AI Bubble Monitor · Grafo economico della filiera AI

Flussi diretti documentati tra L1, L2 e L3 · osservato 2026-07-31T05:09:55+02:00

66
aziende
53
quotate
13
non quotate
53
relazioni curate
investimentoforniturapagamento/commitment● verde: quotata● rosso: non quotataClick: focus · Hover 2 secondi: prodotti e rapporto diretto · Esc: reset
Leggere gli importi per natura. Investimento, contratto massimo, commitment pluriennale, cloud credit e capex non sono sommabili. Una doppia freccia fornitura/pagamento descrive lo stesso contratto da due direzioni e non va conteggiata due volte.
Grafo economico della filiera AILaboratori e piattaforme L1 collegati a fornitori L2 e L3, investimenti e impegni commerciali.CAPITALE STRATEGICO ESTERNO ALLA TASSONOMIA L1/L2/L3L1 · MODELLI, APPLICAZIONI E PIATTAFORMEL2 · COMPUTE, CLOUD, SERVER, NETWORKING E DATACENTERL3 · FOUNDRY, MEMORIA, EQUIPMENT, EDA ED ENERGIAUSD 1BUSD 250BUSD 30BUSD 50BUSD 30BUSD 138B10 GW6 GW4.5 GW10 GWUSD 13B cumulativiUSD 20B> USD 100BUSD 5BUSD 10BUSD 30Btens of USD Bmultiple GWUSD 50B project*USD 22.4BUSD 350MEUR 1.3B100k GPUs100k-GPU clusterUSD 13.79BUSD 800M5 yearsUSD 100MUSD 500B envelopeSoftBank Group9984.TMGXNON QUOTATAOpenAINON QUOTATAAnthropicNON QUOTATAxAINON QUOTATAMistral AINON QUOTATADatabricksNON QUOTATAScale AINON QUOTATAStability AINON QUOTATADeepSeekNON QUOTATAMoonshot AI / KimiNON QUOTATACohereNON QUOTATAMicrosoftMSFTAmazonAMZNAlphabetGOOGL / GOOGMeta PlatformsMETAOracleORCLPalantirPLTRSnowflakeSNOWServiceNowNOWC3.aiAIAlibabaBABA / 9988.HKTencent0700.HKBaiduBIDU / 9888.HKNVIDIANVDAAMDAMDBroadcomAVGOArm HoldingsARMArista NetworksANETCisco SystemsCSCOVertivVRTSuper Micro ComputerSMCIDell TechnologiesDELLMarvell TechnologyMRVLCoreWeaveCRWVFluidstackNON QUOTATAThe Stargate ProjectNON QUOTATANebius GroupNBISApplied DigitalAPLDIRENIRENCore ScientificCORZAstera LabsALABCredo TechnologyCRDOEquinixEQIXDigital RealtyDLRIntelINTCQualcommQCOMTSMCTSM / 2330.TWMicron TechnologyMUSK Hynix000660.KSSamsung Electronics005930.KSASMLASMLApplied MaterialsAMATLam ResearchLRCXKLAKLACTokyo Electron8035.TAdvantest6857.TSynopsysSNPSCadence Design SystemsCDNSConstellation EnergyCEGVistraVSTGE VernovaGEVEatonETNSchneider ElectricSU.PASMIC0981.HKCambricon Technologies688256.SS

Registro relazioni e fonti

DaRelazioneAImportoNaturaDataFonteConf.Nota
Microsoftinvests_inOpenAIUSD 1Bcash_and_compute2019-07-22MicrosofthighAnnounced investment; source states USD 1 billion.
MicrosoftsuppliesOpenAIUSD 250Bcloud_compute2025-10-28OpenAIhighIncremental USD 250B contracted Azure services; commitment, not recognized revenue.
OpenAIpays_or_commits_toMicrosoftUSD 250Bpurchase_commitment2025-10-28OpenAIhighMoney-flow view of azure-openai; do not sum both edges.
SoftBank Groupinvests_inOpenAIUSD 30Bequity2026OpenAIhighPart of OpenAI's announced USD 110B round; do not add it again to the round total.
Amazoninvests_inOpenAIUSD 50Bequity2026-02-27OpenAIhighUSD 15B initial plus USD 35B subject to conditions; part of the announced USD 110B round.
NVIDIAinvests_inOpenAIUSD 30Bequity2026OpenAIhighPart of the USD 110B round. A prior up-to-USD 100B infrastructure LOI is not added.
AmazonsuppliesOpenAIUSD 138Bcloud_compute_contract2026-02-27OpenAIhighUSD 38B original agreement plus USD 100B expansion over eight years; not recognized revenue.
OpenAIpays_or_commits_toAmazonUSD 138Bpurchase_commitment2026-02-27OpenAIhighMoney-flow view of aws-openai-supply; do not sum both edges. Includes about 2GW Trainium capacity.
NVIDIAsuppliesOpenAI10 GWaccelerator_systems2025-09-22NVIDIAhighLetter of intent for at least 10GW; purchase value not disclosed.
AMDsuppliesOpenAI6 GWaccelerator_systems2025-10-06OpenAIhighAMD also issued a milestone-based warrant for up to 160M AMD shares; not valued here.
OraclesuppliesOpenAI4.5 GWdatacenter_capacity2025-07-22OpenAIhighAdditional Stargate capacity under development; monetary value not disclosed.
BroadcomsuppliesOpenAI10 GWcustom_accelerators_and_networking2025-10-13BroadcomhighCo-developed accelerators and networking; monetary value not disclosed.
Amazoninvests_inAnthropicUSD 13B cumulativiequity2026-04-20AnthropichighCumulative total after a new USD 5B investment; Amazon remains a minority investor.
Amazoninvests_inAnthropicUSD 20Bequity2026-04-20AmazonhighUp to USD 20B future investment tied to commercial milestones; not funded capital as of announcement.
AmazonsuppliesAnthropic> USD 100Bcloud_compute_commitment2026-04-20AnthropichighMore than USD 100B over ten years for up to 5GW; AWS is primary cloud/training provider.
Anthropicpays_or_commits_toAmazon> USD 100Bpurchase_commitment2026-04-20AnthropichighMoney-flow view of aws-anthropic; do not sum both edges.
Microsoftinvests_inAnthropicUSD 5Bequity2025-11-18AnthropichighMicrosoft committed to invest up to USD 5B.
NVIDIAinvests_inAnthropicUSD 10Bequity2025-11-18AnthropichighNVIDIA committed to invest up to USD 10B.
MicrosoftsuppliesAnthropicUSD 30Bcloud_compute_commitment2025-11-18AnthropichighAnthropic committed to purchase USD 30B Azure capacity plus up to 1GW additional compute.
Anthropicpays_or_commits_toMicrosoftUSD 30Bpurchase_commitment2025-11-18AnthropichighMoney-flow view of azure-anthropic-supply; do not sum both edges.
AlphabetsuppliesAnthropictens of USD Btpu_cloud_compute2025-10-23AnthropichighUp to one million TPUs. Source says 'tens of billions'; no fabricated point estimate.
BroadcomsuppliesAnthropicmultiple GWjoint_google_broadcom_tpu_capacity2026-04-06AnthropichighJoint Google/Broadcom next-generation TPU agreement; no vendor-level money or GW allocation disclosed.
FluidstacksuppliesAnthropicUSD 50B project*datacenter_delivery2025-11-12AnthropichighUSD 50B is Anthropic's total U.S. infrastructure program, not a disclosed payment or allocation to Fluidstack.
NVIDIAsuppliesCoreWeaveimporto non pubblicoaccelerator_purchasesn.d.CoreWeave SEC filinghighCoreWeave purchases NVIDIA accelerators; use filing-level values when added.
CoreWeavesuppliesOpenAIUSD 22.4Bcontract_value2025-09-25CoreWeave IRhighUSD 11.9B initial plus USD 4B and USD 6.5B expansions; approximate maximum, not recognized revenue.
OpenAIpays_or_commits_toCoreWeaveUSD 22.4Bpurchase_commitment2025-09-25CoreWeave IRhighMoney-flow view of the same contract as coreweave-openai-supply; do not sum both edges.
OpenAIinvests_inCoreWeaveUSD 350Mequity2025-03-10CoreWeave IRhighOpenAI received CoreWeave stock worth USD 350M in the initial transaction.
ASMLinvests_inMistral AIEUR 1.3Bequity2025-09-09ASMLhighASML invested EUR 1.3B and disclosed approximately 11% fully diluted ownership.
MicrosoftsuppliesMistral AIimporto non pubblicocloud_compute_and_distribution2024-02-26Microsoft AzurehighAzure supercomputing and model distribution; spend and credits undisclosed.
NVIDIAsuppliesxAI100k GPUsgpu_and_network_stack2024-12-23xAIhigh100,000 Hopper GPUs operational; 200,000 combined target was prospective. Spend undisclosed.
Super Micro ComputersuppliesxAI100k-GPU clusterserver_and_liquid_cooling2024-10-25SupermicrohighSupermicro helped build the same 100,000-GPU Colossus cluster; do not add to NVIDIA GPU count.
NVIDIAinvests_inxAIimporto non pubblicoequity_round_participation2026-01-06xAIhighNVIDIA participated in xAI Series C and USD 20B Series E; individual allocation undisclosed.
AMDinvests_inxAIimporto non pubblicoequity_round_participation2024-12-23xAIhighAMD participated in the USD 6B Series C; individual allocation undisclosed.
Cisco Systemsinvests_inxAIimporto non pubblicoequity_round_participation2026-01-06xAIhighCisco Investments participated in the USD 20B Series E; individual allocation undisclosed.
Meta Platformsinvests_inScale AIUSD 13.79Bequity2025-06Meta Q2 2025 Form 10-QhighNon-voting minority equity amount booked by Meta; not the broader headline transaction total.
Scale AIsuppliesMeta Platformsimporto non pubblicodata_and_ai_services2025-06-18Scale AIhighCommercial relationship extended; contract amount, duration and exclusivity undisclosed.
Alibabainvests_inMoonshot AI / KimiUSD 800Mpreferred_equity2024-05-23Alibaba FY2024 filinghighAlibaba disclosed approximately USD 0.8B (RMB 5.9B) for approximately 36% of Moonshot. Same investment in two currencies; not the total funding round and ownership may later dilute.
AlibabasuppliesMoonshot AI / Kimiimporto non pubblicocloud_infrastructure2025Alibaba CloudhighMoonshot/Kimi uses Alibaba Cloud ACK, ACS, OSS, ECS and SLS for data processing, compute, storage and observability. This does not prove exclusivity or the entire training stack.
AnthropicsuppliesDatabricks5 yearsmodel_distribution2025-03-26DatabrickshighClaude models supplied natively through Databricks; dollar value undisclosed.
Databrickspartners_withOpenAIUSD 100Mpartnership_value2025-09-25DatabrickshighUSD 100M partnership value; payment direction undisclosed, so not classified as either party's spend.
AMDsuppliesCohereimporto non pubblicogpu_infrastructure2025-09-24AMDhighAMD compute support for Cohere; committed volume and spend undisclosed.
The Stargate ProjectsuppliesOpenAIUSD 500B envelopeproject_envelope2025-01-21OpenAIhighFour-year project-level intent with USD 100B initial deployment; not additive to underlying supplier contracts.
SoftBank Groupinvests_inThe Stargate Projectimporto non pubblicoequity_funding2025-01-21OpenAIhighInitial equity funder; individual allocation undisclosed.
OpenAIinvests_inThe Stargate Projectimporto non pubblicoequity_funding2025-01-21OpenAIhighInitial equity funder and operational lead; individual allocation undisclosed.
Oracleinvests_inThe Stargate Projectimporto non pubblicoequity_funding2025-01-21OpenAIhighInitial equity funder; individual allocation undisclosed.
MGXinvests_inThe Stargate Projectimporto non pubblicoequity_funding2025-01-21OpenAIhighInitial equity funder; individual allocation undisclosed.
TSMCsuppliesNVIDIAimporto non pubblicofoundry_and_packagingn.d.NVIDIA annual reporthighDirect manufacturing dependency; customer-specific amount unavailable.
SK HynixsuppliesNVIDIAimporto non pubblicohbm_memoryn.d.SK Hynix IRmediumHBM supply relationship; exact value unavailable.
Micron TechnologysuppliesNVIDIAimporto non pubblicohbm_memoryn.d.Micron IRmediumHBM qualification/supply relationship; exact value unavailable.
ASMLsuppliesTSMCimporto non pubblicolithography_equipmentn.d.ASML annual reporthighDirect equipment relationship; amount unavailable.
SynopsyssuppliesNVIDIAimporto non pubblicoeda_and_ipn.d.SynopsysmediumEDA/IP relationship; contract value unavailable.
Cadence Design SystemssuppliesNVIDIAimporto non pubblicoeda_softwaren.d.CadencemediumEDA relationship; contract value unavailable.
Constellation EnergysuppliesMicrosoftimporto non pubblicopower_purchase_agreement2024-09-20Constellation Energyhigh20-year power purchase agreement; monetary value not disclosed.