Capital · out

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 compute drawdowns across Amazon/Google/Azure/Akamai; net burn not disclosed (the …
OpenAI ~$8-9B net loss 2025 + phased compute drawdowns; planned spend ~$115B through 2029; …
Mistral AI datacenter buildout ($830M, Mar-2026, no disclosed multi-year horizon); plus a Jul-21-2026 …
DeepSeek lean compute — training costs cited in low-single-digit $M; no confirmed large external …
Alibaba ~¥380B AI buildout capex depressing operating income; state 'national team' ~$8.9B equity …
SpaceXAI cash drew down ~$9B over a quarter; Colossus buildout capex; xAI operating losses inside …
Deepmind R&D spend consolidated inside Alphabet; Gemini serving/inference costs embedded across …

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