The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Research · Q1

Destination · purchased compute capacity (services)

$398.2B tracked across 26 claim(s) (+13 more without a settled point figure — see members) (+2 reported, not closed, $45.0B point figure, not in the total — see members)

Sum of point-figure, USD-denominated flow claims tagged Destination · purchased compute capacity (services) in the money-flow graph, leaving out claims with no realization status (reported, not closed) and guarantees (contingent).

Aggregate of 41 member claims — each member's sourced figures are below.

the working

Basis

Sum of point-figure, USD-denominated flow claims tagged Destination · purchased compute capacity (services) in the money-flow graph, leaving out claims with no realization status (reported, not closed) and guarantees (contingent).

The pieces 41

Every claim that fed this total, plus any that couldn't be summed — click a row for its own sourcing.

FlowAs ofAmount
Anthropic → unnamed vendor(s) — purchased compute capacity (services) vendor unnamed$125.2B
Anthropic → Amazon2026-10-26T00:00:00Z$110.0B
Anthropic → Nscale2026-08-26T00:00:00Z$45.0B
Anthropic → Microsoft2026-10-26T00:00:00Z$44.9B
Anthropic → Lambda2026-08-31T00:00:00Z$35.0B
Anthropic → Rum Group2026-09-14T00:00:00Z$13.7B
Anthropic → Akamai2026-09-24T00:00:00Z$11.6B
Jane Street → CoreWeave2026-04-01T00:00:00Z$6.0B
Anthropic → xAI2026-05-20T00:00:00Z$1.2B
Nvidia → Nscale2025-07-01T00:00:00Z$1.2B
Nvidia → Genesis Mission Consortium2026-10-08T00:00:00Z$1.0B
Google → xAI2026-10-01T00:00:00Z$920.0M
Cohere → Boost Run2026-09-30T00:00:00Z$525.6M
AMD → Genesis Mission Consortium2026-10-08T00:00:00Z$500.0M
Recursive → Amazon2026-06-01T00:00:00Z$410.0M
OpenAI → Genesis Mission Consortium2026-10-08T00:00:00Z$200.0M
Google → Genesis Mission Consortium2026-10-08T00:00:00Z$150.0M
Anthropic → Genesis Mission Consortium2026-10-08T00:00:00Z$150.0M
AMP → Genesis Mission Consortium2026-10-08T00:00:00Z$100.0M
Emerald AI → Genesis Mission Consortium2026-10-08T00:00:00Z$100.0M
Power Champion Investment Limited → AZIO AI Holdings2026-10-09T00:00:00Z$90.0M
Amazon → Genesis Mission Consortium2026-10-08T00:00:00Z$50.0M
Crusoe → Genesis Mission Consortium2026-10-08T00:00:00Z$50.0M
Micron → Genesis Mission Consortium2026-10-08T00:00:00Z$50.0M
Armada → Genesis Mission Consortium2026-10-08T00:00:00Z$50.0M
Bytedance → Nscale2026-09-23T00:00:00Z$24.0M
Anthropic → Nscale in talksin talks, not counted
Anthropic → Amazonnot summed
Anthropic → Google2026-10-26T00:00:00Znot summed
Anthropic → unnamed vendor(s) — purchased compute capacity (services) vendor unnamed in talksin talks, not counted
Anthropic → Microsoftnot summed
Anthropic → SpaceXAI2026-10-26T00:00:00Znot summed
Anthropic → Googlenot summed
Softbank → SB Energynot summed
Anthropic → Akamai2026-09-24T00:00:00Znot summed
Anthropic → Google2025-10-23T00:00:00Znot summed
Nvidia → CoreWeavenot summed
Tencent → Oracle2026-09-30T00:00:00Znot summed
Microsoft → Nscalenot summed
Anthropic → xAInot summed
Jane Street → Crusoe2026-09-03T00:00:00Znot summed
Total (settled figures only)$398.2B

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 Research · Q1.