FEATURED — FULL NOTE
OpenAI
LAYER: FRONTIER LABS (THE PRIVATE GIANTS) · PRIVATE
$110B raised at a $730B valuation (2026) — Amazon $50B, NVIDIA $30B, SoftBank $30B; co-lead of the $500B Stargate build.
2026 · Cloud Wars
SAME LAYER: FRONTIER LABS (THE PRIVATE GIANTS)
AnthropicxAISafe SuperintelligenceMistralDeepSeekCohere (private)AI21 (private)Perplexity (private)Scale AI (Meta-aligned)Thinking Machines Lab (private)
INFORMATIONAL ONLY — not investment advice. Full disclaimer.