The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Frontier lab

Capital · in

across 7 members — open each for the figure + sources

about Frontier lab

aggregate of member nodes

Aggregate of 7 member claims — each member's sourced figures are below.


the working

Basis

aggregate of member nodes

Member claims 7

This is an aggregate — its evidence is the members' own claims.

  • Anthropic funding rounds dominate ($65B H + $30B G within ~7 months) + revenue >$5B/yr run-rate
  • OpenAI funding rounds ($40B Apr-2025; ~$110-122B Feb-Apr 2026) + revenue ~$12B/yr annualized …
  • Mistral AI VC + strategic-industrial funding rounds (ASML $1.5B / ~11% in the €2B round); Accenture …
  • DeepSeek High-Flyer hedge-fund backing + the $7-7.4B first external round (Jun-2026, closed) + an …
  • Alibaba commerce + cloud revenue ~¥1.02T/yr (self-funding); Alibaba Cloud ¥158,132M (~$22B, +34% …
  • SpaceXAI IPO $75B (Jun-2026); Starlink $11.4B revenue FY2025; Colossus compute leases (Anthropic …
  • Deepmind no independent inflows — funded entirely by Alphabet parent; DeepMind cannot raise capital …

Threads 0

No thread tagged to this actor yet.

A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Frontier lab.