", "關係邊唯一識別碼" ], [ "source", "資金、承諾或關係的來源實體" ], [ "target", "資金、承諾或關係的接收／目標實體" ], [ "direction", "原始方向文字" ], [ "relation_type", "細部關係類型" ], [ "relation_group", "網站用七類關係分組" ], [ "announcement_date", "公告或交易日期" ], [ "amount_original", "來源所載原始金額或原始口徑" ], [ "currency", "原始幣別" ], [ "amount_native_b", "十億原幣單位" ], [ "amount_usd_b", "可比較美元十億值；僅在有明確依據時填寫" ], [ "amount_qualifier", "exact、up to、committed、undrawn、planned、undisclosed 等限定詞" ], [ "status", "交易／承諾狀態" ], [ "round_or_contract", "融資輪次或契約類型" ], [ "post_money_valuation_original", "原始投後估值" ], [ "post_money_valuation_usd_b", "投後估值美元十億值" ], [ "ownership_or_instrument", "持股、權證、董事席位或其他金融工具" ], [ "capacity_gw", "相關算力／資料中心容量（GW）" ], [ "tenor_or_end_date", "期限或到期日" ], [ "circularity_flag", "供應商兼投資人、客戶持股、長約支撐資產融資等循環標籤" ], [ "double_count_group", "同輪、母子項或累計金額的去重群組" ], [ "include_in_cross_edge_sum", "是否可納入同質、去重後跨邊加總" ], [ "confidence_score", "資料可信度 1–5" ], [ "evidence_class", "第一方、研究彙整或媒體報導" ], [ "source_id", "來源目錄識別碼" ], [ "source_title", "來源標題" ], [ "source_url", "原始來源連結" ], [ "public_private", "來源為公開或非公開" ], [ "last_verified", "最後核對日期" ], [ "notes", "必要限制與解釋註記" ] ] }