{
  "nodes": [
    {
      "id": "nvidia",
      "name": "NVIDIA",
      "kind": "chips",
      "x": 370,
      "y": 230,
      "color": "#8cae94",
      "desc": "GPU and networking supplier. Public company (NVDA). Company-wide value is not a pure measure of AI exposure.",
      "valuation": {
        "basis": "public",
        "value": 5434,
        "date": "2026-09-25",
        "source": "nvidiaCap"
      },
      "type": "chips",
      "short_name": "NVIDIA",
      "one_liner": "GPU and networking supplier. Public company (NVDA). Company-wide value is not a pure measure of AI exposure.",
      "sources": [
        {
          "label": "openai.com",
          "url": "https://openai.com/index/openai-nvidia-systems-partnership/",
          "verified_at": "2026-10-04"
        },
        {
          "label": "openai.com",
          "url": "https://openai.com/index/scaling-ai-for-everyone/",
          "verified_at": "2026-10-04"
        },
        {
          "label": "sec.gov",
          "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962826000044/crwv-20260123.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "nvidianews.nvidia.com",
          "url": "https://nvidianews.nvidia.com/news/nvidia-and-coreweave-strengthen-collaboration-to-accelerate-buildout-of-ai-factories",
          "verified_at": "2026-10-04"
        },
        {
          "label": "sec.gov",
          "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962825000047/crwv-20250909.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "blogs.nvidia.com",
          "url": "https://blogs.nvidia.com/blog/tsmc-blackwell-manufacturing/",
          "verified_at": "2026-10-04"
        },
        {
          "label": "blogs.microsoft.com",
          "url": "https://blogs.microsoft.com/blog/2025/11/18/microsoft-nvidia-and-anthropic-announce-strategic-partnerships/",
          "verified_at": "2026-10-04"
        },
        {
          "label": "NVIDIA · xAI Colossus",
          "url": "https://nvidianews.nvidia.com/news/spectrum-x-ethernet-networking-xai-colossus",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "NVIDIA · Infrastructure partnerships",
          "url": "https://nvidianews.nvidia.com/news/nvidia-partners-ai-infrastructure-america",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "NVIDIA · Infrastructure partnerships",
          "url": "https://nvidianews.nvidia.com/news/nvidia-partners-ai-infrastructure-america",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "OpenAI · Funding round",
          "url": "https://openai.com/index/accelerating-the-next-phase-ai/",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "NVIDIA FY2026 Q2 10-Q",
          "url": "https://www.sec.gov/Archives/edgar/data/1045810/000104581025000209/nvda-20250727.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "Cyberspace Administration of China: H20 information request",
          "url": "https://www.cac.gov.cn/2025-07/31/c_1755675743897163.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "SAMR: further NVIDIA investigation",
          "url": "https://www.samr.gov.cn/xw/zj/art/2025/art_66b8363c3a194ba0a394a843d6cf3fd1.html",
          "verified_at": "2026-10-04"
        },
        {
          "label": "NVIDIA board biography",
          "url": "https://www.nvidia.com/en-us/about-nvidia/board-of-directors/jensen-huang/",
          "verified_at": "2026-10-04"
        },
        {
          "label": "NVIDIA · acquisition Form 8-K",
          "url": "https://www.sec.gov/Archives/edgar/data/1045810/000104581026000078/nvda-20260902.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "NVIDIA · Hugging Face agreement",
          "url": "https://blogs.nvidia.com/blog/nvidia-to-acquire-hugging-face/",
          "verified_at": "2026-10-04"
        },
        {
          "label": "Nscale · convertible financing",
          "url": "https://www.nscale.com/press-releases/pre-ipo-convertible-financing",
          "verified_at": "2026-10-04"
        }
      ],
      "market_cap_usd": 5434000000000,
      "market_cap_date": "2026-09-25"
    },
    {
      "id": "openai",
      "name": "OpenAI",
      "kind": "lab",
      "x": 205,
      "y": 140,
      "color": "#a392d0",
      "desc": "Frontier models and applications. Microsoft remains a major shareholder and primary cloud partner under the April 2026 agreement.",
      "valuation": {
        "basis": "private",
        "value": 852,
        "date": "2026-03-31",
        "source": "openaiRound"
      },
      "type": "lab",
      "short_name": "OpenAI",
      "one_liner": "Frontier models and applications. Microsoft remains a major shareholder and primary cloud partner under the April 2026 agreement.",
      "sources": [
        {
          "label": "openai.com",
          "url": "https://openai.com/index/openai-nvidia-systems-partnership/",
          "verified_at": "2026-10-04"
        },
        {
          "label": "openai.com",
          "url": "https://openai.com/index/scaling-ai-for-everyone/",
          "verified_at": "2026-10-04"
        },
        {
          "label": "ir.amd.com",
          "url": "https://ir.amd.com/financial-information/sec-filings/content/0001193125-25-230895/d28189dex991.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "ir.amd.com",
          "url": "https://ir.amd.com/financial-information/sec-filings/content/0001193125-25-230895/d28189d8k.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "investing.com",
          "url": "https://www.investing.com/news/stock-market-news/openai-oracle-sign-300-billion-computing-deal-wsj-reports-4234251",
          "verified_at": "2026-10-04"
        },
        {
          "label": "coreweave.com",
          "url": "https://www.coreweave.com/news/coreweave-expands-agreement-with-openai-by-up-to-6-5b",
          "verified_at": "2026-10-04"
        },
        {
          "label": "openai.com",
          "url": "https://openai.com/index/openai-and-broadcom-announce-strategic-collaboration/",
          "verified_at": "2026-10-04"
        },
        {
          "label": "sec.gov",
          "url": "https://www.sec.gov/Archives/edgar/data/789019/000119312525256310/msft-ex99_2.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "sec.gov",
          "url": "https://www.sec.gov/Archives/edgar/data/789019/000119312525256310/msft-ex99_2.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "group.softbank",
          "url": "https://group.softbank/en/news/press/20261001",
          "verified_at": "2026-10-04"
        },
        {
          "label": "Microsoft · Updated OpenAI agreement",
          "url": "https://blogs.microsoft.com/blog/2026/04/27/the-next-phase-of-the-microsoft-openai-partnership/",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "Microsoft · Updated OpenAI agreement",
          "url": "https://blogs.microsoft.com/blog/2026/04/27/the-next-phase-of-the-microsoft-openai-partnership/",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "OpenAI · Funding round",
          "url": "https://openai.com/index/accelerating-the-next-phase-ai/",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "OpenAI · Funding round",
          "url": "https://openai.com/index/accelerating-the-next-phase-ai/",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "U.S. Government Publishing Office: January 21 remarks",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/pdf/DCPD-202500157.pdf",
          "verified_at": "2026-10-04"
        },
        {
          "label": "OpenAI structure",
          "url": "https://openai.com/our-structure/",
          "verified_at": "2026-10-04"
        }
      ],
      "private_valuation_usd": 852000000000,
      "valuation_date": "2026-03-31"
    },
    {
      "id": "google",
      "name": "Google",
      "kind": "cloud",
      "x": 600,
      "y": 115,
      "color": "#91aacf",
      "desc": "Cloud, custom silicon and frontier models. DeepMind is represented within Google here to avoid double-counting. Alphabet is publicly traded.",
      "valuation": {
        "basis": "public",
        "value": 4171,
        "date": "2026-09-25",
        "source": "googleCap"
      },
      "type": "cloud",
      "short_name": "Google",
      "one_liner": "Cloud, custom silicon and frontier models. DeepMind is represented within Google here to avoid double-counting. Alphabet is publicly traded.",
      "sources": [
        {
          "label": "investors.broadcom.com",
          "url": "https://investors.broadcom.com/static-files/c906d370-921b-4bc2-bb7b-57877dfcf1ae",
          "verified_at": "2026-10-04"
        },
        {
          "label": "finance.yahoo.com",
          "url": "https://finance.yahoo.com/sectors/technology/articles/google-plans-invest-40-billion-160144468.html",
          "verified_at": "2026-10-04"
        },
        {
          "label": "NVIDIA · Infrastructure partnerships",
          "url": "https://nvidianews.nvidia.com/news/nvidia-partners-ai-infrastructure-america",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "Anthropic · Series H",
          "url": "https://www.anthropic.com/news/series-h",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "Alphabet 2026 proxy",
          "url": "https://www.sec.gov/Archives/edgar/data/1652044/000130817926000342/goog-20260424.htm",
          "verified_at": "2026-10-04"
        }
      ],
      "market_cap_usd": 4171000000000,
      "market_cap_date": "2026-09-25"
    },
    {
      "id": "anthropic",
      "name": "Anthropic",
      "kind": "lab",
      "x": 605,
      "y": 340,
      "color": "#c99b85",
      "desc": "Claude model family and research. AWS investment and cloud commitments connect model development to infrastructure spending.",
      "valuation": {
        "basis": "private",
        "value": 965,
        "date": "2026-05-28",
        "source": "anthropicRound"
      },
      "type": "lab",
      "short_name": "Anthropic",
      "one_liner": "Claude model family and research. AWS investment and cloud commitments connect model development to infrastructure spending.",
      "sources": [
        {
          "label": "blogs.microsoft.com",
          "url": "https://blogs.microsoft.com/blog/2025/11/18/microsoft-nvidia-and-anthropic-announce-strategic-partnerships/",
          "verified_at": "2026-10-04"
        },
        {
          "label": "blogs.microsoft.com",
          "url": "https://blogs.microsoft.com/blog/2025/11/18/microsoft-nvidia-and-anthropic-announce-strategic-partnerships/",
          "verified_at": "2026-10-04"
        },
        {
          "label": "blogs.microsoft.com",
          "url": "https://blogs.microsoft.com/blog/2025/11/18/microsoft-nvidia-and-anthropic-announce-strategic-partnerships/",
          "verified_at": "2026-10-04"
        },
        {
          "label": "finance.yahoo.com",
          "url": "https://finance.yahoo.com/sectors/technology/articles/google-plans-invest-40-billion-160144468.html",
          "verified_at": "2026-10-04"
        },
        {
          "label": "Anthropic · Series H",
          "url": "https://www.anthropic.com/news/series-h",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "Anthropic · Series H",
          "url": "https://www.anthropic.com/news/series-h",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "Anthropic · Series H",
          "url": "https://www.anthropic.com/news/series-h",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "AMD: second-quarter 2026 results and partnership disclosures",
          "url": "https://newsroom.amd.com/news/amd-2q-2026-earnings/",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "Anthropic leadership",
          "url": "https://www.anthropic.com/company/leadership",
          "verified_at": "2026-10-04"
        },
        {
          "label": "Reuters · Broadcom financing terms",
          "url": "https://uk.marketscreener.com/news/broadcom-to-lend-anthropic-up-to-42-billion-to-lease-its-chips-filing-says-ce785ad3de89fe20",
          "verified_at": "2026-10-03T20:03:33.123Z"
        }
      ],
      "private_valuation_usd": 965000000000,
      "valuation_date": "2026-05-28"
    },
    {
      "id": "amd",
      "name": "AMD",
      "kind": "chips",
      "x": 95,
      "y": 270,
      "color": "#92b9a5",
      "desc": "GPU and CPU supplier. Public company (AMD). Its 6 GW OpenAI agreement is a deployment plan, not evidence all capacity is already delivered.",
      "valuation": {
        "basis": "public",
        "value": 1029,
        "date": "2026-09-25",
        "source": "amdCap"
      },
      "type": "chips",
      "short_name": "AMD",
      "one_liner": "GPU and CPU supplier. Public company (AMD). Its 6 GW OpenAI agreement is a deployment plan, not evidence all capacity is already delivered.",
      "sources": [
        {
          "label": "ir.amd.com",
          "url": "https://ir.amd.com/financial-information/sec-filings/content/0001193125-25-230895/d28189dex991.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "ir.amd.com",
          "url": "https://ir.amd.com/financial-information/sec-filings/content/0001193125-25-230895/d28189d8k.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "ir.amd.com",
          "url": "https://ir.amd.com/news-events/press-releases/detail/1245/amd-achieves-first-tsmc-n2-product-silicon-milestone",
          "verified_at": "2026-10-04"
        },
        {
          "label": "AMD: second-quarter 2026 results and partnership disclosures",
          "url": "https://newsroom.amd.com/news/amd-2q-2026-earnings/",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "AMD 2025 10-K",
          "url": "https://www.sec.gov/Archives/edgar/data/2488/000000248826000018/amd-20251227.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "AMD leadership",
          "url": "https://www.amd.com/en/corporate/leadership/lisa-su.html",
          "verified_at": "2026-10-04"
        },
        {
          "label": "AMD · World Labs acquisition agreement",
          "url": "https://www.globenewswire.com/news-release/2026/09/28/3370256/0/en/amd-to-acquire-world-labs-to-advance-the-future-of-ai-compute.html",
          "verified_at": "2026-10-04"
        }
      ],
      "market_cap_usd": 1029000000000,
      "market_cap_date": "2026-09-25"
    },
    {
      "id": "xai",
      "name": "xAI / Grok",
      "kind": "lab",
      "x": 245,
      "y": 390,
      "color": "#a49cb3",
      "desc": "Grok is a model/product family; xAI is the developer. NVIDIA documents a hardware relationship for Colossus. The map does not imply a standalone investable security.",
      "type": "lab",
      "short_name": "xAI / Grok",
      "one_liner": "Grok is a model/product family; xAI is the developer. NVIDIA documents a hardware relationship for Colossus. The map does not imply a standalone investable security.",
      "sources": [
        {
          "label": "NVIDIA · xAI Colossus",
          "url": "https://nvidianews.nvidia.com/news/spectrum-x-ethernet-networking-xai-colossus",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "xAI joins SpaceX",
          "url": "https://x.ai/news/xai-joins-spacex",
          "verified_at": "2026-10-04"
        }
      ],
      "parent_id": "spacex"
    },
    {
      "id": "amazon",
      "name": "Amazon",
      "kind": "cloud",
      "x": 755,
      "y": 240,
      "color": "#b6a581",
      "desc": "AWS provides infrastructure and model distribution. Investments and customer commitments can create concentrated, circular exposure.",
      "valuation": {
        "basis": "public",
        "value": 2693,
        "date": "2026-09-25",
        "source": "amazonCap"
      },
      "type": "cloud",
      "short_name": "Amazon",
      "one_liner": "AWS provides infrastructure and model distribution. Investments and customer commitments can create concentrated, circular exposure.",
      "sources": [
        {
          "label": "pr.tsmc.com",
          "url": "https://pr.tsmc.com/english/news/2968",
          "verified_at": "2026-10-04"
        },
        {
          "label": "Anthropic · Series H",
          "url": "https://www.anthropic.com/news/series-h",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "Anthropic · Series H",
          "url": "https://www.anthropic.com/news/series-h",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "OpenAI · Funding round",
          "url": "https://openai.com/index/accelerating-the-next-phase-ai/",
          "verified_at": "2026-09-26T00:30:09.697Z"
        }
      ],
      "market_cap_usd": 2693000000000,
      "market_cap_date": "2026-09-25"
    },
    {
      "id": "microsoft",
      "name": "Microsoft",
      "kind": "cloud",
      "x": 365,
      "y": 70,
      "color": "#8ea9c6",
      "desc": "Azure, applications and OpenAI partnership. Cloud and investment connections represent different types of economic exposure.",
      "valuation": {
        "basis": "public",
        "value": 3832,
        "date": "2026-09-25",
        "source": "microsoftCap"
      },
      "type": "cloud",
      "short_name": "Microsoft",
      "one_liner": "Azure, applications and OpenAI partnership. Cloud and investment connections represent different types of economic exposure.",
      "sources": [
        {
          "label": "sec.gov",
          "url": "https://www.sec.gov/Archives/edgar/data/789019/000119312525256310/msft-ex99_2.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "sec.gov",
          "url": "https://www.sec.gov/Archives/edgar/data/789019/000119312525256310/msft-ex99_2.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "blogs.microsoft.com",
          "url": "https://blogs.microsoft.com/blog/2025/11/18/microsoft-nvidia-and-anthropic-announce-strategic-partnerships/",
          "verified_at": "2026-10-04"
        },
        {
          "label": "blogs.microsoft.com",
          "url": "https://blogs.microsoft.com/blog/2025/11/18/microsoft-nvidia-and-anthropic-announce-strategic-partnerships/",
          "verified_at": "2026-10-04"
        },
        {
          "label": "NVIDIA · Infrastructure partnerships",
          "url": "https://nvidianews.nvidia.com/news/nvidia-partners-ai-infrastructure-america",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "Microsoft · Updated OpenAI agreement",
          "url": "https://blogs.microsoft.com/blog/2026/04/27/the-next-phase-of-the-microsoft-openai-partnership/",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "Microsoft · Updated OpenAI agreement",
          "url": "https://blogs.microsoft.com/blog/2026/04/27/the-next-phase-of-the-microsoft-openai-partnership/",
          "verified_at": "2026-09-26T00:30:09.697Z"
        },
        {
          "label": "Microsoft executive biography",
          "url": "https://news.microsoft.com/source/exec/satya-nadella/",
          "verified_at": "2026-10-04"
        }
      ],
      "market_cap_usd": 3832000000000,
      "market_cap_date": "2026-09-25"
    },
    {
      "id": "deepseek",
      "name": "DeepSeek",
      "kind": "lab",
      "x": 760,
      "y": 70,
      "color": "#9caae0",
      "desc": "Model developer with public releases and technical reports. No commercial edge has been verified in this selected map; isolation is missing coverage, not evidence of independence.",
      "type": "lab",
      "short_name": "DeepSeek",
      "one_liner": "Model developer with public releases and technical reports. No commercial edge has been verified in this selected map; isolation is missing coverage, not evidence of independence.",
      "sources": []
    },
    {
      "id": "spacex",
      "name": "SpaceX",
      "kind": "capital",
      "color": "#a49cb3",
      "desc": "Parent of xAI following its February 2026 acquisition. Parent and subsidiary values must not be added as separate exposures.",
      "x": 440,
      "y": 420,
      "type": "capital",
      "short_name": "SpaceX",
      "one_liner": "Parent of xAI following its February 2026 acquisition. Parent and subsidiary values must not be added as separate exposures.",
      "sources": [
        {
          "label": "SpaceX leadership",
          "url": "https://ir.spacex.com/leadership/",
          "verified_at": "2026-10-04"
        },
        {
          "label": "xAI joins SpaceX",
          "url": "https://x.ai/news/xai-joins-spacex",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "oracle",
      "name": "Oracle",
      "type": "cloud",
      "one_liner": "Operates cloud computing infrastructure used by AI labs.",
      "short_name": "Oracle",
      "desc": "Operates cloud computing infrastructure used by AI labs.",
      "kind": "cloud",
      "sources": [
        {
          "label": "investing.com",
          "url": "https://www.investing.com/news/stock-market-news/openai-oracle-sign-300-billion-computing-deal-wsj-reports-4234251",
          "verified_at": "2026-10-04"
        },
        {
          "label": "U.S. Government Publishing Office: January 21 remarks",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/pdf/DCPD-202500157.pdf",
          "verified_at": "2026-10-04"
        },
        {
          "label": "Oracle executive biography",
          "url": "https://www.oracle.com/corporate/executives/larry-ellison/",
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    {
      "id": "coreweave",
      "name": "CoreWeave",
      "type": "cloud",
      "one_liner": "Rents GPU computing capacity to AI developers.",
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      "desc": "Rents GPU computing capacity to AI developers.",
      "kind": "cloud",
      "sources": [
        {
          "label": "coreweave.com",
          "url": "https://www.coreweave.com/news/coreweave-expands-agreement-with-openai-by-up-to-6-5b",
          "verified_at": "2026-10-04"
        },
        {
          "label": "sec.gov",
          "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962826000044/crwv-20260123.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "nvidianews.nvidia.com",
          "url": "https://nvidianews.nvidia.com/news/nvidia-and-coreweave-strengthen-collaboration-to-accelerate-buildout-of-ai-factories",
          "verified_at": "2026-10-04"
        },
        {
          "label": "sec.gov",
          "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962825000047/crwv-20250909.htm",
          "verified_at": "2026-10-04"
        }
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    },
    {
      "id": "meta",
      "name": "Meta",
      "type": "lab",
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      "short_name": "Meta",
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      "kind": "lab",
      "sources": [
        {
          "label": "scale.com",
          "url": "https://scale.com/blog/scale-ai-announces-next-phase-of-company-evolution",
          "verified_at": "2026-10-04"
        },
        {
          "label": "Meta leadership and governance",
          "url": "https://investor.atmeta.com/leadership-and-governance/",
          "verified_at": "2026-10-04"
        }
      ]
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    {
      "id": "broadcom",
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      "type": "chips",
      "one_liner": "Designs custom accelerators and networking chips.",
      "short_name": "Broadcom",
      "desc": "Designs custom accelerators and networking chips.",
      "kind": "chips",
      "sources": [
        {
          "label": "openai.com",
          "url": "https://openai.com/index/openai-and-broadcom-announce-strategic-collaboration/",
          "verified_at": "2026-10-04"
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        {
          "label": "investors.broadcom.com",
          "url": "https://investors.broadcom.com/static-files/c906d370-921b-4bc2-bb7b-57877dfcf1ae",
          "verified_at": "2026-10-04"
        },
        {
          "label": "investors.broadcom.com",
          "url": "https://investors.broadcom.com/static-files/752e631c-b5f3-46af-9d67-bdeb658f5fa2",
          "verified_at": "2026-10-04"
        },
        {
          "label": "Reuters · Broadcom financing terms",
          "url": "https://uk.marketscreener.com/news/broadcom-to-lend-anthropic-up-to-42-billion-to-lease-its-chips-filing-says-ce785ad3de89fe20",
          "verified_at": "2026-10-03T20:03:33.123Z"
        }
      ]
    },
    {
      "id": "tsmc",
      "name": "TSMC",
      "type": "fab",
      "one_liner": "Manufactures and packages chips designed by other companies.",
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      "kind": "fab",
      "sources": [
        {
          "label": "blogs.nvidia.com",
          "url": "https://blogs.nvidia.com/blog/tsmc-blackwell-manufacturing/",
          "verified_at": "2026-10-04"
        },
        {
          "label": "ir.amd.com",
          "url": "https://ir.amd.com/news-events/press-releases/detail/1245/amd-achieves-first-tsmc-n2-product-silicon-milestone",
          "verified_at": "2026-10-04"
        },
        {
          "label": "investors.broadcom.com",
          "url": "https://investors.broadcom.com/static-files/752e631c-b5f3-46af-9d67-bdeb658f5fa2",
          "verified_at": "2026-10-04"
        },
        {
          "label": "pr.tsmc.com",
          "url": "https://pr.tsmc.com/english/news/2968",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "softbank",
      "name": "SoftBank",
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      "one_liner": "Invests in technology companies and AI infrastructure.",
      "short_name": "SoftBank",
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      "sources": [
        {
          "label": "group.softbank",
          "url": "https://group.softbank/en/news/press/20261001",
          "verified_at": "2026-10-04"
        },
        {
          "label": "U.S. Government Publishing Office: January 21 remarks",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/pdf/DCPD-202500157.pdf",
          "verified_at": "2026-10-04"
        },
        {
          "label": "SoftBank Group biography",
          "url": "https://group.softbank/en/about/officer/son",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "nscale",
      "name": "Nscale",
      "type": "cloud",
      "one_liner": "Builds and operates AI computing infrastructure.",
      "short_name": "Nscale",
      "desc": "Builds and operates AI computing infrastructure.",
      "kind": "cloud",
      "sources": [
        {
          "label": "Nscale · convertible financing",
          "url": "https://www.nscale.com/press-releases/pre-ipo-convertible-financing",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "hugging-face",
      "name": "Hugging Face",
      "type": "lab",
      "one_liner": "Hosts models, datasets and tools for developers.",
      "short_name": "Hugging Face",
      "desc": "Hosts models, datasets and tools for developers.",
      "kind": "lab",
      "sources": [
        {
          "label": "NVIDIA · acquisition Form 8-K",
          "url": "https://www.sec.gov/Archives/edgar/data/1045810/000104581026000078/nvda-20260902.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "NVIDIA · Hugging Face agreement",
          "url": "https://blogs.nvidia.com/blog/nvidia-to-acquire-hugging-face/",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "world-labs",
      "name": "World Labs",
      "type": "lab",
      "one_liner": "Develops spatial intelligence models.",
      "short_name": "World Labs",
      "desc": "Develops spatial intelligence models.",
      "kind": "lab",
      "sources": [
        {
          "label": "AMD · World Labs acquisition agreement",
          "url": "https://www.globenewswire.com/news-release/2026/09/28/3370256/0/en/amd-to-acquire-world-labs-to-advance-the-future-of-ai-compute.html",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "intel",
      "name": "Intel",
      "type": "chips",
      "one_liner": "Designs processors and operates semiconductor fabrication plants.",
      "short_name": "Intel",
      "desc": "Designs processors and operates semiconductor fabrication plants.",
      "kind": "chips",
      "sources": [
        {
          "label": "Intel 8-K: agreement",
          "url": "https://www.sec.gov/Archives/edgar/data/50863/000005086325000129/intc-20250822.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "Intel 8-K: closing and proceeds",
          "url": "https://www.sec.gov/Archives/edgar/data/50863/000005086325000135/intc-20250827.htm",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "scale",
      "name": "Scale AI",
      "type": "lab",
      "one_liner": "Provides training data and evaluation services.",
      "short_name": "Scale AI",
      "desc": "Provides training data and evaluation services.",
      "kind": "lab",
      "sources": [
        {
          "label": "scale.com",
          "url": "https://scale.com/blog/scale-ai-announces-next-phase-of-company-evolution",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "us",
      "name": "United States",
      "type": "government",
      "one_liner": "Documents federal investment, export policy and official actions.",
      "short_name": "United States",
      "desc": "Documents federal investment, export policy and official actions.",
      "kind": "government",
      "sources": [
        {
          "label": "Intel 8-K: agreement",
          "url": "https://www.sec.gov/Archives/edgar/data/50863/000005086325000129/intc-20250822.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "Intel 8-K: closing and proceeds",
          "url": "https://www.sec.gov/Archives/edgar/data/50863/000005086325000135/intc-20250827.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "U.S. Government Publishing Office: January 21 remarks",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/pdf/DCPD-202500157.pdf",
          "verified_at": "2026-10-04"
        },
        {
          "label": "U.S. Government Publishing Office: January 21 remarks",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/pdf/DCPD-202500157.pdf",
          "verified_at": "2026-10-04"
        },
        {
          "label": "U.S. Government Publishing Office: January 21 remarks",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/pdf/DCPD-202500157.pdf",
          "verified_at": "2026-10-04"
        },
        {
          "label": "NVIDIA FY2026 Q2 10-Q",
          "url": "https://www.sec.gov/Archives/edgar/data/1045810/000104581025000209/nvda-20250727.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "AMD 2025 10-K",
          "url": "https://www.sec.gov/Archives/edgar/data/2488/000000248826000018/amd-20251227.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "BIS: January 15, 2025 controls",
          "url": "https://www.bis.gov/press-release/commerce-strengthens-restrictions-advanced-computing-semiconductors-enhance-foundry-due-diligence-prevent",
          "verified_at": "2026-10-04"
        },
        {
          "label": "White House presidential biography",
          "url": "https://www.whitehouse.gov/administration/donald-j-trump/",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "china",
      "name": "China",
      "type": "government",
      "one_liner": "Documents regulatory actions affecting AI hardware.",
      "short_name": "China",
      "desc": "Documents regulatory actions affecting AI hardware.",
      "kind": "government",
      "sources": [
        {
          "label": "BIS: January 15, 2025 controls",
          "url": "https://www.bis.gov/press-release/commerce-strengthens-restrictions-advanced-computing-semiconductors-enhance-foundry-due-diligence-prevent",
          "verified_at": "2026-10-04"
        },
        {
          "label": "Cyberspace Administration of China: H20 information request",
          "url": "https://www.cac.gov.cn/2025-07/31/c_1755675743897163.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "SAMR: further NVIDIA investigation",
          "url": "https://www.samr.gov.cn/xw/zj/art/2025/art_66b8363c3a194ba0a394a843d6cf3fd1.html",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "sam-altman",
      "name": "Sam Altman",
      "type": "person",
      "parent_id": "openai",
      "one_liner": "Sam Altman is OpenAI's CEO.",
      "short_name": "Sam Altman",
      "desc": "Sam Altman is OpenAI's CEO.",
      "kind": "person",
      "sources": [
        {
          "label": "OpenAI structure",
          "url": "https://openai.com/our-structure/",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "jensen-huang",
      "name": "Jensen Huang",
      "type": "person",
      "parent_id": "nvidia",
      "one_liner": "Jensen Huang is NVIDIA's co-founder, president and CEO.",
      "short_name": "Jensen Huang",
      "desc": "Jensen Huang is NVIDIA's co-founder, president and CEO.",
      "kind": "person",
      "sources": [
        {
          "label": "NVIDIA board biography",
          "url": "https://www.nvidia.com/en-us/about-nvidia/board-of-directors/jensen-huang/",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "dario-amodei",
      "name": "Dario Amodei",
      "type": "person",
      "parent_id": "anthropic",
      "one_liner": "Dario Amodei is Anthropic's co-founder and CEO.",
      "short_name": "Dario Amodei",
      "desc": "Dario Amodei is Anthropic's co-founder and CEO.",
      "kind": "person",
      "sources": [
        {
          "label": "Anthropic leadership",
          "url": "https://www.anthropic.com/company/leadership",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "elon-musk",
      "name": "Elon Musk",
      "type": "person",
      "parent_id": "spacex",
      "one_liner": "Elon Musk is SpaceX's founder and CEO.",
      "short_name": "Elon Musk",
      "desc": "Elon Musk is SpaceX's founder and CEO.",
      "kind": "person",
      "sources": [
        {
          "label": "SpaceX leadership",
          "url": "https://ir.spacex.com/leadership/",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "satya-nadella",
      "name": "Satya Nadella",
      "type": "person",
      "parent_id": "microsoft",
      "one_liner": "Satya Nadella is Microsoft's chairman and CEO.",
      "short_name": "Satya Nadella",
      "desc": "Satya Nadella is Microsoft's chairman and CEO.",
      "kind": "person",
      "sources": [
        {
          "label": "Microsoft executive biography",
          "url": "https://news.microsoft.com/source/exec/satya-nadella/",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "sundar-pichai",
      "name": "Sundar Pichai",
      "type": "person",
      "parent_id": "google",
      "one_liner": "Sundar Pichai is CEO of Alphabet and Google.",
      "short_name": "Sundar Pichai",
      "desc": "Sundar Pichai is CEO of Alphabet and Google.",
      "kind": "person",
      "sources": [
        {
          "label": "Alphabet 2026 proxy",
          "url": "https://www.sec.gov/Archives/edgar/data/1652044/000130817926000342/goog-20260424.htm",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "lisa-su",
      "name": "Lisa Su",
      "type": "person",
      "parent_id": "amd",
      "one_liner": "Lisa Su is AMD's chair and CEO.",
      "short_name": "Lisa Su",
      "desc": "Lisa Su is AMD's chair and CEO.",
      "kind": "person",
      "sources": [
        {
          "label": "AMD leadership",
          "url": "https://www.amd.com/en/corporate/leadership/lisa-su.html",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "mark-zuckerberg",
      "name": "Mark Zuckerberg",
      "type": "person",
      "parent_id": "meta",
      "one_liner": "Mark Zuckerberg is Meta's founder, chairman and CEO.",
      "short_name": "Mark Zuckerberg",
      "desc": "Mark Zuckerberg is Meta's founder, chairman and CEO.",
      "kind": "person",
      "sources": [
        {
          "label": "Meta leadership and governance",
          "url": "https://investor.atmeta.com/leadership-and-governance/",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "masayoshi-son",
      "name": "Masayoshi Son",
      "type": "person",
      "parent_id": "softbank",
      "one_liner": "Masayoshi Son is SoftBank Group's chairman and CEO.",
      "short_name": "Masayoshi Son",
      "desc": "Masayoshi Son is SoftBank Group's chairman and CEO.",
      "kind": "person",
      "sources": [
        {
          "label": "SoftBank Group biography",
          "url": "https://group.softbank/en/about/officer/son",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "larry-ellison",
      "name": "Larry Ellison",
      "type": "person",
      "parent_id": "oracle",
      "one_liner": "Larry Ellison is Oracle's executive chairman and chief technology officer.",
      "short_name": "Larry Ellison",
      "desc": "Larry Ellison is Oracle's executive chairman and chief technology officer.",
      "kind": "person",
      "sources": [
        {
          "label": "Oracle executive biography",
          "url": "https://www.oracle.com/corporate/executives/larry-ellison/",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "donald-trump",
      "name": "Donald Trump",
      "type": "person",
      "parent_id": "us",
      "one_liner": "Donald Trump is President of the United States.",
      "short_name": "Donald Trump",
      "desc": "Donald Trump is President of the United States.",
      "kind": "person",
      "sources": [
        {
          "label": "White House presidential biography",
          "url": "https://www.whitehouse.gov/administration/donald-j-trump/",
          "verified_at": "2026-10-04"
        }
      ]
    },
    {
      "id": "akamai",
      "name": "Akamai",
      "type": "cloud",
      "one_liner": "Runs a content delivery, security and cloud computing network.",
      "short_name": "Akamai",
      "desc": "Runs a content delivery, security and cloud computing network.",
      "kind": "cloud",
      "sources": [
        {
          "label": "Akamai · $11.6B multi-year agreement with Anthropic",
          "url": "https://www.akamai.com/newsroom/press-release/akamai-announces-11-6-billion-multi-year-agreement-with-anthropic-to-support-growing-demand",
          "verified_at": "2026-10-30"
        }
      ]
    }
  ],
  "edges": [
    {
      "id": "nvidia-openai-loi",
      "from": "nvidia",
      "to": "openai",
      "type": "investment",
      "value_usd": 100000000000,
      "date": "2025-09-22",
      "status": "announced",
      "label_plain": "NVIDIA outlined a historical, conditional investment of up to $100B in OpenAI.",
      "value_note": "Historical letter of intent, conditional on deployment. Excluded from current loops and aggregate values to avoid overlap with later financing.",
      "sources": [
        {
          "label": "OpenAI · NVIDIA outlined a historical, conditional investment of up to $100B in OpenAI.",
          "url": "https://openai.com/index/openai-nvidia-systems-partnership/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": true,
      "a": "nvidia",
      "b": "openai",
      "kind": "Investment",
      "text": "NVIDIA outlined a historical, conditional investment of up to $100B in OpenAI. Historical letter of intent, conditional on deployment. Excluded from current loops and aggregate values to avoid overlap with later financing.",
      "source": "deal-nvidia-openai-loi",
      "evidence_grade": "confirmed"
    },
    {
      "id": "nvidia-openai-2026",
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      "to": "openai",
      "type": "investment",
      "value_usd": 30000000000,
      "date": "2026-02-27",
      "status": "announced",
      "label_plain": "NVIDIA announced a $30B investment in OpenAI.",
      "value_note": "Announced investment, not independently verified cash received. The same announcement describes 3 GW of inference and 2 GW of training capacity, without a supply price.",
      "sources": [
        {
          "label": "OpenAI · NVIDIA announced a $30B investment in OpenAI.",
          "url": "https://openai.com/index/scaling-ai-for-everyone/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "nvidia",
      "b": "openai",
      "kind": "Investment",
      "text": "NVIDIA announced a $30B investment in OpenAI. Announced investment, not independently verified cash received. The same announcement describes 3 GW of inference and 2 GW of training capacity, without a supply price.",
      "source": "deal-nvidia-openai-2026",
      "evidence_grade": "confirmed"
    },
    {
      "id": "amd-openai-supply",
      "from": "amd",
      "to": "openai",
      "type": "supply",
      "value_usd": null,
      "date": "2025-10-06",
      "status": "signed",
      "label_plain": "AMD signed an agreement to supply OpenAI with 6 GW of GPUs.",
      "value_note": "Six-gigawatt, multi-generation agreement. Projected supplier revenue is not a disclosed contract price.",
      "sources": [
        {
          "label": "AMD · AMD signed an agreement to supply OpenAI with 6 GW of GPUs.",
          "url": "https://ir.amd.com/financial-information/sec-filings/content/0001193125-25-230895/d28189dex991.htm",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "historical": false,
      "a": "amd",
      "b": "openai",
      "kind": "Supply",
      "text": "AMD signed an agreement to supply OpenAI with 6 GW of GPUs. Six-gigawatt, multi-generation agreement. Projected supplier revenue is not a disclosed contract price.",
      "source": "deal-amd-openai-supply",
      "evidence_grade": "confirmed"
    },
    {
      "id": "amd-openai-warrant",
      "from": "amd",
      "to": "openai",
      "type": "investment",
      "value_usd": null,
      "date": "2025-10-05",
      "status": "completed",
      "label_plain": "AMD issued OpenAI a purchase-dependent warrant for up to 160M AMD shares.",
      "value_note": "Issued warrant, not fully vested: up to 160 million AMD shares at a $0.01 exercise price, subject to purchasing and share-price milestones. AMD is not buying OpenAI equity.",
      "sources": [
        {
          "label": "AMD · AMD issued OpenAI a purchase-dependent warrant for up to 160M AMD shares.",
          "url": "https://ir.amd.com/financial-information/sec-filings/content/0001193125-25-230895/d28189d8k.htm",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "instrument": "warrant",
      "a": "amd",
      "b": "openai",
      "kind": "Investment",
      "text": "AMD issued OpenAI a purchase-dependent warrant for up to 160M AMD shares. Issued warrant, not fully vested: up to 160 million AMD shares at a $0.01 exercise price, subject to purchasing and share-price milestones. AMD is not buying OpenAI equity.",
      "source": "deal-amd-openai-warrant",
      "evidence_grade": "confirmed"
    },
    {
      "id": "oracle-openai",
      "from": "oracle",
      "to": "openai",
      "type": "supply",
      "value_usd": 300000000000,
      "date": "2025-09-10",
      "status": "signed",
      "label_plain": "Oracle reportedly signed about $300B of computing services for OpenAI over roughly five years.",
      "value_note": "Approximately $300B over roughly five years is attributed Reuters/Wall Street Journal reporting. The primary announcement confirms capacity, not that dollar amount.",
      "sources": [
        {
          "label": "Wall Street Journal · OpenAI–Oracle compute deal",
          "url": "https://www.wsj.com/business/openai-oracle-sign-300-billion-computing-deal-among-biggest-in-history-ff27c8fe",
          "verified_at": "2026-10-12T18:14:04.847Z"
        },
        {
          "label": "Reuters · reporting on the Oracle contract",
          "url": "https://www.reuters.com/technology/openai-oracle-sign-300-billion-computing-deal-wsj-reports-2025-09-10/",
          "verified_at": "2026-10-06T23:02:29.963Z"
        }
      ],
      "historical": false,
      "a": "oracle",
      "b": "openai",
      "kind": "Supply",
      "text": "Oracle reportedly signed about $300B of computing services for OpenAI over roughly five years. Approximately $300B over roughly five years is attributed Reuters/Wall Street Journal reporting. The primary announcement confirms capacity, not that dollar amount.",
      "source": "deal-oracle-openai",
      "evidence_grade": "reported",
      "contract_period": "Approximately five years",
      "value_basis": "reported_approximate"
    },
    {
      "id": "coreweave-openai",
      "from": "coreweave",
      "to": "openai",
      "type": "supply",
      "value_usd": 22400000000,
      "date": "2025-09-25",
      "status": "signed",
      "label_plain": "CoreWeave contracted up to $22.4B of cumulative computing services for OpenAI.",
      "value_note": "Cumulative maximum contract value: $11.9B in March, $4B in May and $6.5B in September 2025. Component contracts are not added a second time.",
      "sources": [
        {
          "label": "CoreWeave · CoreWeave contracted up to $22.4B of cumulative computing services for OpenAI.",
          "url": "https://www.coreweave.com/news/coreweave-expands-agreement-with-openai-by-up-to-6-5b",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "historical": false,
      "a": "coreweave",
      "b": "openai",
      "kind": "Supply",
      "text": "CoreWeave contracted up to $22.4B of cumulative computing services for OpenAI. Cumulative maximum contract value: $11.9B in March, $4B in May and $6.5B in September 2025. Component contracts are not added a second time.",
      "source": "deal-coreweave-openai",
      "evidence_grade": "confirmed"
    },
    {
      "id": "nvidia-coreweave-investment",
      "from": "nvidia",
      "to": "coreweave",
      "type": "investment",
      "value_usd": 2000000000,
      "date": "2026-01-23",
      "status": "completed",
      "label_plain": "NVIDIA completed a $2B share purchase in CoreWeave.",
      "value_note": "Completed purchase of 22,935,780 shares at $87.20 on January 23, 2026. This is one transaction, not the value of NVIDIA’s entire stake.",
      "sources": [
        {
          "label": "SEC · NVIDIA completed a $2B share purchase in CoreWeave.",
          "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962826000044/crwv-20260123.htm",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "nvidia",
      "b": "coreweave",
      "kind": "Investment",
      "text": "NVIDIA completed a $2B share purchase in CoreWeave. Completed purchase of 22,935,780 shares at $87.20 on January 23, 2026. This is one transaction, not the value of NVIDIA’s entire stake.",
      "source": "deal-nvidia-coreweave-investment",
      "evidence_grade": "confirmed"
    },
    {
      "id": "nvidia-coreweave-supply",
      "from": "nvidia",
      "to": "coreweave",
      "type": "supply",
      "value_usd": null,
      "date": "2026-01-26",
      "status": "announced",
      "label_plain": "CoreWeave agreed to expand its deployment of NVIDIA platforms.",
      "value_note": "Expanded deployment of NVIDIA platforms. Price is undisclosed; the announcement does not establish delivery of all planned systems.",
      "sources": [
        {
          "label": "NVIDIA · CoreWeave agreed to expand its deployment of NVIDIA platforms.",
          "url": "https://nvidianews.nvidia.com/news/nvidia-and-coreweave-strengthen-collaboration-to-accelerate-buildout-of-ai-factories",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "nvidia",
      "b": "coreweave",
      "kind": "Supply",
      "text": "CoreWeave agreed to expand its deployment of NVIDIA platforms. Expanded deployment of NVIDIA platforms. Price is undisclosed; the announcement does not establish delivery of all planned systems.",
      "source": "deal-nvidia-coreweave-supply",
      "evidence_grade": "confirmed"
    },
    {
      "id": "coreweave-nvidia-capacity",
      "from": "coreweave",
      "to": "nvidia",
      "type": "supply",
      "value_usd": 6300000000,
      "date": "2025-09-09",
      "status": "signed",
      "label_plain": "CoreWeave agreed to provide NVIDIA with residual unsold cloud capacity.",
      "value_note": "Initial order value; NVIDIA gets residual unsold cloud capacity; provider direction CoreWeave→NVIDIA, not reverse.",
      "sources": [
        {
          "label": "SEC · CoreWeave agreed to provide NVIDIA with residual unsold cloud capacity.",
          "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962825000047/crwv-20250909.htm",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "coreweave",
      "b": "nvidia",
      "kind": "Supply",
      "text": "CoreWeave agreed to provide NVIDIA with residual unsold cloud capacity. Initial order value; NVIDIA gets residual unsold cloud capacity; provider direction CoreWeave→NVIDIA, not reverse.",
      "source": "deal-coreweave-nvidia-capacity",
      "evidence_grade": "confirmed"
    },
    {
      "id": "broadcom-openai",
      "from": "broadcom",
      "to": "openai",
      "type": "supply",
      "value_usd": null,
      "date": "2025-10-13",
      "status": "announced",
      "label_plain": "Broadcom and OpenAI agreed to develop 10 GW of custom AI accelerators.",
      "value_note": "Planned deployment from the second half of 2026 through 2029. Capacity is a target, not verified delivery.",
      "sources": [
        {
          "label": "OpenAI · Broadcom and OpenAI agreed to develop 10 GW of custom AI accelerators.",
          "url": "https://openai.com/index/openai-and-broadcom-announce-strategic-collaboration/",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "historical": false,
      "a": "broadcom",
      "b": "openai",
      "kind": "Supply",
      "text": "Broadcom and OpenAI agreed to develop 10 GW of custom AI accelerators. Planned deployment from the second half of 2026 through 2029. Capacity is a target, not verified delivery.",
      "source": "deal-broadcom-openai",
      "evidence_grade": "confirmed"
    },
    {
      "id": "broadcom-google",
      "from": "broadcom",
      "to": "google",
      "type": "supply",
      "value_usd": null,
      "date": "2026-04-06",
      "status": "signed",
      "label_plain": "Broadcom signed a long-term agreement to develop and supply Google TPUs.",
      "value_note": "TPU development, supply and networking agreement through up to 2031. No comparable contract price disclosed.",
      "sources": [
        {
          "label": "Broadcom · Broadcom signed a long-term agreement to develop and supply Google TPUs.",
          "url": "https://investors.broadcom.com/static-files/c906d370-921b-4bc2-bb7b-57877dfcf1ae",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "broadcom",
      "b": "google",
      "kind": "Supply",
      "text": "Broadcom signed a long-term agreement to develop and supply Google TPUs. TPU development, supply and networking agreement through up to 2031. No comparable contract price disclosed.",
      "source": "deal-broadcom-google",
      "evidence_grade": "confirmed"
    },
    {
      "id": "tsmc-nvidia",
      "from": "tsmc",
      "to": "nvidia",
      "type": "supply",
      "value_usd": null,
      "date": "2025-10-17",
      "status": "delivered",
      "label_plain": "TSMC began producing NVIDIA Blackwell wafers in Arizona.",
      "value_note": "Blackwell wafer production in Arizona; this record does not price the manufacturing relationship.",
      "sources": [
        {
          "label": "NVIDIA · TSMC began producing NVIDIA Blackwell wafers in Arizona.",
          "url": "https://blogs.nvidia.com/blog/tsmc-blackwell-manufacturing/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "tsmc",
      "b": "nvidia",
      "kind": "Supply",
      "text": "TSMC began producing NVIDIA Blackwell wafers in Arizona. Blackwell wafer production in Arizona; this record does not price the manufacturing relationship.",
      "source": "deal-tsmc-nvidia",
      "evidence_grade": "confirmed"
    },
    {
      "id": "tsmc-amd",
      "from": "tsmc",
      "to": "amd",
      "type": "supply",
      "value_usd": null,
      "date": "2025-04-14",
      "status": "delivered",
      "label_plain": "TSMC produced AMD Venice silicon on its N2 process.",
      "value_note": "N2 silicon milestone, distinct from full planned commercial volume.",
      "sources": [
        {
          "label": "AMD · TSMC produced AMD Venice silicon on its N2 process.",
          "url": "https://ir.amd.com/news-events/press-releases/detail/1245/amd-achieves-first-tsmc-n2-product-silicon-milestone",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "tsmc",
      "b": "amd",
      "kind": "Supply",
      "text": "TSMC produced AMD Venice silicon on its N2 process. N2 silicon milestone, distinct from full planned commercial volume.",
      "source": "deal-tsmc-amd",
      "evidence_grade": "confirmed"
    },
    {
      "id": "tsmc-broadcom",
      "from": "tsmc",
      "to": "broadcom",
      "type": "supply",
      "value_usd": null,
      "date": "2025-11-02",
      "status": "delivered",
      "label_plain": "TSMC manufactured approximately 95% of Broadcom’s outsourced wafers in FY2025.",
      "value_note": "Fiscal 2025 manufacturing disclosure. The date denotes fiscal period end, not the signing of a new contract.",
      "sources": [
        {
          "label": "Broadcom · TSMC manufactured approximately 95% of Broadcom’s outsourced wafers in FY2025.",
          "url": "https://investors.broadcom.com/static-files/752e631c-b5f3-46af-9d67-bdeb658f5fa2",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "tsmc",
      "b": "broadcom",
      "kind": "Supply",
      "text": "TSMC manufactured approximately 95% of Broadcom’s outsourced wafers in FY2025. Fiscal 2025 manufacturing disclosure. The date denotes fiscal period end, not the signing of a new contract.",
      "source": "deal-tsmc-broadcom",
      "evidence_grade": "confirmed"
    },
    {
      "id": "tsmc-amazon",
      "from": "tsmc",
      "to": "amazon",
      "type": "supply",
      "value_usd": null,
      "date": "2022-10-27",
      "status": "delivered",
      "label_plain": "TSMC supplied advanced packaging used for Amazon Trainium production.",
      "value_note": "Documented CoWoS advanced packaging for Trainium. This record does not infer an all-chip fabrication contract.",
      "sources": [
        {
          "label": "TSMC · TSMC supplied advanced packaging used for Amazon Trainium production.",
          "url": "https://pr.tsmc.com/english/news/2968",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "tsmc",
      "b": "amazon",
      "kind": "Supply",
      "text": "TSMC supplied advanced packaging used for Amazon Trainium production. Documented CoWoS advanced packaging for Trainium. This record does not infer an all-chip fabrication contract.",
      "source": "deal-tsmc-amazon",
      "evidence_grade": "confirmed"
    },
    {
      "id": "microsoft-openai-ownership",
      "from": "microsoft",
      "to": "openai",
      "type": "ownership",
      "value_usd": null,
      "date": "2025-10-28",
      "status": "completed",
      "label_plain": "Microsoft held about 27% of OpenAI following its October 2025 recapitalization.",
      "value_note": "Approximately 27% on an as-converted, diluted basis at the recapitalization. The $135B stake valuation is not cash invested or a deal price.",
      "sources": [
        {
          "label": "SEC · Microsoft held about 27% of OpenAI following its October 2025 recapitalization.",
          "url": "https://www.sec.gov/Archives/edgar/data/789019/000119312525256310/msft-ex99_2.htm",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "historical": false,
      "a": "microsoft",
      "b": "openai",
      "kind": "Ownership",
      "text": "Microsoft held about 27% of OpenAI following its October 2025 recapitalization. Approximately 27% on an as-converted, diluted basis at the recapitalization. The $135B stake valuation is not cash invested or a deal price.",
      "source": "deal-microsoft-openai-ownership",
      "evidence_grade": "confirmed"
    },
    {
      "id": "microsoft-openai-compute",
      "from": "microsoft",
      "to": "openai",
      "type": "supply",
      "value_usd": 250000000000,
      "date": "2025-10-28",
      "status": "signed",
      "label_plain": "OpenAI contracted an incremental $250B in Microsoft Azure services.",
      "value_note": "Incremental contracted Azure services. Multi-year commitment, not annual expense or cash already paid.",
      "sources": [
        {
          "label": "SEC · OpenAI contracted an incremental $250B in Microsoft Azure services.",
          "url": "https://www.sec.gov/Archives/edgar/data/789019/000119312525256310/msft-ex99_2.htm",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "historical": false,
      "a": "microsoft",
      "b": "openai",
      "kind": "Supply",
      "text": "OpenAI contracted an incremental $250B in Microsoft Azure services. Incremental contracted Azure services. Multi-year commitment, not annual expense or cash already paid.",
      "source": "deal-microsoft-openai-compute",
      "evidence_grade": "confirmed"
    },
    {
      "id": "softbank-openai",
      "from": "softbank",
      "to": "openai",
      "type": "investment",
      "value_usd": 30000000000,
      "date": "2026-10-01",
      "status": "completed",
      "label_plain": "SoftBank completed its $30B follow-on investment in OpenAI.",
      "value_note": "Completed $30B follow-on round, including a final $10B tranche. Cumulative investment of $64.6B is a different basis and is not added to this round.",
      "sources": [
        {
          "label": "SoftBank · SoftBank completed its $30B follow-on investment in OpenAI.",
          "url": "https://group.softbank/en/news/press/20261001",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "softbank",
      "b": "openai",
      "kind": "Investment",
      "text": "SoftBank completed its $30B follow-on investment in OpenAI. Completed $30B follow-on round, including a final $10B tranche. Cumulative investment of $64.6B is a different basis and is not added to this round.",
      "source": "deal-softbank-openai",
      "evidence_grade": "confirmed"
    },
    {
      "id": "microsoft-anthropic-investment",
      "from": "microsoft",
      "to": "anthropic",
      "type": "investment",
      "value_usd": 5000000000,
      "date": "2025-11-18",
      "status": "announced",
      "label_plain": "Microsoft committed to invest up to $5B in Anthropic.",
      "value_note": "Up to $5B commitment; the announcement alone does not establish receipt of proceeds.",
      "sources": [
        {
          "label": "Microsoft · Microsoft committed to invest up to $5B in Anthropic.",
          "url": "https://blogs.microsoft.com/blog/2025/11/18/microsoft-nvidia-and-anthropic-announce-strategic-partnerships/",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "historical": false,
      "a": "microsoft",
      "b": "anthropic",
      "kind": "Investment",
      "text": "Microsoft committed to invest up to $5B in Anthropic. Up to $5B commitment; the announcement alone does not establish receipt of proceeds.",
      "source": "deal-microsoft-anthropic-investment",
      "evidence_grade": "confirmed"
    },
    {
      "id": "nvidia-anthropic-investment",
      "from": "nvidia",
      "to": "anthropic",
      "type": "investment",
      "value_usd": 10000000000,
      "date": "2025-11-18",
      "status": "announced",
      "label_plain": "NVIDIA committed to invest up to $10B in Anthropic.",
      "value_note": "Up to $10B commitment; the announcement alone does not establish receipt of proceeds.",
      "sources": [
        {
          "label": "Microsoft · NVIDIA committed to invest up to $10B in Anthropic.",
          "url": "https://blogs.microsoft.com/blog/2025/11/18/microsoft-nvidia-and-anthropic-announce-strategic-partnerships/",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "historical": false,
      "a": "nvidia",
      "b": "anthropic",
      "kind": "Investment",
      "text": "NVIDIA committed to invest up to $10B in Anthropic. Up to $10B commitment; the announcement alone does not establish receipt of proceeds.",
      "source": "deal-nvidia-anthropic-investment",
      "evidence_grade": "confirmed"
    },
    {
      "id": "microsoft-anthropic-compute",
      "from": "microsoft",
      "to": "anthropic",
      "type": "supply",
      "value_usd": 30000000000,
      "date": "2025-11-18",
      "status": "signed",
      "label_plain": "Anthropic committed to purchase $30B of Microsoft Azure computing.",
      "value_note": "Azure compute commitment. Additional capacity of up to 1 GW has no separately disclosed price here.",
      "sources": [
        {
          "label": "Microsoft · Anthropic committed to purchase $30B of Microsoft Azure computing.",
          "url": "https://blogs.microsoft.com/blog/2025/11/18/microsoft-nvidia-and-anthropic-announce-strategic-partnerships/",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "historical": false,
      "a": "microsoft",
      "b": "anthropic",
      "kind": "Supply",
      "text": "Anthropic committed to purchase $30B of Microsoft Azure computing. Azure compute commitment. Additional capacity of up to 1 GW has no separately disclosed price here.",
      "source": "deal-microsoft-anthropic-compute",
      "evidence_grade": "confirmed"
    },
    {
      "id": "google-anthropic-investment",
      "from": "google",
      "to": "anthropic",
      "type": "investment",
      "value_usd": 40000000000,
      "date": "2026-04-24",
      "status": "announced",
      "label_plain": "Google reportedly committed up to $40B to Anthropic, including $30B conditional on performance.",
      "value_note": "Attributed reporting: $10B committed initially, with another $30B conditional on performance. Up to $40B is not evidence that all funds were paid.",
      "sources": [
        {
          "label": "Bloomberg · Google investment in Anthropic",
          "url": "https://www.bloomberg.com/news/articles/2026-04-24/google-plans-to-invest-up-to-40-billion-in-anthropic",
          "verified_at": "2026-10-06T23:02:29.963Z"
        },
        {
          "label": "Bloomberg Law · Google investment report",
          "url": "https://news.bloomberglaw.com/private-equity/google-plans-to-invest-up-to-40-billion-in-anthropic",
          "verified_at": "2026-10-06T23:02:29.963Z"
        }
      ],
      "historical": false,
      "a": "google",
      "b": "anthropic",
      "kind": "Investment",
      "text": "Google reportedly committed up to $40B to Anthropic, including $30B conditional on performance. Attributed reporting: $10B committed initially, with another $30B conditional on performance. Up to $40B is not evidence that all funds were paid.",
      "source": "deal-google-anthropic-investment",
      "evidence_grade": "reported",
      "value_basis": "conditional_upper_bound"
    },
    {
      "id": "meta-scale",
      "from": "meta",
      "to": "scale",
      "type": "investment",
      "value_usd": 14300000000,
      "date": "2025-06-12",
      "status": "signed",
      "label_plain": "Meta acquired a minority stake in Scale AI; reporting puts the deal at $14.3B and 49%.",
      "value_note": "The company confirms a minority investment. The $14.3B amount and 49% stake are attributed to Associated Press reporting.",
      "sources": [
        {
          "label": "Scale AI · Meta acquired a minority stake in Scale AI; reporting puts the deal at $14.3B and 49%.",
          "url": "https://scale.com/blog/scale-ai-announces-next-phase-of-company-evolution",
          "verified_at": "2026-10-04"
        },
        {
          "label": "Associated Press · Meta acquired a minority stake in Scale AI; reporting puts the deal at $14.3B and 49%.",
          "url": "https://apnews.com/article/4b55aabf7ea018e38ffdccb66e37cf26",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "meta",
      "b": "scale",
      "kind": "Investment",
      "text": "Meta acquired a minority stake in Scale AI; reporting puts the deal at $14.3B and 49%. The company confirms a minority investment. The $14.3B amount and 49% stake are attributed to Associated Press reporting.",
      "source": "deal-meta-scale",
      "evidence_grade": "reported"
    },
    {
      "a": "nvidia",
      "b": "xai",
      "kind": "Supply",
      "source": "deal-edge-1",
      "text": "NVIDIA GPUs and networking for Colossus; documented October 2024. Dollar amount not disclosed in this tracked source.",
      "id": "edge-1",
      "date": "2024-10-28",
      "from": "nvidia",
      "to": "xai",
      "type": "supply",
      "label_plain": "NVIDIA GPUs and networking for Colossus; documented October 2024.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "signed",
      "sources": [
        {
          "label": "NVIDIA · xAI Colossus",
          "url": "https://nvidianews.nvidia.com/news/spectrum-x-ethernet-networking-xai-colossus",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "a": "nvidia",
      "b": "google",
      "kind": "Supply",
      "source": "deal-edge-2",
      "text": "Google Cloud offerings with NVIDIA Blackwell hardware; October 2025 announcement. Dollar amount not disclosed in this tracked source.",
      "id": "edge-2",
      "date": "2025-10",
      "from": "nvidia",
      "to": "google",
      "type": "supply",
      "label_plain": "Google Cloud offerings with NVIDIA Blackwell hardware; October 2025 announcement.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "announced",
      "sources": [
        {
          "label": "NVIDIA · Infrastructure partnerships",
          "url": "https://nvidianews.nvidia.com/news/nvidia-partners-ai-infrastructure-america",
          "verified_at": "2026-09-26T00:30:09.697Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "a": "nvidia",
      "b": "microsoft",
      "kind": "Supply",
      "source": "deal-edge-3",
      "text": "Azure NVIDIA infrastructure, including a cluster for OpenAI; October 2025 announcement. Dollar amount not disclosed in this tracked source.",
      "id": "edge-3",
      "date": "2025-10",
      "from": "nvidia",
      "to": "microsoft",
      "type": "supply",
      "label_plain": "Azure NVIDIA infrastructure, including a cluster for OpenAI; October 2025 announcement.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "announced",
      "sources": [
        {
          "label": "NVIDIA · Infrastructure partnerships",
          "url": "https://nvidianews.nvidia.com/news/nvidia-partners-ai-infrastructure-america",
          "verified_at": "2026-09-26T00:30:09.697Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "a": "microsoft",
      "b": "openai",
      "kind": "Investment",
      "source": "deal-edge-4",
      "date": "2026-04-27",
      "text": "Microsoft remains a major shareholder under the amended agreement. Dollar amount not disclosed in this tracked source.",
      "id": "edge-4",
      "from": "microsoft",
      "to": "openai",
      "type": "investment",
      "label_plain": "Microsoft remains a major shareholder under the amended agreement.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "announced",
      "sources": [
        {
          "label": "Microsoft · Updated OpenAI agreement",
          "url": "https://blogs.microsoft.com/blog/2026/04/27/the-next-phase-of-the-microsoft-openai-partnership/",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "a": "microsoft",
      "b": "openai",
      "kind": "Partnership",
      "source": "deal-edge-5",
      "date": "2026-04-27",
      "text": "Amended cloud and intellectual-property arrangements. Dollar amount not disclosed in this tracked source.",
      "id": "edge-5",
      "from": "microsoft",
      "to": "openai",
      "type": "partnership",
      "label_plain": "Amended cloud and intellectual-property arrangements.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "signed",
      "sources": [
        {
          "label": "Microsoft · Updated OpenAI agreement",
          "url": "https://blogs.microsoft.com/blog/2026/04/27/the-next-phase-of-the-microsoft-openai-partnership/",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "a": "amazon",
      "b": "anthropic",
      "kind": "Investment",
      "source": "deal-edge-6",
      "date": "2026-05-28",
      "text": "Previously committed $5B from Amazon is included in the Series H financing. Dollar amount not disclosed in this tracked source.",
      "id": "edge-6",
      "from": "amazon",
      "to": "anthropic",
      "type": "investment",
      "label_plain": "Previously committed $5B from Amazon is included in the Series H financing.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "announced",
      "sources": [
        {
          "label": "Anthropic · Series H",
          "url": "https://www.anthropic.com/news/series-h",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "a": "amazon",
      "b": "anthropic",
      "kind": "Supply",
      "source": "deal-edge-7",
      "date": "2026-04-20",
      "text": "Anthropic commits more than $100B to AWS technologies over ten years More than $100B over 10 years. Disclosed lower bound, not an exact total or cash paid.",
      "id": "edge-7",
      "from": "amazon",
      "to": "anthropic",
      "type": "supply",
      "label_plain": "Anthropic commits more than $100B to AWS technologies over ten years",
      "value_usd": 100000000000,
      "value_note": "More than $100B over 10 years. Disclosed lower bound, not an exact total or cash paid.",
      "status": "signed",
      "sources": [
        {
          "label": "Anthropic · Amazon compute agreement",
          "url": "https://www.anthropic.com/news/anthropic-amazon-compute",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "evidence_grade": "confirmed",
      "contract_period": "10 years",
      "value_basis": "lower_bound"
    },
    {
      "a": "google",
      "b": "anthropic",
      "kind": "Supply",
      "source": "deal-edge-8",
      "date": "2026-05-28",
      "text": "Google and Broadcom TPU capacity expansion announced. Dollar amount not disclosed in this tracked source.",
      "id": "edge-8",
      "from": "google",
      "to": "anthropic",
      "type": "supply",
      "label_plain": "Google and Broadcom TPU capacity expansion announced.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "announced",
      "sources": [
        {
          "label": "Anthropic · Series H",
          "url": "https://www.anthropic.com/news/series-h",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "a": "amazon",
      "b": "openai",
      "kind": "Investment",
      "source": "deal-edge-10",
      "date": "2026-03-31",
      "text": "Amazon is an anchor investor in the announced funding round. Dollar amount not disclosed in this tracked source.",
      "id": "edge-10",
      "from": "amazon",
      "to": "openai",
      "type": "investment",
      "label_plain": "Amazon is an anchor investor in the announced funding round.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "announced",
      "sources": [
        {
          "label": "OpenAI · Funding round",
          "url": "https://openai.com/index/accelerating-the-next-phase-ai/",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "a": "nvidia",
      "b": "openai",
      "kind": "Supply",
      "source": "deal-edge-11",
      "date": "2026-03-31",
      "text": "OpenAI describes NVIDIA as the foundation of training and most inference. Dollar amount not disclosed in this tracked source.",
      "id": "edge-11",
      "from": "nvidia",
      "to": "openai",
      "type": "supply",
      "label_plain": "OpenAI describes NVIDIA as the foundation of training and most inference.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "announced",
      "sources": [
        {
          "label": "OpenAI · Funding round",
          "url": "https://openai.com/index/accelerating-the-next-phase-ai/",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "id": "amd-anthropic-capacity",
      "a": "amd",
      "b": "anthropic",
      "kind": "Supply",
      "source": "deal-amd-anthropic-capacity",
      "date": "2026-08-04",
      "verifiedAt": "2026-09-26T20:03:37.888Z",
      "text": "AMD’s August 4 earnings release describes plans for up to 2 GW of Instinct GPUs in Helios racks for Anthropic. Not verified delivered capacity. Dollar amount not disclosed in this tracked source.",
      "from": "amd",
      "to": "anthropic",
      "type": "supply",
      "label_plain": "AMD’s August 4 earnings release describes plans for up to 2 GW of Instinct GPUs in Helios racks for Anthropic. Not verified delivered capacity.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "announced",
      "sources": [
        {
          "label": "AMD · AMD’s August 4 earnings release describes plans for up to 2 GW of Instinct GPUs in Helios racks for Anthropic. Not verified delivered capacity.",
          "url": "https://newsroom.amd.com/news/amd-2q-2026-earnings/",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "id": "us-intel-investment",
      "from": "us",
      "to": "intel",
      "type": "investment",
      "label_plain": "The U.S. government closed its Intel equity agreement; Intel received $5.695B at closing.",
      "date": "2025-08-27",
      "status": "completed",
      "value_usd": 8869800000,
      "value_note": "Total contractual disbursements, not cash received. $5.695 B received at Aug 27 closing; $3.1748 B Secure Enclave disbursements subject to program terms. 274, 583, 000 shares issued; 158, 740, 000 escrowed pending disbursements. Announced 9.9% at transaction date is not a verified current ownership percentage.",
      "sources": [
        {
          "label": "SEC · The U.S. government closed its Intel equity agreement; Intel received $5.695B at closing.",
          "url": "https://www.sec.gov/Archives/edgar/data/50863/000005086325000129/intc-20250822.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "SEC · The U.S. government closed its Intel equity agreement; Intel received $5.695B at closing.",
          "url": "https://www.sec.gov/Archives/edgar/data/50863/000005086325000135/intc-20250827.htm",
          "verified_at": "2026-10-04"
        }
      ],
      "decision": "changed",
      "historical": false,
      "a": "us",
      "b": "intel",
      "kind": "Investment",
      "text": "The U.S. government closed its Intel equity agreement; Intel received $5.695B at closing. Total contractual disbursements, not cash received. $5.695 B received at Aug 27 closing; $3.1748 B Secure Enclave disbursements subject to program terms. 274, 583, 000 shares issued; 158, 740, 000 escrowed pending disbursements. Announced 9.9% at transaction date is not a verified current ownership percentage.",
      "source": "deal-us-intel-investment",
      "evidence_grade": "confirmed"
    },
    {
      "id": "us-openai-stargate-announcement",
      "from": "us",
      "to": "openai",
      "type": "policy",
      "label_plain": "The White House hosted OpenAI at the Stargate announcement.",
      "date": "2025-01-21",
      "status": "completed",
      "value_usd": null,
      "value_note": "Documented public event; this edge does not represent U.S. government investment, approval of all projects or money paid.",
      "sources": [
        {
          "label": "www.govinfo.gov · The White House hosted OpenAI at the Stargate announcement.",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/pdf/DCPD-202500157.pdf",
          "verified_at": "2026-10-04"
        }
      ],
      "decision": "verified",
      "historical": false,
      "a": "us",
      "b": "openai",
      "kind": "Policy",
      "text": "The White House hosted OpenAI at the Stargate announcement. Documented public event; this edge does not represent U.S. government investment, approval of all projects or money paid.",
      "source": "deal-us-openai-stargate-announcement",
      "evidence_grade": "confirmed"
    },
    {
      "id": "us-softbank-stargate-announcement",
      "from": "us",
      "to": "softbank",
      "type": "policy",
      "label_plain": "The White House hosted SoftBank at the Stargate announcement.",
      "date": "2025-01-21",
      "status": "completed",
      "value_usd": null,
      "value_note": "Documented public event; this edge does not represent U.S. government investment, approval of all projects or money paid.",
      "sources": [
        {
          "label": "www.govinfo.gov · The White House hosted SoftBank at the Stargate announcement.",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/pdf/DCPD-202500157.pdf",
          "verified_at": "2026-10-04"
        }
      ],
      "decision": "verified",
      "historical": false,
      "a": "us",
      "b": "softbank",
      "kind": "Policy",
      "text": "The White House hosted SoftBank at the Stargate announcement. Documented public event; this edge does not represent U.S. government investment, approval of all projects or money paid.",
      "source": "deal-us-softbank-stargate-announcement",
      "evidence_grade": "confirmed"
    },
    {
      "id": "us-oracle-stargate-announcement",
      "from": "us",
      "to": "oracle",
      "type": "policy",
      "label_plain": "The White House hosted Oracle at the Stargate announcement.",
      "date": "2025-01-21",
      "status": "completed",
      "value_usd": null,
      "value_note": "Documented public event; this edge does not represent U.S. government investment, approval of all projects or money paid.",
      "sources": [
        {
          "label": "www.govinfo.gov · The White House hosted Oracle at the Stargate announcement.",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/pdf/DCPD-202500157.pdf",
          "verified_at": "2026-10-04"
        }
      ],
      "decision": "verified",
      "historical": false,
      "a": "us",
      "b": "oracle",
      "kind": "Policy",
      "text": "The White House hosted Oracle at the Stargate announcement. Documented public event; this edge does not represent U.S. government investment, approval of all projects or money paid.",
      "source": "deal-us-oracle-stargate-announcement",
      "evidence_grade": "confirmed"
    },
    {
      "id": "us-nvidia-h20-revenue-expectation",
      "from": "us",
      "to": "nvidia",
      "type": "policy",
      "label_plain": "U.S. officials said they expected 15% of licensed NVIDIA H20 China revenue.",
      "date": "2025-08",
      "status": "announced",
      "value_usd": null,
      "value_note": "Historical announced expectation, not a verified payment or current statutory rate. NVIDIA's July 2025 quarter filing said no codifying regulation had been published.",
      "sources": [
        {
          "label": "SEC · U.S. officials said they expected 15% of licensed NVIDIA H20 China revenue.",
          "url": "https://www.sec.gov/Archives/edgar/data/1045810/000104581025000209/nvda-20250727.htm",
          "verified_at": "2026-10-04"
        }
      ],
      "decision": "changed",
      "historical": true,
      "a": "us",
      "b": "nvidia",
      "kind": "Policy",
      "text": "U.S. officials said they expected 15% of licensed NVIDIA H20 China revenue. Historical announced expectation, not a verified payment or current statutory rate. NVIDIA's July 2025 quarter filing said no codifying regulation had been published.",
      "source": "deal-us-nvidia-h20-revenue-expectation",
      "evidence_grade": "confirmed"
    },
    {
      "id": "us-amd-mi308-revenue-expectation",
      "from": "us",
      "to": "amd",
      "type": "policy",
      "label_plain": "U.S. officials said they expected 15% of licensed AMD MI308 China revenue.",
      "date": "2025-08",
      "status": "announced",
      "value_usd": null,
      "value_note": "Historical announced expectation; AM D's 2025 10-K says no establishing regulation had been published as of that filing. No payment amount verified.",
      "sources": [
        {
          "label": "SEC · U.S. officials said they expected 15% of licensed AMD MI308 China revenue.",
          "url": "https://www.sec.gov/Archives/edgar/data/2488/000000248826000018/amd-20251227.htm",
          "verified_at": "2026-10-04"
        }
      ],
      "decision": "changed",
      "historical": true,
      "a": "us",
      "b": "amd",
      "kind": "Policy",
      "text": "U.S. officials said they expected 15% of licensed AMD MI308 China revenue. Historical announced expectation; AM D's 2025 10-K says no establishing regulation had been published as of that filing. No payment amount verified.",
      "source": "deal-us-amd-mi308-revenue-expectation",
      "evidence_grade": "confirmed"
    },
    {
      "id": "us-china-advanced-chip-controls",
      "from": "us",
      "to": "china",
      "type": "policy",
      "label_plain": "BIS strengthened advanced-chip export controls and foundry due-diligence requirements targeting diversion to China.",
      "date": "2025-01-15",
      "status": "announced",
      "value_usd": null,
      "value_note": "Historical regulatory action; scope is specific controlled items and destinations, not a ban on all chips. This record does not claim to summarize every later amendment.",
      "sources": [
        {
          "label": "BIS · BIS strengthened advanced-chip export controls and foundry due-diligence requirements targeting diversion to China.",
          "url": "https://www.bis.gov/press-release/commerce-strengthens-restrictions-advanced-computing-semiconductors-enhance-foundry-due-diligence-prevent",
          "verified_at": "2026-10-04"
        }
      ],
      "decision": "verified",
      "historical": false,
      "a": "us",
      "b": "china",
      "kind": "Policy",
      "text": "BIS strengthened advanced-chip export controls and foundry due-diligence requirements targeting diversion to China. Historical regulatory action; scope is specific controlled items and destinations, not a ban on all chips. This record does not claim to summarize every later amendment.",
      "source": "deal-us-china-advanced-chip-controls",
      "evidence_grade": "confirmed"
    },
    {
      "id": "china-nvidia-h20-inquiry",
      "from": "china",
      "to": "nvidia",
      "type": "policy",
      "label_plain": "China's cyberspace regulator requested NVIDIA evidence about H20 security risks.",
      "date": "2025-07-31",
      "status": "completed",
      "value_usd": null,
      "value_note": "The meeting and information request occurred. This is not a finding that a backdoor exists or a completed investigation.",
      "sources": [
        {
          "label": "www.cac.gov.cn · China's cyberspace regulator requested NVIDIA evidence about H20 security risks.",
          "url": "https://www.cac.gov.cn/2025-07/31/c_1755675743897163.htm",
          "verified_at": "2026-10-04"
        }
      ],
      "decision": "verified",
      "historical": false,
      "a": "china",
      "b": "nvidia",
      "kind": "Policy",
      "text": "China's cyberspace regulator requested NVIDIA evidence about H20 security risks. The meeting and information request occurred. This is not a finding that a backdoor exists or a completed investigation.",
      "source": "deal-china-nvidia-h20-inquiry",
      "evidence_grade": "confirmed"
    },
    {
      "id": "china-nvidia-mellanox-probe",
      "from": "china",
      "to": "nvidia",
      "type": "policy",
      "label_plain": "China's market regulator announced further investigation of NVIDIA's compliance with Mellanox acquisition conditions.",
      "date": "2025-09-15",
      "status": "announced",
      "value_usd": null,
      "value_note": "SAM R announcement follows its preliminary investigation. Do not label as a final adjudication or completed penalty.",
      "sources": [
        {
          "label": "www.samr.gov.cn · China's market regulator announced further investigation of NVIDIA's compliance with Mellanox acquisition conditions.",
          "url": "https://www.samr.gov.cn/xw/zj/art/2025/art_66b8363c3a194ba0a394a843d6cf3fd1.html",
          "verified_at": "2026-10-04"
        }
      ],
      "decision": "verified",
      "historical": false,
      "a": "china",
      "b": "nvidia",
      "kind": "Policy",
      "text": "China's market regulator announced further investigation of NVIDIA's compliance with Mellanox acquisition conditions. SAM R announcement follows its preliminary investigation. Do not label as a final adjudication or completed penalty.",
      "source": "deal-china-nvidia-mellanox-probe",
      "evidence_grade": "confirmed"
    },
    {
      "id": "sam-altman-role",
      "from": "sam-altman",
      "to": "openai",
      "type": "role",
      "label_plain": "Sam Altman is OpenAI's CEO.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "OpenAI · Sam Altman is OpenAI's CEO.",
          "url": "https://openai.com/our-structure/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "sam-altman",
      "b": "openai",
      "kind": "Role",
      "text": "Sam Altman is OpenAI's CEO. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-sam-altman-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "jensen-huang-role",
      "from": "jensen-huang",
      "to": "nvidia",
      "type": "role",
      "label_plain": "Jensen Huang is NVIDIA's co-founder, president and CEO.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "NVIDIA · Jensen Huang is NVIDIA's co-founder, president and CEO.",
          "url": "https://www.nvidia.com/en-us/about-nvidia/board-of-directors/jensen-huang/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "jensen-huang",
      "b": "nvidia",
      "kind": "Role",
      "text": "Jensen Huang is NVIDIA's co-founder, president and CEO. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-jensen-huang-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "dario-amodei-role",
      "from": "dario-amodei",
      "to": "anthropic",
      "type": "role",
      "label_plain": "Dario Amodei is Anthropic's co-founder and CEO.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "Anthropic · Dario Amodei is Anthropic's co-founder and CEO.",
          "url": "https://www.anthropic.com/company/leadership",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "dario-amodei",
      "b": "anthropic",
      "kind": "Role",
      "text": "Dario Amodei is Anthropic's co-founder and CEO. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-dario-amodei-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "elon-musk-role",
      "from": "elon-musk",
      "to": "spacex",
      "type": "role",
      "label_plain": "Elon Musk is SpaceX's founder and CEO.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "ir.spacex.com · Elon Musk is SpaceX's founder and CEO.",
          "url": "https://ir.spacex.com/leadership/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "elon-musk",
      "b": "spacex",
      "kind": "Role",
      "text": "Elon Musk is SpaceX's founder and CEO. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-elon-musk-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "satya-nadella-role",
      "from": "satya-nadella",
      "to": "microsoft",
      "type": "role",
      "label_plain": "Satya Nadella is Microsoft's chairman and CEO.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "Microsoft · Satya Nadella is Microsoft's chairman and CEO.",
          "url": "https://news.microsoft.com/source/exec/satya-nadella/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "satya-nadella",
      "b": "microsoft",
      "kind": "Role",
      "text": "Satya Nadella is Microsoft's chairman and CEO. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-satya-nadella-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "sundar-pichai-role",
      "from": "sundar-pichai",
      "to": "google",
      "type": "role",
      "label_plain": "Sundar Pichai is CEO of Alphabet and Google.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "SEC · Sundar Pichai is CEO of Alphabet and Google.",
          "url": "https://www.sec.gov/Archives/edgar/data/1652044/000130817926000342/goog-20260424.htm",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "sundar-pichai",
      "b": "google",
      "kind": "Role",
      "text": "Sundar Pichai is CEO of Alphabet and Google. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-sundar-pichai-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "lisa-su-role",
      "from": "lisa-su",
      "to": "amd",
      "type": "role",
      "label_plain": "Lisa Su is AMD's chair and CEO.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "AMD · Lisa Su is AMD's chair and CEO.",
          "url": "https://www.amd.com/en/corporate/leadership/lisa-su.html",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "lisa-su",
      "b": "amd",
      "kind": "Role",
      "text": "Lisa Su is AMD's chair and CEO. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-lisa-su-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "mark-zuckerberg-role",
      "from": "mark-zuckerberg",
      "to": "meta",
      "type": "role",
      "label_plain": "Mark Zuckerberg is Meta's founder, chairman and CEO.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "investor.atmeta.com · Mark Zuckerberg is Meta's founder, chairman and CEO.",
          "url": "https://investor.atmeta.com/leadership-and-governance/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "mark-zuckerberg",
      "b": "meta",
      "kind": "Role",
      "text": "Mark Zuckerberg is Meta's founder, chairman and CEO. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-mark-zuckerberg-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "masayoshi-son-role",
      "from": "masayoshi-son",
      "to": "softbank",
      "type": "role",
      "label_plain": "Masayoshi Son is SoftBank Group's chairman and CEO.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "SoftBank · Masayoshi Son is SoftBank Group's chairman and CEO.",
          "url": "https://group.softbank/en/about/officer/son",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "masayoshi-son",
      "b": "softbank",
      "kind": "Role",
      "text": "Masayoshi Son is SoftBank Group's chairman and CEO. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-masayoshi-son-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "larry-ellison-role",
      "from": "larry-ellison",
      "to": "oracle",
      "type": "role",
      "label_plain": "Larry Ellison is Oracle's executive chairman and chief technology officer.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "Oracle · Larry Ellison is Oracle's executive chairman and chief technology officer.",
          "url": "https://www.oracle.com/corporate/executives/larry-ellison/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "larry-ellison",
      "b": "oracle",
      "kind": "Role",
      "text": "Larry Ellison is Oracle's executive chairman and chief technology officer. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-larry-ellison-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "donald-trump-role",
      "from": "donald-trump",
      "to": "us",
      "type": "role",
      "label_plain": "Donald Trump is President of the United States.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "White House · Donald Trump is President of the United States.",
          "url": "https://www.whitehouse.gov/administration/donald-j-trump/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "donald-trump",
      "b": "us",
      "kind": "Role",
      "text": "Donald Trump is President of the United States. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-donald-trump-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "spacex-xai-acquired",
      "from": "spacex",
      "to": "xai",
      "type": "acquisition",
      "label_plain": "SpaceX acquired xAI.",
      "date": "2026-02-02",
      "status": "completed",
      "value_usd": null,
      "value_note": "Acquisition completion stated by company; no deal price in this primary announcement.",
      "sources": [
        {
          "label": "x.ai · SpaceX acquired xAI.",
          "url": "https://x.ai/news/xai-joins-spacex",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "spacex",
      "b": "xai",
      "kind": "Acquisition",
      "text": "SpaceX acquired xAI. Acquisition completion stated by company; no deal price in this primary announcement.",
      "source": "deal-spacex-xai-acquired",
      "evidence_grade": "confirmed"
    },
    {
      "id": "amd-world-labs",
      "from": "amd",
      "to": "world-labs",
      "type": "acquisition",
      "label_plain": "AMD announced an approximately $8.2B all-stock agreement to acquire World Labs. Fei-Fei Li would join as executive vice president and chief scientist after closing.",
      "value_usd": 8200000000,
      "value_note": "All-stock agreement; expected closing is conditional, not completed.",
      "date": "2026-09-28",
      "status": "signed",
      "corporate_event_id": "amd-world-labs",
      "sources": [
        {
          "label": "GlobeNewswire · World Labs acquisition agreement",
          "url": "https://www.globenewswire.com/news-release/2026/09/28/3370256/0/en/amd-to-acquire-world-labs-to-advance-the-future-of-ai-compute.html",
          "verified_at": "2026-10-04"
        }
      ],
      "a": "amd",
      "b": "world-labs",
      "kind": "Acquisition",
      "text": "AMD announced an approximately $8.2B all-stock agreement to acquire World Labs. Fei-Fei Li would join as executive vice president and chief scientist after closing. All-stock agreement; expected closing is conditional, not completed.",
      "source": "deal-amd-world-labs",
      "evidence_grade": "confirmed"
    },
    {
      "id": "nvidia-hugging-face",
      "from": "nvidia",
      "to": "hugging-face",
      "type": "acquisition",
      "label_plain": "NVIDIA’s filing separates approximately $11.9B payable to shareholders from up to $1B of employee retention awards. Closing is expected in H1 2027, subject to conditions and approvals.",
      "value_usd": 11900000000,
      "value_note": "Purchase price to stockholders; excludes up to $1 B employee retention. Agreement, not completed ownership.",
      "date": "2026-09-03",
      "status": "signed",
      "corporate_event_id": "nvidia-hugging-face",
      "sources": [
        {
          "label": "SEC · acquisition Form 8-K",
          "url": "https://www.sec.gov/Archives/edgar/data/1045810/000104581026000078/nvda-20260902.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "NVIDIA · Hugging Face agreement",
          "url": "https://blogs.nvidia.com/blog/nvidia-to-acquire-hugging-face/",
          "verified_at": "2026-10-04"
        }
      ],
      "a": "nvidia",
      "b": "hugging-face",
      "kind": "Acquisition",
      "text": "NVIDIA’s filing separates approximately $11.9B payable to shareholders from up to $1B of employee retention awards. Closing is expected in H1 2027, subject to conditions and approvals. Purchase price to stockholders; excludes up to $1 B employee retention. Agreement, not completed ownership.",
      "source": "deal-nvidia-hugging-face",
      "evidence_grade": "confirmed"
    },
    {
      "id": "nscale-convertible-2026",
      "from": "nvidia",
      "to": "nscale",
      "type": "investment",
      "label_plain": "Nscale announced $3.36B in convertible financing: $2.36B at initial closing and $1B committed by NVIDIA, expected in mid-November. Notes convert on IPO completion.",
      "value_usd": 1000000000,
      "value_note": "NVIDIA tranche committed for expected mid-November funding; not yet received.",
      "date": "2026-09-25",
      "status": "signed",
      "corporate_event_id": "nscale-convertible-2026",
      "sources": [
        {
          "label": "Nscale · convertible financing",
          "url": "https://www.nscale.com/press-releases/pre-ipo-convertible-financing",
          "verified_at": "2026-10-04"
        }
      ],
      "a": "nvidia",
      "b": "nscale",
      "kind": "Investment",
      "text": "Nscale announced $3.36B in convertible financing: $2.36B at initial closing and $1B committed by NVIDIA, expected in mid-November. Notes convert on IPO completion. NVIDIA tranche committed for expected mid-November funding; not yet received.",
      "source": "deal-nscale-convertible-2026",
      "evidence_grade": "confirmed"
    },
    {
      "id": "anthropic-broadcom-financing",
      "corporate_event_id": "anthropic-broadcom-financing",
      "from": "broadcom",
      "to": "anthropic",
      "type": "investment",
      "label_plain": "Broadcom reportedly agreed to lend Anthropic up to $42B through a convertible facility.",
      "date": "2026-10-01",
      "status": "signed",
      "value_usd": 42000000000,
      "value_note": "Reuters reports up to $42B of convertible financing from a nonpublic prospectus. No public filing verified; note issuance and received proceeds unconfirmed.",
      "sources": [
        {
          "label": "Reuters · Broadcom–Anthropic financing report",
          "url": "https://www.reuters.com/business/broadcom-lend-anthropic-up-42-billion-lease-its-chips-filing-says-2026-10-01/",
          "verified_at": "2026-10-06T23:02:29.963Z"
        },
        {
          "label": "MarketScreener · Reuters financing report",
          "url": "https://www.marketscreener.com/news/broadcom-to-lend-anthropic-up-to-42-billion-to-lease-its-chips-filing-says-ce785ad3de89fe20",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "a": "broadcom",
      "b": "anthropic",
      "kind": "Investment",
      "text": "Broadcom reportedly agreed to lend Anthropic up to $42B through a convertible facility. Reuters reports up to $42B of convertible financing from a nonpublic prospectus. No public filing verified; note issuance and received proceeds unconfirmed.",
      "source": "deal-anthropic-broadcom-financing",
      "evidence_grade": "reported",
      "value_basis": "reported_upper_bound",
      "contract_period": "Facility; issuance conditional on IPO"
    },
    {
      "id": "broadcom-anthropic-compute",
      "corporate_event_id": "anthropic-broadcom-financing",
      "from": "broadcom",
      "to": "anthropic",
      "type": "supply",
      "label_plain": "Anthropic reportedly agreed to a five-year $125.2B TPU lease through Broadcom.",
      "date": "2026-10-01",
      "status": "signed",
      "value_usd": 125200000000,
      "value_note": "Reuters reports a $125.2B five-year lease from a nonpublic prospectus. No public filing verified; not annual revenue or paid cash.",
      "sources": [
        {
          "label": "Reuters · Broadcom–Anthropic financing report",
          "url": "https://www.reuters.com/business/broadcom-lend-anthropic-up-42-billion-lease-its-chips-filing-says-2026-10-01/",
          "verified_at": "2026-10-06T23:02:29.963Z"
        },
        {
          "label": "MarketScreener · Reuters financing report",
          "url": "https://www.marketscreener.com/news/broadcom-to-lend-anthropic-up-to-42-billion-to-lease-its-chips-filing-says-ce785ad3de89fe20",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "a": "broadcom",
      "b": "anthropic",
      "kind": "Supply",
      "text": "Anthropic reportedly agreed to a five-year $125.2B TPU lease through Broadcom. Reuters reports a $125.2B five-year lease from a nonpublic prospectus. No public filing verified; not annual revenue or paid cash.",
      "source": "deal-broadcom-anthropic-compute",
      "evidence_grade": "reported",
      "value_basis": "reported_lease",
      "contract_period": "Five-year lease"
    },
    {
      "id": "sam-altman-stargate-participation",
      "from": "sam-altman",
      "to": "us",
      "type": "policy",
      "action_subtype": "announcement_participation",
      "label_plain": "Sam Altman spoke at the White House Stargate announcement.",
      "value_usd": null,
      "value_note": "Documented participation only; not a government funding commitment or endorsement.",
      "date": "2025-01-21",
      "status": "completed",
      "evidence_grade": "confirmed",
      "sources": [
        {
          "label": "GovInfo · official Stargate remarks transcript",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/html/DCPD-202500157.htm",
          "verified_at": "2026-10-06T23:24:14.057Z"
        }
      ],
      "metric_eligible": false,
      "historical": false,
      "a": "sam-altman",
      "b": "us",
      "kind": "Policy",
      "text": "Sam Altman spoke at the White House Stargate announcement.",
      "source": "deal-sam-altman-stargate-participation"
    },
    {
      "id": "masayoshi-son-stargate-participation",
      "from": "masayoshi-son",
      "to": "us",
      "type": "policy",
      "action_subtype": "announcement_participation",
      "label_plain": "Masayoshi Son spoke at the White House Stargate announcement.",
      "value_usd": null,
      "value_note": "Documented participation only; not a government funding commitment or endorsement.",
      "date": "2025-01-21",
      "status": "completed",
      "evidence_grade": "confirmed",
      "sources": [
        {
          "label": "GovInfo · official Stargate remarks transcript",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/html/DCPD-202500157.htm",
          "verified_at": "2026-10-06T23:24:14.057Z"
        }
      ],
      "metric_eligible": false,
      "historical": false,
      "a": "masayoshi-son",
      "b": "us",
      "kind": "Policy",
      "text": "Masayoshi Son spoke at the White House Stargate announcement.",
      "source": "deal-masayoshi-son-stargate-participation"
    },
    {
      "id": "larry-ellison-stargate-participation",
      "from": "larry-ellison",
      "to": "us",
      "type": "policy",
      "action_subtype": "announcement_participation",
      "label_plain": "Larry Ellison spoke at the White House Stargate announcement.",
      "value_usd": null,
      "value_note": "Documented participation only; not a government funding commitment or endorsement.",
      "date": "2025-01-21",
      "status": "completed",
      "evidence_grade": "confirmed",
      "sources": [
        {
          "label": "GovInfo · official Stargate remarks transcript",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/html/DCPD-202500157.htm",
          "verified_at": "2026-10-06T23:24:14.057Z"
        }
      ],
      "metric_eligible": false,
      "historical": false,
      "a": "larry-ellison",
      "b": "us",
      "kind": "Policy",
      "text": "Larry Ellison spoke at the White House Stargate announcement.",
      "source": "deal-larry-ellison-stargate-participation"
    },
    {
      "id": "donald-trump-stargate-participation",
      "from": "donald-trump",
      "to": "us",
      "type": "policy",
      "action_subtype": "announcement_participation",
      "label_plain": "President Trump hosted the White House Stargate announcement.",
      "value_usd": null,
      "value_note": "Documented participation only; not a government funding commitment or endorsement.",
      "date": "2025-01-21",
      "status": "completed",
      "evidence_grade": "confirmed",
      "sources": [
        {
          "label": "GovInfo · official Stargate remarks transcript",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/html/DCPD-202500157.htm",
          "verified_at": "2026-10-06T23:24:14.057Z"
        }
      ],
      "metric_eligible": false,
      "historical": false,
      "a": "donald-trump",
      "b": "us",
      "kind": "Policy",
      "text": "President Trump hosted the White House Stargate announcement.",
      "source": "deal-donald-trump-stargate-participation"
    },
    {
      "id": "donald-trump-eo-14179",
      "from": "donald-trump",
      "to": "us",
      "type": "policy",
      "action_subtype": "signed_executive_order",
      "label_plain": "President Trump signed Executive Order 14179, directing development of an AI Action Plan.",
      "value_usd": null,
      "value_note": "Official action in presidential capacity; no inferred personal influence.",
      "date": "2025-01-23",
      "status": "completed",
      "evidence_grade": "confirmed",
      "sources": [
        {
          "label": "White House · Executive Order 14179",
          "url": "https://www.whitehouse.gov/presidential-actions/2025/01/removing-barriers-to-american-leadership-in-artificial-intelligence/",
          "verified_at": "2026-10-06T23:24:14.057Z"
        }
      ],
      "metric_eligible": false,
      "historical": false,
      "a": "donald-trump",
      "b": "us",
      "kind": "Policy",
      "text": "President Trump signed Executive Order 14179, directing development of an AI Action Plan.",
      "source": "deal-donald-trump-eo-14179"
    },
    {
      "id": "spacex-google-compute",
      "from": "spacex",
      "to": "google",
      "type": "supply",
      "label_plain": "SpaceX reportedly agreed on June 5, 2026 to provide Google access to about 110,000 NVIDIA GPUs at its Memphis-area facilities; Google called it short-term bridge capacity.",
      "date": "2026-06-05",
      "status": "signed",
      "value_usd": null,
      "value_note": "Reported fee is $920M per month at full rate from October 2026 to June 2029 (about $30B if run to term). Either party may exit on 90 days' notice after December 31, 2026, so no total is recorded. Contract value, not cash paid; GPU delivery against the September 30, 2026 deadline is not verified.",
      "sources": [
        {
          "label": "AI Business · Google–SpaceX compute agreement report",
          "url": "https://aibusiness.com/generative-ai/google-pay-spacex-30-billion-ai-compute",
          "verified_at": "2026-10-18T12:11:44.344Z"
        },
        {
          "label": "Techstrong IT · SpaceX–Google cloud agreement terms",
          "url": "https://techstrong.it/featured/spacex-inks-920m-monthly-ai-cloud-deal-with-google-ahead-of-mega-ipo/",
          "verified_at": "2026-10-18T12:11:45.435Z"
        }
      ],
      "a": "spacex",
      "b": "google",
      "kind": "Supply",
      "text": "SpaceX reportedly agreed on June 5, 2026 to provide Google access to about 110,000 NVIDIA GPUs at its Memphis-area facilities; Google called it short-term bridge capacity. Reported fee is $920M per month at full rate from October 2026 to June 2029 (about $30B if run to term). Either party may exit on 90 days' notice after December 31, 2026, so no total is recorded. Contract value, not cash paid; GPU delivery against the September 30, 2026 deadline is not verified.",
      "source": "deal-spacex-google-compute",
      "evidence_grade": "reported",
      "value_basis": "reported_lease",
      "contract_period": "October 2026 to June 2029; terminable on 90 days' notice after December 31, 2026"
    },
    {
      "id": "nscale-microsoft-compute",
      "from": "nscale",
      "to": "microsoft",
      "type": "supply",
      "label_plain": "Nscale announced on October 15, 2025 an expanded contract to deliver approximately 200,000 NVIDIA GB300 GPUs of AI infrastructure to Microsoft across Europe and the U.S.",
      "date": "2025-10-15",
      "status": "signed",
      "value_usd": null,
      "value_note": "No contract value was disclosed in the announcement. Includes about 12,600 GPUs in Sines, Portugal from Q1 2026 and builds on the planned ~23,000-GPU Loughton, UK campus from Q1 2027. Nscale's Form S-1 (filed September 18, 2026) says statements of work with Microsoft signed between September 2025 and April 2026 provide for payments of up to approximately $43.8B through December 2033, excluding optional extensions and subject to delivery and service-availability requirements; this is a ceiling across all Microsoft statements of work, not the value of this announcement or cash received, so value_usd stays empty. On October 18, 2026, The Telegraph and Reuters reported that Microsoft terminated the Loughton agreement after grid officials said power was unlikely before the 2030s. On October 19, 2026, an Nscale spokesperson confirmed to Data Center Knowledge that Microsoft terminated the Loughton contract; Nscale said it remains committed to the site, is exploring alternative power, and that the issue does not affect its other Microsoft contracts. No financial impact was disclosed. On November 5, 2026, the Financial Times and then Reuters, citing an unnamed source, reported that Microsoft will not exercise an option to more than double its existing Texas agreement with Nscale; the source said the decision predated the September IPO filing, the existing Texas contract is unaffected and Nscale's disclosed total contract value (about $103B) is unchanged. Neither company commented; this is reported, not confirmed.",
      "sources": [
        {
          "label": "Nscale · approximately 200,000 NVIDIA GB300 GPUs contracted with Microsoft",
          "url": "https://www.nscale.com/press-releases/nscale-microsoft-2025",
          "verified_at": "2026-10-19T12:12:19.222Z"
        },
        {
          "label": "Global Banking & Finance Review · Microsoft pulls out of Nscale Loughton deal (citing The Telegraph and Reuters)",
          "url": "https://www.globalbankingandfinance.com/microsoft-pulls-out-uk-data-center-deal-nscale-telegraph/",
          "verified_at": "2026-10-19T12:12:19.448Z"
        },
        {
          "label": "Data Center Knowledge · Nscale spokesperson confirms Microsoft terminated the Loughton contract",
          "url": "https://datacenterknowledge.com/build-design/microsoft-exits-nscale-data-center-deal-over-uk-power-delays",
          "verified_at": "2026-10-19T20:11:03.025Z"
        },
        {
          "label": "SEC · Nscale Form S-1: Microsoft statements of work up to ~$43.8B through December 2033",
          "url": "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-20260918.htm",
          "verified_at": "2026-10-20T12:10:49.000Z"
        },
        {
          "label": "Reuters via Euronext · Microsoft will not expand Texas data center deal with Nscale, source says",
          "url": "https://live.euronext.com/en/financial-news/microsoft-will-not-expand-texas-data-center-deal-uks-nscale-source-says",
          "verified_at": "2026-11-07T20:11:28.451Z"
        }
      ],
      "historical": false,
      "a": "nscale",
      "b": "microsoft",
      "kind": "Supply",
      "text": "Nscale announced on October 15, 2025 an expanded contract to deliver approximately 200,000 NVIDIA GB300 GPUs of AI infrastructure to Microsoft across Europe and the U.S. No contract value was disclosed in the announcement. Includes about 12,600 GPUs in Sines, Portugal from Q1 2026 and builds on the planned ~23,000-GPU Loughton, UK campus from Q1 2027. Nscale's Form S-1 (filed September 18, 2026) says statements of work with Microsoft signed between September 2025 and April 2026 provide for payments of up to approximately $43.8B through December 2033, excluding optional extensions and subject to delivery and service-availability requirements; this is a ceiling across all Microsoft statements of work, not the value of this announcement or cash received, so value_usd stays empty. On October 18, 2026, The Telegraph and Reuters reported that Microsoft terminated the Loughton agreement after grid officials said power was unlikely before the 2030s. On October 19, 2026, an Nscale spokesperson confirmed to Data Center Knowledge that Microsoft terminated the Loughton contract; Nscale said it remains committed to the site, is exploring alternative power, and that the issue does not affect its other Microsoft contracts. No financial impact was disclosed. On November 5, 2026, the Financial Times and then Reuters, citing an unnamed source, reported that Microsoft will not exercise an option to more than double its existing Texas agreement with Nscale; the source said the decision predated the September IPO filing, the existing Texas contract is unaffected and Nscale's disclosed total contract value (about $103B) is unchanged. Neither company commented; this is reported, not confirmed.",
      "source": "deal-nscale-microsoft-compute",
      "evidence_grade": "confirmed"
    },
    {
      "id": "akamai-anthropic-compute",
      "from": "akamai",
      "to": "anthropic",
      "type": "supply",
      "value_usd": 11600000000,
      "date": "2026-09-24",
      "status": "signed",
      "label_plain": "Akamai announced on September 24, 2026 that Anthropic made $11.6B of contractual commitments over seven years for CPU workloads on Akamai Cloud.",
      "value_note": "Contractual purchase commitment over seven years, not revenue received. The agreement allows up to an additional $9B (about $20B potential total), each further $3B at mutually agreed terms; the option is excluded from value_usd. Akamai issued Anthropic a warrant for non-voting convertible preferred stock equal to 7.7 million common shares (up to about 5% of outstanding common stock) at $111.33 per share: about 2% expected to vest with the $11.6B commitment and about 1% per additional $3B. Akamai estimates about $5.5B of related capex, a roughly $1.7B increase in 2026 capex, and no impact to 2026 revenue guidance.",
      "sources": [
        {
          "label": "Akamai · Anthropic commits $11.6B over seven years to Akamai Cloud for CPU workloads",
          "url": "https://www.akamai.com/newsroom/press-release/akamai-announces-11-6-billion-multi-year-agreement-with-anthropic-to-support-growing-demand",
          "verified_at": "2026-10-30"
        }
      ],
      "historical": false,
      "a": "akamai",
      "b": "anthropic",
      "kind": "Supply",
      "text": "Akamai announced on September 24, 2026 that Anthropic made $11.6B of contractual commitments over seven years for CPU workloads on Akamai Cloud. Contractual purchase commitment over seven years, not revenue received. The agreement allows up to an additional $9B (about $20B potential total), each further $3B at mutually agreed terms; the option is excluded from value_usd. Akamai issued Anthropic a warrant for non-voting convertible preferred stock equal to 7.7 million common shares (up to about 5% of outstanding common stock) at $111.33 per share: about 2% expected to vest with the $11.6B commitment and about 1% per additional $3B. Akamai estimates about $5.5B of related capex, a roughly $1.7B increase in 2026 capex, and no impact to 2026 revenue guidance.",
      "source": "deal-akamai-anthropic-compute",
      "evidence_grade": "confirmed"
    },
    {
      "id": "spacex-anthropic-compute",
      "from": "spacex",
      "to": "anthropic",
      "type": "supply",
      "value_usd": null,
      "date": "2026-10-26",
      "status": "signed",
      "label_plain": "Anthropic's Form S-1, filed October 26, 2026, discloses compute agreements with SpaceX.AI LLC, a SpaceX subsidiary, entered into and amended between May and October 2026, for an aggregate of up to $120.5B over terms extending into 2029.",
      "value_note": "Up to $120.5B is a ceiling, not a fixed commitment or cash paid. Initial non-cancelable periods end in January and March 2027, after which either party may cancel each agreement on 90 days' written notice, so no total is recorded in value_usd. Reported run rate is about $3.1B per month once all contracted capacity is delivered, which Anthropic expects in December 2026. SpaceX has not commented; per the SpaceX node note, this is not additive to any separate xAI exposure.",
      "sources": [
        {
          "label": "SEC · Anthropic, PBC Form S-1 (filed 2026-10-26)",
          "url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/0001628280-26-067168-index.htm",
          "verified_at": "2026-10-31"
        },
        {
          "label": "Tesla North · S-1 terms of the SpaceX.AI agreements",
          "url": "https://teslanorth.com/2026/10/26/anthropic-s1-spacex-120b-compute/",
          "verified_at": "2026-10-31"
        }
      ],
      "historical": false,
      "a": "spacex",
      "b": "anthropic",
      "kind": "Supply",
      "text": "Anthropic's Form S-1, filed October 26, 2026, discloses compute agreements with SpaceX.AI LLC, a SpaceX subsidiary, entered into and amended between May and October 2026, for an aggregate of up to $120.5B over terms extending into 2029. Up to $120.5B is a ceiling, not a fixed commitment or cash paid. Initial non-cancelable periods end in January and March 2027, after which either party may cancel each agreement on 90 days' written notice, so no total is recorded in value_usd. Reported run rate is about $3.1B per month once all contracted capacity is delivered, which Anthropic expects in December 2026. SpaceX has not commented; per the SpaceX node note, this is not additive to any separate xAI exposure.",
      "source": "deal-spacex-anthropic-compute",
      "evidence_grade": "confirmed",
      "value_basis": "disclosed_upper_bound",
      "contract_period": "May–October 2026 agreements into 2029; cancellable on 90 days' notice after initial periods ending January and March 2027"
    },
    {
      "id": "nvidia-meta-investment",
      "from": "nvidia",
      "to": "meta",
      "type": "investment",
      "value_usd": 3000000000,
      "date": "2026-10-26",
      "status": "announced",
      "label_plain": "NVIDIA announced on October 26, 2026 that it will invest $3B in Meta's Class A common stock offering.",
      "value_note": "Stated intent, not confirmed proceeds. Meta's prospectus supplement says NVIDIA, AMD and Broadcom indicated interest in buying up to $5.0B in aggregate at the $625.00 public offering price, and that these indications are not binding agreements or commitments to purchase. Meta's October 29, 2026 Form 8-K says the Class A shares in this offering were sold by forward sellers (Morgan Stanley and Goldman Sachs), that Meta will not initially receive any proceeds from them, and that the forward sale agreements settle on dates Meta chooses on or before November 19, 2027. The 8-K does not mention NVIDIA, so NVIDIA's actual allocation is not verified. No dollar amount is disclosed for Meta's related NVIDIA hardware deployment.",
      "sources": [
        {
          "label": "NVIDIA · NVIDIA and Meta expand collaboration; $3B equity investment",
          "url": "https://nvidianews.nvidia.com/news/nvidia-and-meta-to-expand-collaboration-on-muse-and-muse-family-of-models-amid-robust-growth",
          "verified_at": "2026-10-31"
        },
        {
          "label": "SEC · Meta Platforms 424B5 prospectus supplement (2026-10-28)",
          "url": "https://www.sec.gov/Archives/edgar/data/1326801/000119312526436410/d94886d424b5.htm",
          "verified_at": "2026-10-31"
        },
        {
          "label": "SEC · Meta Platforms Form 8-K (2026-10-29): offering closing and forward sale agreements",
          "url": "https://www.sec.gov/Archives/edgar/data/1326801/000119312526438017/d183592d8k.htm",
          "verified_at": "2026-11-01"
        }
      ],
      "historical": false,
      "a": "nvidia",
      "b": "meta",
      "kind": "Investment",
      "text": "NVIDIA announced on October 26, 2026 that it will invest $3B in Meta's Class A common stock offering. Stated intent, not confirmed proceeds. Meta's prospectus supplement says NVIDIA, AMD and Broadcom indicated interest in buying up to $5.0B in aggregate at the $625.00 public offering price, and that these indications are not binding agreements or commitments to purchase. Meta's October 29, 2026 Form 8-K says the Class A shares in this offering were sold by forward sellers (Morgan Stanley and Goldman Sachs), that Meta will not initially receive any proceeds from them, and that the forward sale agreements settle on dates Meta chooses on or before November 19, 2027. The 8-K does not mention NVIDIA, so NVIDIA's actual allocation is not verified. No dollar amount is disclosed for Meta's related NVIDIA hardware deployment.",
      "source": "deal-nvidia-meta-investment",
      "evidence_grade": "confirmed"
    },
    {
      "id": "amd-meta-investment",
      "from": "amd",
      "to": "meta",
      "type": "investment",
      "value_usd": 1000000000,
      "date": "2026-10-27",
      "status": "announced",
      "label_plain": "AMD announced on October 27, 2026 that it will invest $1B in Meta's Class A common stock offering.",
      "value_note": "Stated intent, not confirmed proceeds. Meta's prospectus supplement says NVIDIA, AMD and Broadcom indicated interest in buying up to $5.0B in aggregate at the $625.00 public offering price, and that these indications are not binding agreements or commitments to purchase. Meta's October 29, 2026 Form 8-K says the Class A shares in this offering were sold by forward sellers (Morgan Stanley and Goldman Sachs), that Meta will not initially receive any proceeds from them, and that the forward sale agreements settle on dates Meta chooses on or before November 19, 2027. The 8-K does not mention AMD, so AMD's actual allocation is not verified. AMD said initial Helios rack-scale systems are installed and being tested by Meta, with no dollar amount disclosed for that deployment.",
      "sources": [
        {
          "label": "AMD · AMD and Meta advance strategic partnership; $1B equity investment",
          "url": "https://newsroom.amd.com/news/amd-meta-advance-strategic-partnership-power-metas-ai-infrastructure/",
          "verified_at": "2026-11-01"
        },
        {
          "label": "SEC · Meta Platforms 424B5 prospectus supplement (2026-10-28)",
          "url": "https://www.sec.gov/Archives/edgar/data/1326801/000119312526436410/d94886d424b5.htm",
          "verified_at": "2026-11-01"
        },
        {
          "label": "SEC · Meta Platforms Form 8-K (2026-10-29): offering closing and forward sale agreements",
          "url": "https://www.sec.gov/Archives/edgar/data/1326801/000119312526438017/d183592d8k.htm",
          "verified_at": "2026-11-01"
        }
      ],
      "historical": false,
      "a": "amd",
      "b": "meta",
      "kind": "Investment",
      "text": "AMD announced on October 27, 2026 that it will invest $1B in Meta's Class A common stock offering. Stated intent, not confirmed proceeds. Meta's prospectus supplement says NVIDIA, AMD and Broadcom indicated interest in buying up to $5.0B in aggregate at the $625.00 public offering price, and that these indications are not binding agreements or commitments to purchase. Meta's October 29, 2026 Form 8-K says the Class A shares in this offering were sold by forward sellers (Morgan Stanley and Goldman Sachs), that Meta will not initially receive any proceeds from them, and that the forward sale agreements settle on dates Meta chooses on or before November 19, 2027. The 8-K does not mention AMD, so AMD's actual allocation is not verified. AMD said initial Helios rack-scale systems are installed and being tested by Meta, with no dollar amount disclosed for that deployment.",
      "source": "deal-amd-meta-investment",
      "evidence_grade": "confirmed"
    }
  ],
  "deals": [
    {
      "id": "nvidia-openai-loi",
      "from": "nvidia",
      "to": "openai",
      "type": "investment",
      "value_usd": 100000000000,
      "date": "2025-09-22",
      "status": "announced",
      "label_plain": "NVIDIA outlined a historical, conditional investment of up to $100B in OpenAI.",
      "value_note": "Historical letter of intent, conditional on deployment. Excluded from current loops and aggregate values to avoid overlap with later financing.",
      "sources": [
        {
          "label": "OpenAI · NVIDIA outlined a historical, conditional investment of up to $100B in OpenAI.",
          "url": "https://openai.com/index/openai-nvidia-systems-partnership/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": true,
      "a": "nvidia",
      "b": "openai",
      "kind": "Investment",
      "text": "NVIDIA outlined a historical, conditional investment of up to $100B in OpenAI. Historical letter of intent, conditional on deployment. Excluded from current loops and aggregate values to avoid overlap with later financing.",
      "source": "deal-nvidia-openai-loi",
      "evidence_grade": "confirmed"
    },
    {
      "id": "nvidia-openai-2026",
      "from": "nvidia",
      "to": "openai",
      "type": "investment",
      "value_usd": 30000000000,
      "date": "2026-02-27",
      "status": "announced",
      "label_plain": "NVIDIA announced a $30B investment in OpenAI.",
      "value_note": "Announced investment, not independently verified cash received. The same announcement describes 3 GW of inference and 2 GW of training capacity, without a supply price.",
      "sources": [
        {
          "label": "OpenAI · NVIDIA announced a $30B investment in OpenAI.",
          "url": "https://openai.com/index/scaling-ai-for-everyone/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "nvidia",
      "b": "openai",
      "kind": "Investment",
      "text": "NVIDIA announced a $30B investment in OpenAI. Announced investment, not independently verified cash received. The same announcement describes 3 GW of inference and 2 GW of training capacity, without a supply price.",
      "source": "deal-nvidia-openai-2026",
      "evidence_grade": "confirmed"
    },
    {
      "id": "amd-openai-supply",
      "from": "amd",
      "to": "openai",
      "type": "supply",
      "value_usd": null,
      "date": "2025-10-06",
      "status": "signed",
      "label_plain": "AMD signed an agreement to supply OpenAI with 6 GW of GPUs.",
      "value_note": "Six-gigawatt, multi-generation agreement. Projected supplier revenue is not a disclosed contract price.",
      "sources": [
        {
          "label": "AMD · AMD signed an agreement to supply OpenAI with 6 GW of GPUs.",
          "url": "https://ir.amd.com/financial-information/sec-filings/content/0001193125-25-230895/d28189dex991.htm",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "historical": false,
      "a": "amd",
      "b": "openai",
      "kind": "Supply",
      "text": "AMD signed an agreement to supply OpenAI with 6 GW of GPUs. Six-gigawatt, multi-generation agreement. Projected supplier revenue is not a disclosed contract price.",
      "source": "deal-amd-openai-supply",
      "evidence_grade": "confirmed"
    },
    {
      "id": "amd-openai-warrant",
      "from": "amd",
      "to": "openai",
      "type": "investment",
      "value_usd": null,
      "date": "2025-10-05",
      "status": "completed",
      "label_plain": "AMD issued OpenAI a purchase-dependent warrant for up to 160M AMD shares.",
      "value_note": "Issued warrant, not fully vested: up to 160 million AMD shares at a $0.01 exercise price, subject to purchasing and share-price milestones. AMD is not buying OpenAI equity.",
      "sources": [
        {
          "label": "AMD · AMD issued OpenAI a purchase-dependent warrant for up to 160M AMD shares.",
          "url": "https://ir.amd.com/financial-information/sec-filings/content/0001193125-25-230895/d28189d8k.htm",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "instrument": "warrant",
      "a": "amd",
      "b": "openai",
      "kind": "Investment",
      "text": "AMD issued OpenAI a purchase-dependent warrant for up to 160M AMD shares. Issued warrant, not fully vested: up to 160 million AMD shares at a $0.01 exercise price, subject to purchasing and share-price milestones. AMD is not buying OpenAI equity.",
      "source": "deal-amd-openai-warrant",
      "evidence_grade": "confirmed"
    },
    {
      "id": "oracle-openai",
      "from": "oracle",
      "to": "openai",
      "type": "supply",
      "value_usd": 300000000000,
      "date": "2025-09-10",
      "status": "signed",
      "label_plain": "Oracle reportedly signed about $300B of computing services for OpenAI over roughly five years.",
      "value_note": "Approximately $300B over roughly five years is attributed Reuters/Wall Street Journal reporting. The primary announcement confirms capacity, not that dollar amount.",
      "sources": [
        {
          "label": "Wall Street Journal · OpenAI–Oracle compute deal",
          "url": "https://www.wsj.com/business/openai-oracle-sign-300-billion-computing-deal-among-biggest-in-history-ff27c8fe",
          "verified_at": "2026-10-12T18:14:04.847Z"
        },
        {
          "label": "Reuters · reporting on the Oracle contract",
          "url": "https://www.reuters.com/technology/openai-oracle-sign-300-billion-computing-deal-wsj-reports-2025-09-10/",
          "verified_at": "2026-10-06T23:02:29.963Z"
        }
      ],
      "historical": false,
      "a": "oracle",
      "b": "openai",
      "kind": "Supply",
      "text": "Oracle reportedly signed about $300B of computing services for OpenAI over roughly five years. Approximately $300B over roughly five years is attributed Reuters/Wall Street Journal reporting. The primary announcement confirms capacity, not that dollar amount.",
      "source": "deal-oracle-openai",
      "evidence_grade": "reported",
      "contract_period": "Approximately five years",
      "value_basis": "reported_approximate"
    },
    {
      "id": "coreweave-openai",
      "from": "coreweave",
      "to": "openai",
      "type": "supply",
      "value_usd": 22400000000,
      "date": "2025-09-25",
      "status": "signed",
      "label_plain": "CoreWeave contracted up to $22.4B of cumulative computing services for OpenAI.",
      "value_note": "Cumulative maximum contract value: $11.9B in March, $4B in May and $6.5B in September 2025. Component contracts are not added a second time.",
      "sources": [
        {
          "label": "CoreWeave · CoreWeave contracted up to $22.4B of cumulative computing services for OpenAI.",
          "url": "https://www.coreweave.com/news/coreweave-expands-agreement-with-openai-by-up-to-6-5b",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "historical": false,
      "a": "coreweave",
      "b": "openai",
      "kind": "Supply",
      "text": "CoreWeave contracted up to $22.4B of cumulative computing services for OpenAI. Cumulative maximum contract value: $11.9B in March, $4B in May and $6.5B in September 2025. Component contracts are not added a second time.",
      "source": "deal-coreweave-openai",
      "evidence_grade": "confirmed"
    },
    {
      "id": "nvidia-coreweave-investment",
      "from": "nvidia",
      "to": "coreweave",
      "type": "investment",
      "value_usd": 2000000000,
      "date": "2026-01-23",
      "status": "completed",
      "label_plain": "NVIDIA completed a $2B share purchase in CoreWeave.",
      "value_note": "Completed purchase of 22,935,780 shares at $87.20 on January 23, 2026. This is one transaction, not the value of NVIDIA’s entire stake.",
      "sources": [
        {
          "label": "SEC · NVIDIA completed a $2B share purchase in CoreWeave.",
          "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962826000044/crwv-20260123.htm",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "nvidia",
      "b": "coreweave",
      "kind": "Investment",
      "text": "NVIDIA completed a $2B share purchase in CoreWeave. Completed purchase of 22,935,780 shares at $87.20 on January 23, 2026. This is one transaction, not the value of NVIDIA’s entire stake.",
      "source": "deal-nvidia-coreweave-investment",
      "evidence_grade": "confirmed"
    },
    {
      "id": "nvidia-coreweave-supply",
      "from": "nvidia",
      "to": "coreweave",
      "type": "supply",
      "value_usd": null,
      "date": "2026-01-26",
      "status": "announced",
      "label_plain": "CoreWeave agreed to expand its deployment of NVIDIA platforms.",
      "value_note": "Expanded deployment of NVIDIA platforms. Price is undisclosed; the announcement does not establish delivery of all planned systems.",
      "sources": [
        {
          "label": "NVIDIA · CoreWeave agreed to expand its deployment of NVIDIA platforms.",
          "url": "https://nvidianews.nvidia.com/news/nvidia-and-coreweave-strengthen-collaboration-to-accelerate-buildout-of-ai-factories",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "nvidia",
      "b": "coreweave",
      "kind": "Supply",
      "text": "CoreWeave agreed to expand its deployment of NVIDIA platforms. Expanded deployment of NVIDIA platforms. Price is undisclosed; the announcement does not establish delivery of all planned systems.",
      "source": "deal-nvidia-coreweave-supply",
      "evidence_grade": "confirmed"
    },
    {
      "id": "coreweave-nvidia-capacity",
      "from": "coreweave",
      "to": "nvidia",
      "type": "supply",
      "value_usd": 6300000000,
      "date": "2025-09-09",
      "status": "signed",
      "label_plain": "CoreWeave agreed to provide NVIDIA with residual unsold cloud capacity.",
      "value_note": "Initial order value; NVIDIA gets residual unsold cloud capacity; provider direction CoreWeave→NVIDIA, not reverse.",
      "sources": [
        {
          "label": "SEC · CoreWeave agreed to provide NVIDIA with residual unsold cloud capacity.",
          "url": "https://www.sec.gov/Archives/edgar/data/1769628/000176962825000047/crwv-20250909.htm",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "coreweave",
      "b": "nvidia",
      "kind": "Supply",
      "text": "CoreWeave agreed to provide NVIDIA with residual unsold cloud capacity. Initial order value; NVIDIA gets residual unsold cloud capacity; provider direction CoreWeave→NVIDIA, not reverse.",
      "source": "deal-coreweave-nvidia-capacity",
      "evidence_grade": "confirmed"
    },
    {
      "id": "broadcom-openai",
      "from": "broadcom",
      "to": "openai",
      "type": "supply",
      "value_usd": null,
      "date": "2025-10-13",
      "status": "announced",
      "label_plain": "Broadcom and OpenAI agreed to develop 10 GW of custom AI accelerators.",
      "value_note": "Planned deployment from the second half of 2026 through 2029. Capacity is a target, not verified delivery.",
      "sources": [
        {
          "label": "OpenAI · Broadcom and OpenAI agreed to develop 10 GW of custom AI accelerators.",
          "url": "https://openai.com/index/openai-and-broadcom-announce-strategic-collaboration/",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "historical": false,
      "a": "broadcom",
      "b": "openai",
      "kind": "Supply",
      "text": "Broadcom and OpenAI agreed to develop 10 GW of custom AI accelerators. Planned deployment from the second half of 2026 through 2029. Capacity is a target, not verified delivery.",
      "source": "deal-broadcom-openai",
      "evidence_grade": "confirmed"
    },
    {
      "id": "broadcom-google",
      "from": "broadcom",
      "to": "google",
      "type": "supply",
      "value_usd": null,
      "date": "2026-04-06",
      "status": "signed",
      "label_plain": "Broadcom signed a long-term agreement to develop and supply Google TPUs.",
      "value_note": "TPU development, supply and networking agreement through up to 2031. No comparable contract price disclosed.",
      "sources": [
        {
          "label": "Broadcom · Broadcom signed a long-term agreement to develop and supply Google TPUs.",
          "url": "https://investors.broadcom.com/static-files/c906d370-921b-4bc2-bb7b-57877dfcf1ae",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "broadcom",
      "b": "google",
      "kind": "Supply",
      "text": "Broadcom signed a long-term agreement to develop and supply Google TPUs. TPU development, supply and networking agreement through up to 2031. No comparable contract price disclosed.",
      "source": "deal-broadcom-google",
      "evidence_grade": "confirmed"
    },
    {
      "id": "tsmc-nvidia",
      "from": "tsmc",
      "to": "nvidia",
      "type": "supply",
      "value_usd": null,
      "date": "2025-10-17",
      "status": "delivered",
      "label_plain": "TSMC began producing NVIDIA Blackwell wafers in Arizona.",
      "value_note": "Blackwell wafer production in Arizona; this record does not price the manufacturing relationship.",
      "sources": [
        {
          "label": "NVIDIA · TSMC began producing NVIDIA Blackwell wafers in Arizona.",
          "url": "https://blogs.nvidia.com/blog/tsmc-blackwell-manufacturing/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "tsmc",
      "b": "nvidia",
      "kind": "Supply",
      "text": "TSMC began producing NVIDIA Blackwell wafers in Arizona. Blackwell wafer production in Arizona; this record does not price the manufacturing relationship.",
      "source": "deal-tsmc-nvidia",
      "evidence_grade": "confirmed"
    },
    {
      "id": "tsmc-amd",
      "from": "tsmc",
      "to": "amd",
      "type": "supply",
      "value_usd": null,
      "date": "2025-04-14",
      "status": "delivered",
      "label_plain": "TSMC produced AMD Venice silicon on its N2 process.",
      "value_note": "N2 silicon milestone, distinct from full planned commercial volume.",
      "sources": [
        {
          "label": "AMD · TSMC produced AMD Venice silicon on its N2 process.",
          "url": "https://ir.amd.com/news-events/press-releases/detail/1245/amd-achieves-first-tsmc-n2-product-silicon-milestone",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "tsmc",
      "b": "amd",
      "kind": "Supply",
      "text": "TSMC produced AMD Venice silicon on its N2 process. N2 silicon milestone, distinct from full planned commercial volume.",
      "source": "deal-tsmc-amd",
      "evidence_grade": "confirmed"
    },
    {
      "id": "tsmc-broadcom",
      "from": "tsmc",
      "to": "broadcom",
      "type": "supply",
      "value_usd": null,
      "date": "2025-11-02",
      "status": "delivered",
      "label_plain": "TSMC manufactured approximately 95% of Broadcom’s outsourced wafers in FY2025.",
      "value_note": "Fiscal 2025 manufacturing disclosure. The date denotes fiscal period end, not the signing of a new contract.",
      "sources": [
        {
          "label": "Broadcom · TSMC manufactured approximately 95% of Broadcom’s outsourced wafers in FY2025.",
          "url": "https://investors.broadcom.com/static-files/752e631c-b5f3-46af-9d67-bdeb658f5fa2",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "tsmc",
      "b": "broadcom",
      "kind": "Supply",
      "text": "TSMC manufactured approximately 95% of Broadcom’s outsourced wafers in FY2025. Fiscal 2025 manufacturing disclosure. The date denotes fiscal period end, not the signing of a new contract.",
      "source": "deal-tsmc-broadcom",
      "evidence_grade": "confirmed"
    },
    {
      "id": "tsmc-amazon",
      "from": "tsmc",
      "to": "amazon",
      "type": "supply",
      "value_usd": null,
      "date": "2022-10-27",
      "status": "delivered",
      "label_plain": "TSMC supplied advanced packaging used for Amazon Trainium production.",
      "value_note": "Documented CoWoS advanced packaging for Trainium. This record does not infer an all-chip fabrication contract.",
      "sources": [
        {
          "label": "TSMC · TSMC supplied advanced packaging used for Amazon Trainium production.",
          "url": "https://pr.tsmc.com/english/news/2968",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "tsmc",
      "b": "amazon",
      "kind": "Supply",
      "text": "TSMC supplied advanced packaging used for Amazon Trainium production. Documented CoWoS advanced packaging for Trainium. This record does not infer an all-chip fabrication contract.",
      "source": "deal-tsmc-amazon",
      "evidence_grade": "confirmed"
    },
    {
      "id": "microsoft-openai-ownership",
      "from": "microsoft",
      "to": "openai",
      "type": "ownership",
      "value_usd": null,
      "date": "2025-10-28",
      "status": "completed",
      "label_plain": "Microsoft held about 27% of OpenAI following its October 2025 recapitalization.",
      "value_note": "Approximately 27% on an as-converted, diluted basis at the recapitalization. The $135B stake valuation is not cash invested or a deal price.",
      "sources": [
        {
          "label": "SEC · Microsoft held about 27% of OpenAI following its October 2025 recapitalization.",
          "url": "https://www.sec.gov/Archives/edgar/data/789019/000119312525256310/msft-ex99_2.htm",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "historical": false,
      "a": "microsoft",
      "b": "openai",
      "kind": "Ownership",
      "text": "Microsoft held about 27% of OpenAI following its October 2025 recapitalization. Approximately 27% on an as-converted, diluted basis at the recapitalization. The $135B stake valuation is not cash invested or a deal price.",
      "source": "deal-microsoft-openai-ownership",
      "evidence_grade": "confirmed"
    },
    {
      "id": "microsoft-openai-compute",
      "from": "microsoft",
      "to": "openai",
      "type": "supply",
      "value_usd": 250000000000,
      "date": "2025-10-28",
      "status": "signed",
      "label_plain": "OpenAI contracted an incremental $250B in Microsoft Azure services.",
      "value_note": "Incremental contracted Azure services. Multi-year commitment, not annual expense or cash already paid.",
      "sources": [
        {
          "label": "SEC · OpenAI contracted an incremental $250B in Microsoft Azure services.",
          "url": "https://www.sec.gov/Archives/edgar/data/789019/000119312525256310/msft-ex99_2.htm",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "historical": false,
      "a": "microsoft",
      "b": "openai",
      "kind": "Supply",
      "text": "OpenAI contracted an incremental $250B in Microsoft Azure services. Incremental contracted Azure services. Multi-year commitment, not annual expense or cash already paid.",
      "source": "deal-microsoft-openai-compute",
      "evidence_grade": "confirmed"
    },
    {
      "id": "softbank-openai",
      "from": "softbank",
      "to": "openai",
      "type": "investment",
      "value_usd": 30000000000,
      "date": "2026-10-01",
      "status": "completed",
      "label_plain": "SoftBank completed its $30B follow-on investment in OpenAI.",
      "value_note": "Completed $30B follow-on round, including a final $10B tranche. Cumulative investment of $64.6B is a different basis and is not added to this round.",
      "sources": [
        {
          "label": "SoftBank · SoftBank completed its $30B follow-on investment in OpenAI.",
          "url": "https://group.softbank/en/news/press/20261001",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "softbank",
      "b": "openai",
      "kind": "Investment",
      "text": "SoftBank completed its $30B follow-on investment in OpenAI. Completed $30B follow-on round, including a final $10B tranche. Cumulative investment of $64.6B is a different basis and is not added to this round.",
      "source": "deal-softbank-openai",
      "evidence_grade": "confirmed"
    },
    {
      "id": "microsoft-anthropic-investment",
      "from": "microsoft",
      "to": "anthropic",
      "type": "investment",
      "value_usd": 5000000000,
      "date": "2025-11-18",
      "status": "announced",
      "label_plain": "Microsoft committed to invest up to $5B in Anthropic.",
      "value_note": "Up to $5B commitment; the announcement alone does not establish receipt of proceeds.",
      "sources": [
        {
          "label": "Microsoft · Microsoft committed to invest up to $5B in Anthropic.",
          "url": "https://blogs.microsoft.com/blog/2025/11/18/microsoft-nvidia-and-anthropic-announce-strategic-partnerships/",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "historical": false,
      "a": "microsoft",
      "b": "anthropic",
      "kind": "Investment",
      "text": "Microsoft committed to invest up to $5B in Anthropic. Up to $5B commitment; the announcement alone does not establish receipt of proceeds.",
      "source": "deal-microsoft-anthropic-investment",
      "evidence_grade": "confirmed"
    },
    {
      "id": "nvidia-anthropic-investment",
      "from": "nvidia",
      "to": "anthropic",
      "type": "investment",
      "value_usd": 10000000000,
      "date": "2025-11-18",
      "status": "announced",
      "label_plain": "NVIDIA committed to invest up to $10B in Anthropic.",
      "value_note": "Up to $10B commitment; the announcement alone does not establish receipt of proceeds.",
      "sources": [
        {
          "label": "Microsoft · NVIDIA committed to invest up to $10B in Anthropic.",
          "url": "https://blogs.microsoft.com/blog/2025/11/18/microsoft-nvidia-and-anthropic-announce-strategic-partnerships/",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "historical": false,
      "a": "nvidia",
      "b": "anthropic",
      "kind": "Investment",
      "text": "NVIDIA committed to invest up to $10B in Anthropic. Up to $10B commitment; the announcement alone does not establish receipt of proceeds.",
      "source": "deal-nvidia-anthropic-investment",
      "evidence_grade": "confirmed"
    },
    {
      "id": "microsoft-anthropic-compute",
      "from": "microsoft",
      "to": "anthropic",
      "type": "supply",
      "value_usd": 30000000000,
      "date": "2025-11-18",
      "status": "signed",
      "label_plain": "Anthropic committed to purchase $30B of Microsoft Azure computing.",
      "value_note": "Azure compute commitment. Additional capacity of up to 1 GW has no separately disclosed price here.",
      "sources": [
        {
          "label": "Microsoft · Anthropic committed to purchase $30B of Microsoft Azure computing.",
          "url": "https://blogs.microsoft.com/blog/2025/11/18/microsoft-nvidia-and-anthropic-announce-strategic-partnerships/",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "historical": false,
      "a": "microsoft",
      "b": "anthropic",
      "kind": "Supply",
      "text": "Anthropic committed to purchase $30B of Microsoft Azure computing. Azure compute commitment. Additional capacity of up to 1 GW has no separately disclosed price here.",
      "source": "deal-microsoft-anthropic-compute",
      "evidence_grade": "confirmed"
    },
    {
      "id": "google-anthropic-investment",
      "from": "google",
      "to": "anthropic",
      "type": "investment",
      "value_usd": 40000000000,
      "date": "2026-04-24",
      "status": "announced",
      "label_plain": "Google reportedly committed up to $40B to Anthropic, including $30B conditional on performance.",
      "value_note": "Attributed reporting: $10B committed initially, with another $30B conditional on performance. Up to $40B is not evidence that all funds were paid.",
      "sources": [
        {
          "label": "Bloomberg · Google investment in Anthropic",
          "url": "https://www.bloomberg.com/news/articles/2026-04-24/google-plans-to-invest-up-to-40-billion-in-anthropic",
          "verified_at": "2026-10-06T23:02:29.963Z"
        },
        {
          "label": "Bloomberg Law · Google investment report",
          "url": "https://news.bloomberglaw.com/private-equity/google-plans-to-invest-up-to-40-billion-in-anthropic",
          "verified_at": "2026-10-06T23:02:29.963Z"
        }
      ],
      "historical": false,
      "a": "google",
      "b": "anthropic",
      "kind": "Investment",
      "text": "Google reportedly committed up to $40B to Anthropic, including $30B conditional on performance. Attributed reporting: $10B committed initially, with another $30B conditional on performance. Up to $40B is not evidence that all funds were paid.",
      "source": "deal-google-anthropic-investment",
      "evidence_grade": "reported",
      "value_basis": "conditional_upper_bound"
    },
    {
      "id": "meta-scale",
      "from": "meta",
      "to": "scale",
      "type": "investment",
      "value_usd": 14300000000,
      "date": "2025-06-12",
      "status": "signed",
      "label_plain": "Meta acquired a minority stake in Scale AI; reporting puts the deal at $14.3B and 49%.",
      "value_note": "The company confirms a minority investment. The $14.3B amount and 49% stake are attributed to Associated Press reporting.",
      "sources": [
        {
          "label": "Scale AI · Meta acquired a minority stake in Scale AI; reporting puts the deal at $14.3B and 49%.",
          "url": "https://scale.com/blog/scale-ai-announces-next-phase-of-company-evolution",
          "verified_at": "2026-10-04"
        },
        {
          "label": "Associated Press · Meta acquired a minority stake in Scale AI; reporting puts the deal at $14.3B and 49%.",
          "url": "https://apnews.com/article/4b55aabf7ea018e38ffdccb66e37cf26",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "meta",
      "b": "scale",
      "kind": "Investment",
      "text": "Meta acquired a minority stake in Scale AI; reporting puts the deal at $14.3B and 49%. The company confirms a minority investment. The $14.3B amount and 49% stake are attributed to Associated Press reporting.",
      "source": "deal-meta-scale",
      "evidence_grade": "reported"
    },
    {
      "a": "nvidia",
      "b": "xai",
      "kind": "Supply",
      "source": "deal-edge-1",
      "text": "NVIDIA GPUs and networking for Colossus; documented October 2024. Dollar amount not disclosed in this tracked source.",
      "id": "edge-1",
      "date": "2024-10-28",
      "from": "nvidia",
      "to": "xai",
      "type": "supply",
      "label_plain": "NVIDIA GPUs and networking for Colossus; documented October 2024.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "signed",
      "sources": [
        {
          "label": "NVIDIA · xAI Colossus",
          "url": "https://nvidianews.nvidia.com/news/spectrum-x-ethernet-networking-xai-colossus",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "a": "nvidia",
      "b": "google",
      "kind": "Supply",
      "source": "deal-edge-2",
      "text": "Google Cloud offerings with NVIDIA Blackwell hardware; October 2025 announcement. Dollar amount not disclosed in this tracked source.",
      "id": "edge-2",
      "date": "2025-10",
      "from": "nvidia",
      "to": "google",
      "type": "supply",
      "label_plain": "Google Cloud offerings with NVIDIA Blackwell hardware; October 2025 announcement.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "announced",
      "sources": [
        {
          "label": "NVIDIA · Infrastructure partnerships",
          "url": "https://nvidianews.nvidia.com/news/nvidia-partners-ai-infrastructure-america",
          "verified_at": "2026-09-26T00:30:09.697Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "a": "nvidia",
      "b": "microsoft",
      "kind": "Supply",
      "source": "deal-edge-3",
      "text": "Azure NVIDIA infrastructure, including a cluster for OpenAI; October 2025 announcement. Dollar amount not disclosed in this tracked source.",
      "id": "edge-3",
      "date": "2025-10",
      "from": "nvidia",
      "to": "microsoft",
      "type": "supply",
      "label_plain": "Azure NVIDIA infrastructure, including a cluster for OpenAI; October 2025 announcement.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "announced",
      "sources": [
        {
          "label": "NVIDIA · Infrastructure partnerships",
          "url": "https://nvidianews.nvidia.com/news/nvidia-partners-ai-infrastructure-america",
          "verified_at": "2026-09-26T00:30:09.697Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "a": "microsoft",
      "b": "openai",
      "kind": "Investment",
      "source": "deal-edge-4",
      "date": "2026-04-27",
      "text": "Microsoft remains a major shareholder under the amended agreement. Dollar amount not disclosed in this tracked source.",
      "id": "edge-4",
      "from": "microsoft",
      "to": "openai",
      "type": "investment",
      "label_plain": "Microsoft remains a major shareholder under the amended agreement.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "announced",
      "sources": [
        {
          "label": "Microsoft · Updated OpenAI agreement",
          "url": "https://blogs.microsoft.com/blog/2026/04/27/the-next-phase-of-the-microsoft-openai-partnership/",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "a": "microsoft",
      "b": "openai",
      "kind": "Partnership",
      "source": "deal-edge-5",
      "date": "2026-04-27",
      "text": "Amended cloud and intellectual-property arrangements. Dollar amount not disclosed in this tracked source.",
      "id": "edge-5",
      "from": "microsoft",
      "to": "openai",
      "type": "partnership",
      "label_plain": "Amended cloud and intellectual-property arrangements.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "signed",
      "sources": [
        {
          "label": "Microsoft · Updated OpenAI agreement",
          "url": "https://blogs.microsoft.com/blog/2026/04/27/the-next-phase-of-the-microsoft-openai-partnership/",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "a": "amazon",
      "b": "anthropic",
      "kind": "Investment",
      "source": "deal-edge-6",
      "date": "2026-05-28",
      "text": "Previously committed $5B from Amazon is included in the Series H financing. Dollar amount not disclosed in this tracked source.",
      "id": "edge-6",
      "from": "amazon",
      "to": "anthropic",
      "type": "investment",
      "label_plain": "Previously committed $5B from Amazon is included in the Series H financing.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "announced",
      "sources": [
        {
          "label": "Anthropic · Series H",
          "url": "https://www.anthropic.com/news/series-h",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "a": "amazon",
      "b": "anthropic",
      "kind": "Supply",
      "source": "deal-edge-7",
      "date": "2026-04-20",
      "text": "Anthropic commits more than $100B to AWS technologies over ten years More than $100B over 10 years. Disclosed lower bound, not an exact total or cash paid.",
      "id": "edge-7",
      "from": "amazon",
      "to": "anthropic",
      "type": "supply",
      "label_plain": "Anthropic commits more than $100B to AWS technologies over ten years",
      "value_usd": 100000000000,
      "value_note": "More than $100B over 10 years. Disclosed lower bound, not an exact total or cash paid.",
      "status": "signed",
      "sources": [
        {
          "label": "Anthropic · Amazon compute agreement",
          "url": "https://www.anthropic.com/news/anthropic-amazon-compute",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "evidence_grade": "confirmed",
      "contract_period": "10 years",
      "value_basis": "lower_bound"
    },
    {
      "a": "google",
      "b": "anthropic",
      "kind": "Supply",
      "source": "deal-edge-8",
      "date": "2026-05-28",
      "text": "Google and Broadcom TPU capacity expansion announced. Dollar amount not disclosed in this tracked source.",
      "id": "edge-8",
      "from": "google",
      "to": "anthropic",
      "type": "supply",
      "label_plain": "Google and Broadcom TPU capacity expansion announced.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "announced",
      "sources": [
        {
          "label": "Anthropic · Series H",
          "url": "https://www.anthropic.com/news/series-h",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "a": "amazon",
      "b": "openai",
      "kind": "Investment",
      "source": "deal-edge-10",
      "date": "2026-03-31",
      "text": "Amazon is an anchor investor in the announced funding round. Dollar amount not disclosed in this tracked source.",
      "id": "edge-10",
      "from": "amazon",
      "to": "openai",
      "type": "investment",
      "label_plain": "Amazon is an anchor investor in the announced funding round.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "announced",
      "sources": [
        {
          "label": "OpenAI · Funding round",
          "url": "https://openai.com/index/accelerating-the-next-phase-ai/",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "a": "nvidia",
      "b": "openai",
      "kind": "Supply",
      "source": "deal-edge-11",
      "date": "2026-03-31",
      "text": "OpenAI describes NVIDIA as the foundation of training and most inference. Dollar amount not disclosed in this tracked source.",
      "id": "edge-11",
      "from": "nvidia",
      "to": "openai",
      "type": "supply",
      "label_plain": "OpenAI describes NVIDIA as the foundation of training and most inference.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "announced",
      "sources": [
        {
          "label": "OpenAI · Funding round",
          "url": "https://openai.com/index/accelerating-the-next-phase-ai/",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "id": "amd-anthropic-capacity",
      "a": "amd",
      "b": "anthropic",
      "kind": "Supply",
      "source": "deal-amd-anthropic-capacity",
      "date": "2026-08-04",
      "verifiedAt": "2026-09-26T20:03:37.888Z",
      "text": "AMD’s August 4 earnings release describes plans for up to 2 GW of Instinct GPUs in Helios racks for Anthropic. Not verified delivered capacity. Dollar amount not disclosed in this tracked source.",
      "from": "amd",
      "to": "anthropic",
      "type": "supply",
      "label_plain": "AMD’s August 4 earnings release describes plans for up to 2 GW of Instinct GPUs in Helios racks for Anthropic. Not verified delivered capacity.",
      "value_usd": null,
      "value_note": "Dollar amount not disclosed in this tracked source.",
      "status": "announced",
      "sources": [
        {
          "label": "AMD · AMD’s August 4 earnings release describes plans for up to 2 GW of Instinct GPUs in Helios racks for Anthropic. Not verified delivered capacity.",
          "url": "https://newsroom.amd.com/news/amd-2q-2026-earnings/",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "evidence_grade": "confirmed"
    },
    {
      "id": "us-intel-investment",
      "from": "us",
      "to": "intel",
      "type": "investment",
      "label_plain": "The U.S. government closed its Intel equity agreement; Intel received $5.695B at closing.",
      "date": "2025-08-27",
      "status": "completed",
      "value_usd": 8869800000,
      "value_note": "Total contractual disbursements, not cash received. $5.695 B received at Aug 27 closing; $3.1748 B Secure Enclave disbursements subject to program terms. 274, 583, 000 shares issued; 158, 740, 000 escrowed pending disbursements. Announced 9.9% at transaction date is not a verified current ownership percentage.",
      "sources": [
        {
          "label": "SEC · The U.S. government closed its Intel equity agreement; Intel received $5.695B at closing.",
          "url": "https://www.sec.gov/Archives/edgar/data/50863/000005086325000129/intc-20250822.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "SEC · The U.S. government closed its Intel equity agreement; Intel received $5.695B at closing.",
          "url": "https://www.sec.gov/Archives/edgar/data/50863/000005086325000135/intc-20250827.htm",
          "verified_at": "2026-10-04"
        }
      ],
      "decision": "changed",
      "historical": false,
      "a": "us",
      "b": "intel",
      "kind": "Investment",
      "text": "The U.S. government closed its Intel equity agreement; Intel received $5.695B at closing. Total contractual disbursements, not cash received. $5.695 B received at Aug 27 closing; $3.1748 B Secure Enclave disbursements subject to program terms. 274, 583, 000 shares issued; 158, 740, 000 escrowed pending disbursements. Announced 9.9% at transaction date is not a verified current ownership percentage.",
      "source": "deal-us-intel-investment",
      "evidence_grade": "confirmed"
    },
    {
      "id": "us-openai-stargate-announcement",
      "from": "us",
      "to": "openai",
      "type": "policy",
      "label_plain": "The White House hosted OpenAI at the Stargate announcement.",
      "date": "2025-01-21",
      "status": "completed",
      "value_usd": null,
      "value_note": "Documented public event; this edge does not represent U.S. government investment, approval of all projects or money paid.",
      "sources": [
        {
          "label": "www.govinfo.gov · The White House hosted OpenAI at the Stargate announcement.",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/pdf/DCPD-202500157.pdf",
          "verified_at": "2026-10-04"
        }
      ],
      "decision": "verified",
      "historical": false,
      "a": "us",
      "b": "openai",
      "kind": "Policy",
      "text": "The White House hosted OpenAI at the Stargate announcement. Documented public event; this edge does not represent U.S. government investment, approval of all projects or money paid.",
      "source": "deal-us-openai-stargate-announcement",
      "evidence_grade": "confirmed"
    },
    {
      "id": "us-softbank-stargate-announcement",
      "from": "us",
      "to": "softbank",
      "type": "policy",
      "label_plain": "The White House hosted SoftBank at the Stargate announcement.",
      "date": "2025-01-21",
      "status": "completed",
      "value_usd": null,
      "value_note": "Documented public event; this edge does not represent U.S. government investment, approval of all projects or money paid.",
      "sources": [
        {
          "label": "www.govinfo.gov · The White House hosted SoftBank at the Stargate announcement.",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/pdf/DCPD-202500157.pdf",
          "verified_at": "2026-10-04"
        }
      ],
      "decision": "verified",
      "historical": false,
      "a": "us",
      "b": "softbank",
      "kind": "Policy",
      "text": "The White House hosted SoftBank at the Stargate announcement. Documented public event; this edge does not represent U.S. government investment, approval of all projects or money paid.",
      "source": "deal-us-softbank-stargate-announcement",
      "evidence_grade": "confirmed"
    },
    {
      "id": "us-oracle-stargate-announcement",
      "from": "us",
      "to": "oracle",
      "type": "policy",
      "label_plain": "The White House hosted Oracle at the Stargate announcement.",
      "date": "2025-01-21",
      "status": "completed",
      "value_usd": null,
      "value_note": "Documented public event; this edge does not represent U.S. government investment, approval of all projects or money paid.",
      "sources": [
        {
          "label": "www.govinfo.gov · The White House hosted Oracle at the Stargate announcement.",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/pdf/DCPD-202500157.pdf",
          "verified_at": "2026-10-04"
        }
      ],
      "decision": "verified",
      "historical": false,
      "a": "us",
      "b": "oracle",
      "kind": "Policy",
      "text": "The White House hosted Oracle at the Stargate announcement. Documented public event; this edge does not represent U.S. government investment, approval of all projects or money paid.",
      "source": "deal-us-oracle-stargate-announcement",
      "evidence_grade": "confirmed"
    },
    {
      "id": "us-nvidia-h20-revenue-expectation",
      "from": "us",
      "to": "nvidia",
      "type": "policy",
      "label_plain": "U.S. officials said they expected 15% of licensed NVIDIA H20 China revenue.",
      "date": "2025-08",
      "status": "announced",
      "value_usd": null,
      "value_note": "Historical announced expectation, not a verified payment or current statutory rate. NVIDIA's July 2025 quarter filing said no codifying regulation had been published.",
      "sources": [
        {
          "label": "SEC · U.S. officials said they expected 15% of licensed NVIDIA H20 China revenue.",
          "url": "https://www.sec.gov/Archives/edgar/data/1045810/000104581025000209/nvda-20250727.htm",
          "verified_at": "2026-10-04"
        }
      ],
      "decision": "changed",
      "historical": true,
      "a": "us",
      "b": "nvidia",
      "kind": "Policy",
      "text": "U.S. officials said they expected 15% of licensed NVIDIA H20 China revenue. Historical announced expectation, not a verified payment or current statutory rate. NVIDIA's July 2025 quarter filing said no codifying regulation had been published.",
      "source": "deal-us-nvidia-h20-revenue-expectation",
      "evidence_grade": "confirmed"
    },
    {
      "id": "us-amd-mi308-revenue-expectation",
      "from": "us",
      "to": "amd",
      "type": "policy",
      "label_plain": "U.S. officials said they expected 15% of licensed AMD MI308 China revenue.",
      "date": "2025-08",
      "status": "announced",
      "value_usd": null,
      "value_note": "Historical announced expectation; AM D's 2025 10-K says no establishing regulation had been published as of that filing. No payment amount verified.",
      "sources": [
        {
          "label": "SEC · U.S. officials said they expected 15% of licensed AMD MI308 China revenue.",
          "url": "https://www.sec.gov/Archives/edgar/data/2488/000000248826000018/amd-20251227.htm",
          "verified_at": "2026-10-04"
        }
      ],
      "decision": "changed",
      "historical": true,
      "a": "us",
      "b": "amd",
      "kind": "Policy",
      "text": "U.S. officials said they expected 15% of licensed AMD MI308 China revenue. Historical announced expectation; AM D's 2025 10-K says no establishing regulation had been published as of that filing. No payment amount verified.",
      "source": "deal-us-amd-mi308-revenue-expectation",
      "evidence_grade": "confirmed"
    },
    {
      "id": "us-china-advanced-chip-controls",
      "from": "us",
      "to": "china",
      "type": "policy",
      "label_plain": "BIS strengthened advanced-chip export controls and foundry due-diligence requirements targeting diversion to China.",
      "date": "2025-01-15",
      "status": "announced",
      "value_usd": null,
      "value_note": "Historical regulatory action; scope is specific controlled items and destinations, not a ban on all chips. This record does not claim to summarize every later amendment.",
      "sources": [
        {
          "label": "BIS · BIS strengthened advanced-chip export controls and foundry due-diligence requirements targeting diversion to China.",
          "url": "https://www.bis.gov/press-release/commerce-strengthens-restrictions-advanced-computing-semiconductors-enhance-foundry-due-diligence-prevent",
          "verified_at": "2026-10-04"
        }
      ],
      "decision": "verified",
      "historical": false,
      "a": "us",
      "b": "china",
      "kind": "Policy",
      "text": "BIS strengthened advanced-chip export controls and foundry due-diligence requirements targeting diversion to China. Historical regulatory action; scope is specific controlled items and destinations, not a ban on all chips. This record does not claim to summarize every later amendment.",
      "source": "deal-us-china-advanced-chip-controls",
      "evidence_grade": "confirmed"
    },
    {
      "id": "china-nvidia-h20-inquiry",
      "from": "china",
      "to": "nvidia",
      "type": "policy",
      "label_plain": "China's cyberspace regulator requested NVIDIA evidence about H20 security risks.",
      "date": "2025-07-31",
      "status": "completed",
      "value_usd": null,
      "value_note": "The meeting and information request occurred. This is not a finding that a backdoor exists or a completed investigation.",
      "sources": [
        {
          "label": "www.cac.gov.cn · China's cyberspace regulator requested NVIDIA evidence about H20 security risks.",
          "url": "https://www.cac.gov.cn/2025-07/31/c_1755675743897163.htm",
          "verified_at": "2026-10-04"
        }
      ],
      "decision": "verified",
      "historical": false,
      "a": "china",
      "b": "nvidia",
      "kind": "Policy",
      "text": "China's cyberspace regulator requested NVIDIA evidence about H20 security risks. The meeting and information request occurred. This is not a finding that a backdoor exists or a completed investigation.",
      "source": "deal-china-nvidia-h20-inquiry",
      "evidence_grade": "confirmed"
    },
    {
      "id": "china-nvidia-mellanox-probe",
      "from": "china",
      "to": "nvidia",
      "type": "policy",
      "label_plain": "China's market regulator announced further investigation of NVIDIA's compliance with Mellanox acquisition conditions.",
      "date": "2025-09-15",
      "status": "announced",
      "value_usd": null,
      "value_note": "SAM R announcement follows its preliminary investigation. Do not label as a final adjudication or completed penalty.",
      "sources": [
        {
          "label": "www.samr.gov.cn · China's market regulator announced further investigation of NVIDIA's compliance with Mellanox acquisition conditions.",
          "url": "https://www.samr.gov.cn/xw/zj/art/2025/art_66b8363c3a194ba0a394a843d6cf3fd1.html",
          "verified_at": "2026-10-04"
        }
      ],
      "decision": "verified",
      "historical": false,
      "a": "china",
      "b": "nvidia",
      "kind": "Policy",
      "text": "China's market regulator announced further investigation of NVIDIA's compliance with Mellanox acquisition conditions. SAM R announcement follows its preliminary investigation. Do not label as a final adjudication or completed penalty.",
      "source": "deal-china-nvidia-mellanox-probe",
      "evidence_grade": "confirmed"
    },
    {
      "id": "sam-altman-role",
      "from": "sam-altman",
      "to": "openai",
      "type": "role",
      "label_plain": "Sam Altman is OpenAI's CEO.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "OpenAI · Sam Altman is OpenAI's CEO.",
          "url": "https://openai.com/our-structure/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "sam-altman",
      "b": "openai",
      "kind": "Role",
      "text": "Sam Altman is OpenAI's CEO. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-sam-altman-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "jensen-huang-role",
      "from": "jensen-huang",
      "to": "nvidia",
      "type": "role",
      "label_plain": "Jensen Huang is NVIDIA's co-founder, president and CEO.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "NVIDIA · Jensen Huang is NVIDIA's co-founder, president and CEO.",
          "url": "https://www.nvidia.com/en-us/about-nvidia/board-of-directors/jensen-huang/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "jensen-huang",
      "b": "nvidia",
      "kind": "Role",
      "text": "Jensen Huang is NVIDIA's co-founder, president and CEO. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-jensen-huang-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "dario-amodei-role",
      "from": "dario-amodei",
      "to": "anthropic",
      "type": "role",
      "label_plain": "Dario Amodei is Anthropic's co-founder and CEO.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "Anthropic · Dario Amodei is Anthropic's co-founder and CEO.",
          "url": "https://www.anthropic.com/company/leadership",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "dario-amodei",
      "b": "anthropic",
      "kind": "Role",
      "text": "Dario Amodei is Anthropic's co-founder and CEO. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-dario-amodei-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "elon-musk-role",
      "from": "elon-musk",
      "to": "spacex",
      "type": "role",
      "label_plain": "Elon Musk is SpaceX's founder and CEO.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "ir.spacex.com · Elon Musk is SpaceX's founder and CEO.",
          "url": "https://ir.spacex.com/leadership/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "elon-musk",
      "b": "spacex",
      "kind": "Role",
      "text": "Elon Musk is SpaceX's founder and CEO. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-elon-musk-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "satya-nadella-role",
      "from": "satya-nadella",
      "to": "microsoft",
      "type": "role",
      "label_plain": "Satya Nadella is Microsoft's chairman and CEO.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "Microsoft · Satya Nadella is Microsoft's chairman and CEO.",
          "url": "https://news.microsoft.com/source/exec/satya-nadella/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "satya-nadella",
      "b": "microsoft",
      "kind": "Role",
      "text": "Satya Nadella is Microsoft's chairman and CEO. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-satya-nadella-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "sundar-pichai-role",
      "from": "sundar-pichai",
      "to": "google",
      "type": "role",
      "label_plain": "Sundar Pichai is CEO of Alphabet and Google.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "SEC · Sundar Pichai is CEO of Alphabet and Google.",
          "url": "https://www.sec.gov/Archives/edgar/data/1652044/000130817926000342/goog-20260424.htm",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "sundar-pichai",
      "b": "google",
      "kind": "Role",
      "text": "Sundar Pichai is CEO of Alphabet and Google. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-sundar-pichai-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "lisa-su-role",
      "from": "lisa-su",
      "to": "amd",
      "type": "role",
      "label_plain": "Lisa Su is AMD's chair and CEO.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "AMD · Lisa Su is AMD's chair and CEO.",
          "url": "https://www.amd.com/en/corporate/leadership/lisa-su.html",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "lisa-su",
      "b": "amd",
      "kind": "Role",
      "text": "Lisa Su is AMD's chair and CEO. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-lisa-su-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "mark-zuckerberg-role",
      "from": "mark-zuckerberg",
      "to": "meta",
      "type": "role",
      "label_plain": "Mark Zuckerberg is Meta's founder, chairman and CEO.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "investor.atmeta.com · Mark Zuckerberg is Meta's founder, chairman and CEO.",
          "url": "https://investor.atmeta.com/leadership-and-governance/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "mark-zuckerberg",
      "b": "meta",
      "kind": "Role",
      "text": "Mark Zuckerberg is Meta's founder, chairman and CEO. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-mark-zuckerberg-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "masayoshi-son-role",
      "from": "masayoshi-son",
      "to": "softbank",
      "type": "role",
      "label_plain": "Masayoshi Son is SoftBank Group's chairman and CEO.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "SoftBank · Masayoshi Son is SoftBank Group's chairman and CEO.",
          "url": "https://group.softbank/en/about/officer/son",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "masayoshi-son",
      "b": "softbank",
      "kind": "Role",
      "text": "Masayoshi Son is SoftBank Group's chairman and CEO. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-masayoshi-son-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "larry-ellison-role",
      "from": "larry-ellison",
      "to": "oracle",
      "type": "role",
      "label_plain": "Larry Ellison is Oracle's executive chairman and chief technology officer.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "Oracle · Larry Ellison is Oracle's executive chairman and chief technology officer.",
          "url": "https://www.oracle.com/corporate/executives/larry-ellison/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "larry-ellison",
      "b": "oracle",
      "kind": "Role",
      "text": "Larry Ellison is Oracle's executive chairman and chief technology officer. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-larry-ellison-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "donald-trump-role",
      "from": "donald-trump",
      "to": "us",
      "type": "role",
      "label_plain": "Donald Trump is President of the United States.",
      "date": "2026-10-04",
      "date_note": "Observed role; not appointment date",
      "status": "completed",
      "value_usd": null,
      "sources": [
        {
          "label": "White House · Donald Trump is President of the United States.",
          "url": "https://www.whitehouse.gov/administration/donald-j-trump/",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "donald-trump",
      "b": "us",
      "kind": "Role",
      "text": "Donald Trump is President of the United States. Dollar amount undisclosed.",
      "value_note": "Dollar amount undisclosed.",
      "source": "deal-donald-trump-role",
      "evidence_grade": "confirmed"
    },
    {
      "id": "spacex-xai-acquired",
      "from": "spacex",
      "to": "xai",
      "type": "acquisition",
      "label_plain": "SpaceX acquired xAI.",
      "date": "2026-02-02",
      "status": "completed",
      "value_usd": null,
      "value_note": "Acquisition completion stated by company; no deal price in this primary announcement.",
      "sources": [
        {
          "label": "x.ai · SpaceX acquired xAI.",
          "url": "https://x.ai/news/xai-joins-spacex",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "a": "spacex",
      "b": "xai",
      "kind": "Acquisition",
      "text": "SpaceX acquired xAI. Acquisition completion stated by company; no deal price in this primary announcement.",
      "source": "deal-spacex-xai-acquired",
      "evidence_grade": "confirmed"
    },
    {
      "id": "amd-world-labs",
      "from": "amd",
      "to": "world-labs",
      "type": "acquisition",
      "label_plain": "AMD announced an approximately $8.2B all-stock agreement to acquire World Labs. Fei-Fei Li would join as executive vice president and chief scientist after closing.",
      "value_usd": 8200000000,
      "value_note": "All-stock agreement; expected closing is conditional, not completed.",
      "date": "2026-09-28",
      "status": "signed",
      "corporate_event_id": "amd-world-labs",
      "sources": [
        {
          "label": "GlobeNewswire · World Labs acquisition agreement",
          "url": "https://www.globenewswire.com/news-release/2026/09/28/3370256/0/en/amd-to-acquire-world-labs-to-advance-the-future-of-ai-compute.html",
          "verified_at": "2026-10-04"
        }
      ],
      "a": "amd",
      "b": "world-labs",
      "kind": "Acquisition",
      "text": "AMD announced an approximately $8.2B all-stock agreement to acquire World Labs. Fei-Fei Li would join as executive vice president and chief scientist after closing. All-stock agreement; expected closing is conditional, not completed.",
      "source": "deal-amd-world-labs",
      "evidence_grade": "confirmed"
    },
    {
      "id": "nvidia-hugging-face",
      "from": "nvidia",
      "to": "hugging-face",
      "type": "acquisition",
      "label_plain": "NVIDIA’s filing separates approximately $11.9B payable to shareholders from up to $1B of employee retention awards. Closing is expected in H1 2027, subject to conditions and approvals.",
      "value_usd": 11900000000,
      "value_note": "Purchase price to stockholders; excludes up to $1 B employee retention. Agreement, not completed ownership.",
      "date": "2026-09-03",
      "status": "signed",
      "corporate_event_id": "nvidia-hugging-face",
      "sources": [
        {
          "label": "SEC · acquisition Form 8-K",
          "url": "https://www.sec.gov/Archives/edgar/data/1045810/000104581026000078/nvda-20260902.htm",
          "verified_at": "2026-10-04"
        },
        {
          "label": "NVIDIA · Hugging Face agreement",
          "url": "https://blogs.nvidia.com/blog/nvidia-to-acquire-hugging-face/",
          "verified_at": "2026-10-04"
        }
      ],
      "a": "nvidia",
      "b": "hugging-face",
      "kind": "Acquisition",
      "text": "NVIDIA’s filing separates approximately $11.9B payable to shareholders from up to $1B of employee retention awards. Closing is expected in H1 2027, subject to conditions and approvals. Purchase price to stockholders; excludes up to $1 B employee retention. Agreement, not completed ownership.",
      "source": "deal-nvidia-hugging-face",
      "evidence_grade": "confirmed"
    },
    {
      "id": "nscale-convertible-2026",
      "from": "nvidia",
      "to": "nscale",
      "type": "investment",
      "label_plain": "Nscale announced $3.36B in convertible financing: $2.36B at initial closing and $1B committed by NVIDIA, expected in mid-November. Notes convert on IPO completion.",
      "value_usd": 1000000000,
      "value_note": "NVIDIA tranche committed for expected mid-November funding; not yet received.",
      "date": "2026-09-25",
      "status": "signed",
      "corporate_event_id": "nscale-convertible-2026",
      "sources": [
        {
          "label": "Nscale · convertible financing",
          "url": "https://www.nscale.com/press-releases/pre-ipo-convertible-financing",
          "verified_at": "2026-10-04"
        }
      ],
      "a": "nvidia",
      "b": "nscale",
      "kind": "Investment",
      "text": "Nscale announced $3.36B in convertible financing: $2.36B at initial closing and $1B committed by NVIDIA, expected in mid-November. Notes convert on IPO completion. NVIDIA tranche committed for expected mid-November funding; not yet received.",
      "source": "deal-nscale-convertible-2026",
      "evidence_grade": "confirmed"
    },
    {
      "id": "anthropic-broadcom-financing",
      "corporate_event_id": "anthropic-broadcom-financing",
      "from": "broadcom",
      "to": "anthropic",
      "type": "investment",
      "label_plain": "Broadcom reportedly agreed to lend Anthropic up to $42B through a convertible facility.",
      "date": "2026-10-01",
      "status": "signed",
      "value_usd": 42000000000,
      "value_note": "Reuters reports up to $42B of convertible financing from a nonpublic prospectus. No public filing verified; note issuance and received proceeds unconfirmed.",
      "sources": [
        {
          "label": "Reuters · Broadcom–Anthropic financing report",
          "url": "https://www.reuters.com/business/broadcom-lend-anthropic-up-42-billion-lease-its-chips-filing-says-2026-10-01/",
          "verified_at": "2026-10-06T23:02:29.963Z"
        },
        {
          "label": "MarketScreener · Reuters financing report",
          "url": "https://www.marketscreener.com/news/broadcom-to-lend-anthropic-up-to-42-billion-to-lease-its-chips-filing-says-ce785ad3de89fe20",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "a": "broadcom",
      "b": "anthropic",
      "kind": "Investment",
      "text": "Broadcom reportedly agreed to lend Anthropic up to $42B through a convertible facility. Reuters reports up to $42B of convertible financing from a nonpublic prospectus. No public filing verified; note issuance and received proceeds unconfirmed.",
      "source": "deal-anthropic-broadcom-financing",
      "evidence_grade": "reported",
      "value_basis": "reported_upper_bound",
      "contract_period": "Facility; issuance conditional on IPO"
    },
    {
      "id": "broadcom-anthropic-compute",
      "corporate_event_id": "anthropic-broadcom-financing",
      "from": "broadcom",
      "to": "anthropic",
      "type": "supply",
      "label_plain": "Anthropic reportedly agreed to a five-year $125.2B TPU lease through Broadcom.",
      "date": "2026-10-01",
      "status": "signed",
      "value_usd": 125200000000,
      "value_note": "Reuters reports a $125.2B five-year lease from a nonpublic prospectus. No public filing verified; not annual revenue or paid cash.",
      "sources": [
        {
          "label": "Reuters · Broadcom–Anthropic financing report",
          "url": "https://www.reuters.com/business/broadcom-lend-anthropic-up-42-billion-lease-its-chips-filing-says-2026-10-01/",
          "verified_at": "2026-10-06T23:02:29.963Z"
        },
        {
          "label": "MarketScreener · Reuters financing report",
          "url": "https://www.marketscreener.com/news/broadcom-to-lend-anthropic-up-to-42-billion-to-lease-its-chips-filing-says-ce785ad3de89fe20",
          "verified_at": "2026-10-12T18:14:04.847Z"
        }
      ],
      "a": "broadcom",
      "b": "anthropic",
      "kind": "Supply",
      "text": "Anthropic reportedly agreed to a five-year $125.2B TPU lease through Broadcom. Reuters reports a $125.2B five-year lease from a nonpublic prospectus. No public filing verified; not annual revenue or paid cash.",
      "source": "deal-broadcom-anthropic-compute",
      "evidence_grade": "reported",
      "value_basis": "reported_lease",
      "contract_period": "Five-year lease"
    },
    {
      "id": "sam-altman-stargate-participation",
      "from": "sam-altman",
      "to": "us",
      "type": "policy",
      "action_subtype": "announcement_participation",
      "label_plain": "Sam Altman spoke at the White House Stargate announcement.",
      "value_usd": null,
      "value_note": "Documented participation only; not a government funding commitment or endorsement.",
      "date": "2025-01-21",
      "status": "completed",
      "evidence_grade": "confirmed",
      "sources": [
        {
          "label": "GovInfo · official Stargate remarks transcript",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/html/DCPD-202500157.htm",
          "verified_at": "2026-10-06T23:24:14.057Z"
        }
      ],
      "metric_eligible": false,
      "historical": false,
      "a": "sam-altman",
      "b": "us",
      "kind": "Policy",
      "text": "Sam Altman spoke at the White House Stargate announcement.",
      "source": "deal-sam-altman-stargate-participation"
    },
    {
      "id": "masayoshi-son-stargate-participation",
      "from": "masayoshi-son",
      "to": "us",
      "type": "policy",
      "action_subtype": "announcement_participation",
      "label_plain": "Masayoshi Son spoke at the White House Stargate announcement.",
      "value_usd": null,
      "value_note": "Documented participation only; not a government funding commitment or endorsement.",
      "date": "2025-01-21",
      "status": "completed",
      "evidence_grade": "confirmed",
      "sources": [
        {
          "label": "GovInfo · official Stargate remarks transcript",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/html/DCPD-202500157.htm",
          "verified_at": "2026-10-06T23:24:14.057Z"
        }
      ],
      "metric_eligible": false,
      "historical": false,
      "a": "masayoshi-son",
      "b": "us",
      "kind": "Policy",
      "text": "Masayoshi Son spoke at the White House Stargate announcement.",
      "source": "deal-masayoshi-son-stargate-participation"
    },
    {
      "id": "larry-ellison-stargate-participation",
      "from": "larry-ellison",
      "to": "us",
      "type": "policy",
      "action_subtype": "announcement_participation",
      "label_plain": "Larry Ellison spoke at the White House Stargate announcement.",
      "value_usd": null,
      "value_note": "Documented participation only; not a government funding commitment or endorsement.",
      "date": "2025-01-21",
      "status": "completed",
      "evidence_grade": "confirmed",
      "sources": [
        {
          "label": "GovInfo · official Stargate remarks transcript",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/html/DCPD-202500157.htm",
          "verified_at": "2026-10-06T23:24:14.057Z"
        }
      ],
      "metric_eligible": false,
      "historical": false,
      "a": "larry-ellison",
      "b": "us",
      "kind": "Policy",
      "text": "Larry Ellison spoke at the White House Stargate announcement.",
      "source": "deal-larry-ellison-stargate-participation"
    },
    {
      "id": "donald-trump-stargate-participation",
      "from": "donald-trump",
      "to": "us",
      "type": "policy",
      "action_subtype": "announcement_participation",
      "label_plain": "President Trump hosted the White House Stargate announcement.",
      "value_usd": null,
      "value_note": "Documented participation only; not a government funding commitment or endorsement.",
      "date": "2025-01-21",
      "status": "completed",
      "evidence_grade": "confirmed",
      "sources": [
        {
          "label": "GovInfo · official Stargate remarks transcript",
          "url": "https://www.govinfo.gov/content/pkg/DCPD-202500157/html/DCPD-202500157.htm",
          "verified_at": "2026-10-06T23:24:14.057Z"
        }
      ],
      "metric_eligible": false,
      "historical": false,
      "a": "donald-trump",
      "b": "us",
      "kind": "Policy",
      "text": "President Trump hosted the White House Stargate announcement.",
      "source": "deal-donald-trump-stargate-participation"
    },
    {
      "id": "donald-trump-eo-14179",
      "from": "donald-trump",
      "to": "us",
      "type": "policy",
      "action_subtype": "signed_executive_order",
      "label_plain": "President Trump signed Executive Order 14179, directing development of an AI Action Plan.",
      "value_usd": null,
      "value_note": "Official action in presidential capacity; no inferred personal influence.",
      "date": "2025-01-23",
      "status": "completed",
      "evidence_grade": "confirmed",
      "sources": [
        {
          "label": "White House · Executive Order 14179",
          "url": "https://www.whitehouse.gov/presidential-actions/2025/01/removing-barriers-to-american-leadership-in-artificial-intelligence/",
          "verified_at": "2026-10-06T23:24:14.057Z"
        }
      ],
      "metric_eligible": false,
      "historical": false,
      "a": "donald-trump",
      "b": "us",
      "kind": "Policy",
      "text": "President Trump signed Executive Order 14179, directing development of an AI Action Plan.",
      "source": "deal-donald-trump-eo-14179"
    },
    {
      "id": "spacex-google-compute",
      "from": "spacex",
      "to": "google",
      "type": "supply",
      "label_plain": "SpaceX reportedly agreed on June 5, 2026 to provide Google access to about 110,000 NVIDIA GPUs at its Memphis-area facilities; Google called it short-term bridge capacity.",
      "date": "2026-06-05",
      "status": "signed",
      "value_usd": null,
      "value_note": "Reported fee is $920M per month at full rate from October 2026 to June 2029 (about $30B if run to term). Either party may exit on 90 days' notice after December 31, 2026, so no total is recorded. Contract value, not cash paid; GPU delivery against the September 30, 2026 deadline is not verified.",
      "sources": [
        {
          "label": "AI Business · Google–SpaceX compute agreement report",
          "url": "https://aibusiness.com/generative-ai/google-pay-spacex-30-billion-ai-compute",
          "verified_at": "2026-10-18T12:11:44.344Z"
        },
        {
          "label": "Techstrong IT · SpaceX–Google cloud agreement terms",
          "url": "https://techstrong.it/featured/spacex-inks-920m-monthly-ai-cloud-deal-with-google-ahead-of-mega-ipo/",
          "verified_at": "2026-10-18T12:11:45.435Z"
        }
      ],
      "a": "spacex",
      "b": "google",
      "kind": "Supply",
      "text": "SpaceX reportedly agreed on June 5, 2026 to provide Google access to about 110,000 NVIDIA GPUs at its Memphis-area facilities; Google called it short-term bridge capacity. Reported fee is $920M per month at full rate from October 2026 to June 2029 (about $30B if run to term). Either party may exit on 90 days' notice after December 31, 2026, so no total is recorded. Contract value, not cash paid; GPU delivery against the September 30, 2026 deadline is not verified.",
      "source": "deal-spacex-google-compute",
      "evidence_grade": "reported",
      "value_basis": "reported_lease",
      "contract_period": "October 2026 to June 2029; terminable on 90 days' notice after December 31, 2026"
    },
    {
      "id": "nscale-microsoft-compute",
      "from": "nscale",
      "to": "microsoft",
      "type": "supply",
      "label_plain": "Nscale announced on October 15, 2025 an expanded contract to deliver approximately 200,000 NVIDIA GB300 GPUs of AI infrastructure to Microsoft across Europe and the U.S.",
      "date": "2025-10-15",
      "status": "signed",
      "value_usd": null,
      "value_note": "No contract value was disclosed in the announcement. Includes about 12,600 GPUs in Sines, Portugal from Q1 2026 and builds on the planned ~23,000-GPU Loughton, UK campus from Q1 2027. Nscale's Form S-1 (filed September 18, 2026) says statements of work with Microsoft signed between September 2025 and April 2026 provide for payments of up to approximately $43.8B through December 2033, excluding optional extensions and subject to delivery and service-availability requirements; this is a ceiling across all Microsoft statements of work, not the value of this announcement or cash received, so value_usd stays empty. On October 18, 2026, The Telegraph and Reuters reported that Microsoft terminated the Loughton agreement after grid officials said power was unlikely before the 2030s. On October 19, 2026, an Nscale spokesperson confirmed to Data Center Knowledge that Microsoft terminated the Loughton contract; Nscale said it remains committed to the site, is exploring alternative power, and that the issue does not affect its other Microsoft contracts. No financial impact was disclosed. On November 5, 2026, the Financial Times and then Reuters, citing an unnamed source, reported that Microsoft will not exercise an option to more than double its existing Texas agreement with Nscale; the source said the decision predated the September IPO filing, the existing Texas contract is unaffected and Nscale's disclosed total contract value (about $103B) is unchanged. Neither company commented; this is reported, not confirmed.",
      "sources": [
        {
          "label": "Nscale · approximately 200,000 NVIDIA GB300 GPUs contracted with Microsoft",
          "url": "https://www.nscale.com/press-releases/nscale-microsoft-2025",
          "verified_at": "2026-10-19T12:12:19.222Z"
        },
        {
          "label": "Global Banking & Finance Review · Microsoft pulls out of Nscale Loughton deal (citing The Telegraph and Reuters)",
          "url": "https://www.globalbankingandfinance.com/microsoft-pulls-out-uk-data-center-deal-nscale-telegraph/",
          "verified_at": "2026-10-19T12:12:19.448Z"
        },
        {
          "label": "Data Center Knowledge · Nscale spokesperson confirms Microsoft terminated the Loughton contract",
          "url": "https://datacenterknowledge.com/build-design/microsoft-exits-nscale-data-center-deal-over-uk-power-delays",
          "verified_at": "2026-10-19T20:11:03.025Z"
        },
        {
          "label": "SEC · Nscale Form S-1: Microsoft statements of work up to ~$43.8B through December 2033",
          "url": "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-20260918.htm",
          "verified_at": "2026-10-20T12:10:49.000Z"
        },
        {
          "label": "Reuters via Euronext · Microsoft will not expand Texas data center deal with Nscale, source says",
          "url": "https://live.euronext.com/en/financial-news/microsoft-will-not-expand-texas-data-center-deal-uks-nscale-source-says",
          "verified_at": "2026-11-07T20:11:28.451Z"
        }
      ],
      "historical": false,
      "a": "nscale",
      "b": "microsoft",
      "kind": "Supply",
      "text": "Nscale announced on October 15, 2025 an expanded contract to deliver approximately 200,000 NVIDIA GB300 GPUs of AI infrastructure to Microsoft across Europe and the U.S. No contract value was disclosed in the announcement. Includes about 12,600 GPUs in Sines, Portugal from Q1 2026 and builds on the planned ~23,000-GPU Loughton, UK campus from Q1 2027. Nscale's Form S-1 (filed September 18, 2026) says statements of work with Microsoft signed between September 2025 and April 2026 provide for payments of up to approximately $43.8B through December 2033, excluding optional extensions and subject to delivery and service-availability requirements; this is a ceiling across all Microsoft statements of work, not the value of this announcement or cash received, so value_usd stays empty. On October 18, 2026, The Telegraph and Reuters reported that Microsoft terminated the Loughton agreement after grid officials said power was unlikely before the 2030s. On October 19, 2026, an Nscale spokesperson confirmed to Data Center Knowledge that Microsoft terminated the Loughton contract; Nscale said it remains committed to the site, is exploring alternative power, and that the issue does not affect its other Microsoft contracts. No financial impact was disclosed. On November 5, 2026, the Financial Times and then Reuters, citing an unnamed source, reported that Microsoft will not exercise an option to more than double its existing Texas agreement with Nscale; the source said the decision predated the September IPO filing, the existing Texas contract is unaffected and Nscale's disclosed total contract value (about $103B) is unchanged. Neither company commented; this is reported, not confirmed.",
      "source": "deal-nscale-microsoft-compute",
      "evidence_grade": "confirmed"
    },
    {
      "id": "akamai-anthropic-compute",
      "from": "akamai",
      "to": "anthropic",
      "type": "supply",
      "value_usd": 11600000000,
      "date": "2026-09-24",
      "status": "signed",
      "label_plain": "Akamai announced on September 24, 2026 that Anthropic made $11.6B of contractual commitments over seven years for CPU workloads on Akamai Cloud.",
      "value_note": "Contractual purchase commitment over seven years, not revenue received. The agreement allows up to an additional $9B (about $20B potential total), each further $3B at mutually agreed terms; the option is excluded from value_usd. Akamai issued Anthropic a warrant for non-voting convertible preferred stock equal to 7.7 million common shares (up to about 5% of outstanding common stock) at $111.33 per share: about 2% expected to vest with the $11.6B commitment and about 1% per additional $3B. Akamai estimates about $5.5B of related capex, a roughly $1.7B increase in 2026 capex, and no impact to 2026 revenue guidance.",
      "sources": [
        {
          "label": "Akamai · Anthropic commits $11.6B over seven years to Akamai Cloud for CPU workloads",
          "url": "https://www.akamai.com/newsroom/press-release/akamai-announces-11-6-billion-multi-year-agreement-with-anthropic-to-support-growing-demand",
          "verified_at": "2026-10-30"
        }
      ],
      "historical": false,
      "a": "akamai",
      "b": "anthropic",
      "kind": "Supply",
      "text": "Akamai announced on September 24, 2026 that Anthropic made $11.6B of contractual commitments over seven years for CPU workloads on Akamai Cloud. Contractual purchase commitment over seven years, not revenue received. The agreement allows up to an additional $9B (about $20B potential total), each further $3B at mutually agreed terms; the option is excluded from value_usd. Akamai issued Anthropic a warrant for non-voting convertible preferred stock equal to 7.7 million common shares (up to about 5% of outstanding common stock) at $111.33 per share: about 2% expected to vest with the $11.6B commitment and about 1% per additional $3B. Akamai estimates about $5.5B of related capex, a roughly $1.7B increase in 2026 capex, and no impact to 2026 revenue guidance.",
      "source": "deal-akamai-anthropic-compute",
      "evidence_grade": "confirmed"
    },
    {
      "id": "spacex-anthropic-compute",
      "from": "spacex",
      "to": "anthropic",
      "type": "supply",
      "value_usd": null,
      "date": "2026-10-26",
      "status": "signed",
      "label_plain": "Anthropic's Form S-1, filed October 26, 2026, discloses compute agreements with SpaceX.AI LLC, a SpaceX subsidiary, entered into and amended between May and October 2026, for an aggregate of up to $120.5B over terms extending into 2029.",
      "value_note": "Up to $120.5B is a ceiling, not a fixed commitment or cash paid. Initial non-cancelable periods end in January and March 2027, after which either party may cancel each agreement on 90 days' written notice, so no total is recorded in value_usd. Reported run rate is about $3.1B per month once all contracted capacity is delivered, which Anthropic expects in December 2026. SpaceX has not commented; per the SpaceX node note, this is not additive to any separate xAI exposure.",
      "sources": [
        {
          "label": "SEC · Anthropic, PBC Form S-1 (filed 2026-10-26)",
          "url": "https://www.sec.gov/Archives/edgar/data/2130357/000162828026067168/0001628280-26-067168-index.htm",
          "verified_at": "2026-10-31"
        },
        {
          "label": "Tesla North · S-1 terms of the SpaceX.AI agreements",
          "url": "https://teslanorth.com/2026/10/26/anthropic-s1-spacex-120b-compute/",
          "verified_at": "2026-10-31"
        }
      ],
      "historical": false,
      "a": "spacex",
      "b": "anthropic",
      "kind": "Supply",
      "text": "Anthropic's Form S-1, filed October 26, 2026, discloses compute agreements with SpaceX.AI LLC, a SpaceX subsidiary, entered into and amended between May and October 2026, for an aggregate of up to $120.5B over terms extending into 2029. Up to $120.5B is a ceiling, not a fixed commitment or cash paid. Initial non-cancelable periods end in January and March 2027, after which either party may cancel each agreement on 90 days' written notice, so no total is recorded in value_usd. Reported run rate is about $3.1B per month once all contracted capacity is delivered, which Anthropic expects in December 2026. SpaceX has not commented; per the SpaceX node note, this is not additive to any separate xAI exposure.",
      "source": "deal-spacex-anthropic-compute",
      "evidence_grade": "confirmed",
      "value_basis": "disclosed_upper_bound",
      "contract_period": "May–October 2026 agreements into 2029; cancellable on 90 days' notice after initial periods ending January and March 2027"
    },
    {
      "id": "nvidia-meta-investment",
      "from": "nvidia",
      "to": "meta",
      "type": "investment",
      "value_usd": 3000000000,
      "date": "2026-10-26",
      "status": "announced",
      "label_plain": "NVIDIA announced on October 26, 2026 that it will invest $3B in Meta's Class A common stock offering.",
      "value_note": "Stated intent, not confirmed proceeds. Meta's prospectus supplement says NVIDIA, AMD and Broadcom indicated interest in buying up to $5.0B in aggregate at the $625.00 public offering price, and that these indications are not binding agreements or commitments to purchase. Meta's October 29, 2026 Form 8-K says the Class A shares in this offering were sold by forward sellers (Morgan Stanley and Goldman Sachs), that Meta will not initially receive any proceeds from them, and that the forward sale agreements settle on dates Meta chooses on or before November 19, 2027. The 8-K does not mention NVIDIA, so NVIDIA's actual allocation is not verified. No dollar amount is disclosed for Meta's related NVIDIA hardware deployment.",
      "sources": [
        {
          "label": "NVIDIA · NVIDIA and Meta expand collaboration; $3B equity investment",
          "url": "https://nvidianews.nvidia.com/news/nvidia-and-meta-to-expand-collaboration-on-muse-and-muse-family-of-models-amid-robust-growth",
          "verified_at": "2026-10-31"
        },
        {
          "label": "SEC · Meta Platforms 424B5 prospectus supplement (2026-10-28)",
          "url": "https://www.sec.gov/Archives/edgar/data/1326801/000119312526436410/d94886d424b5.htm",
          "verified_at": "2026-10-31"
        },
        {
          "label": "SEC · Meta Platforms Form 8-K (2026-10-29): offering closing and forward sale agreements",
          "url": "https://www.sec.gov/Archives/edgar/data/1326801/000119312526438017/d183592d8k.htm",
          "verified_at": "2026-11-01"
        }
      ],
      "historical": false,
      "a": "nvidia",
      "b": "meta",
      "kind": "Investment",
      "text": "NVIDIA announced on October 26, 2026 that it will invest $3B in Meta's Class A common stock offering. Stated intent, not confirmed proceeds. Meta's prospectus supplement says NVIDIA, AMD and Broadcom indicated interest in buying up to $5.0B in aggregate at the $625.00 public offering price, and that these indications are not binding agreements or commitments to purchase. Meta's October 29, 2026 Form 8-K says the Class A shares in this offering were sold by forward sellers (Morgan Stanley and Goldman Sachs), that Meta will not initially receive any proceeds from them, and that the forward sale agreements settle on dates Meta chooses on or before November 19, 2027. The 8-K does not mention NVIDIA, so NVIDIA's actual allocation is not verified. No dollar amount is disclosed for Meta's related NVIDIA hardware deployment.",
      "source": "deal-nvidia-meta-investment",
      "evidence_grade": "confirmed"
    },
    {
      "id": "amd-meta-investment",
      "from": "amd",
      "to": "meta",
      "type": "investment",
      "value_usd": 1000000000,
      "date": "2026-10-27",
      "status": "announced",
      "label_plain": "AMD announced on October 27, 2026 that it will invest $1B in Meta's Class A common stock offering.",
      "value_note": "Stated intent, not confirmed proceeds. Meta's prospectus supplement says NVIDIA, AMD and Broadcom indicated interest in buying up to $5.0B in aggregate at the $625.00 public offering price, and that these indications are not binding agreements or commitments to purchase. Meta's October 29, 2026 Form 8-K says the Class A shares in this offering were sold by forward sellers (Morgan Stanley and Goldman Sachs), that Meta will not initially receive any proceeds from them, and that the forward sale agreements settle on dates Meta chooses on or before November 19, 2027. The 8-K does not mention AMD, so AMD's actual allocation is not verified. AMD said initial Helios rack-scale systems are installed and being tested by Meta, with no dollar amount disclosed for that deployment.",
      "sources": [
        {
          "label": "AMD · AMD and Meta advance strategic partnership; $1B equity investment",
          "url": "https://newsroom.amd.com/news/amd-meta-advance-strategic-partnership-power-metas-ai-infrastructure/",
          "verified_at": "2026-11-01"
        },
        {
          "label": "SEC · Meta Platforms 424B5 prospectus supplement (2026-10-28)",
          "url": "https://www.sec.gov/Archives/edgar/data/1326801/000119312526436410/d94886d424b5.htm",
          "verified_at": "2026-11-01"
        },
        {
          "label": "SEC · Meta Platforms Form 8-K (2026-10-29): offering closing and forward sale agreements",
          "url": "https://www.sec.gov/Archives/edgar/data/1326801/000119312526438017/d183592d8k.htm",
          "verified_at": "2026-11-01"
        }
      ],
      "historical": false,
      "a": "amd",
      "b": "meta",
      "kind": "Investment",
      "text": "AMD announced on October 27, 2026 that it will invest $1B in Meta's Class A common stock offering. Stated intent, not confirmed proceeds. Meta's prospectus supplement says NVIDIA, AMD and Broadcom indicated interest in buying up to $5.0B in aggregate at the $625.00 public offering price, and that these indications are not binding agreements or commitments to purchase. Meta's October 29, 2026 Form 8-K says the Class A shares in this offering were sold by forward sellers (Morgan Stanley and Goldman Sachs), that Meta will not initially receive any proceeds from them, and that the forward sale agreements settle on dates Meta chooses on or before November 19, 2027. The 8-K does not mention AMD, so AMD's actual allocation is not verified. AMD said initial Helios rack-scale systems are installed and being tested by Meta, with no dollar amount disclosed for that deployment.",
      "source": "deal-amd-meta-investment",
      "evidence_grade": "confirmed"
    },
    {
      "id": "lambda-delayed-draw-2026",
      "label_plain": "A $1.008B delayed-draw facility supports contracted GPU deployments.",
      "date": "2026-10-01",
      "status": "completed",
      "value_usd": 1008000000,
      "value_note": "Closed delayed-draw facility; not all proceeds drawn.",
      "evidence_grade": "confirmed",
      "sources": [
        {
          "label": "Lambda · delayed-draw financing",
          "url": "https://lambda.ai/blog/lambda-closes-1-billion-senior-secured-fixed-rate-financing",
          "verified_at": "2026-10-04T12:04:15.008Z"
        }
      ],
      "historical": false,
      "metric_eligible": false
    },
    {
      "id": "broadcom-chip-syndication-2026",
      "label_plain": "Bloomberg reports a $60B financing package being assembled for chips serving Anthropic and other companies.",
      "date": "2026-10-02",
      "status": "announced",
      "value_usd": 60000000000,
      "value_note": "Reported package being assembled; no closing confirmed. Do not add to the separate $42B facility without overlap evidence. On 2026-10-26 Bank of America, Blackstone, Citi and Morgan Stanley announced a $63B SPV transaction with committed financing for Broadcom chips to be leased to Anthropic; the release does not say whether it is this package, and closing and proceeds are unconfirmed. Do not sum the two.",
      "evidence_grade": "reported",
      "sources": [
        {
          "label": "Boursier.com via Fortuneo · Bloomberg chip financing report",
          "url": "https://bourse.fortuneo.fr/actualites/broadcom-amasse-60-milliards-de-dollars-pour-ses-clients-4095076",
          "verified_at": "2026-11-06T20:14:22.477Z"
        },
        {
          "label": "Morgan Stanley · $63B financing structure with Broadcom",
          "url": "https://www.morganstanley.com/press-releases/bank-of-america--blackstone--citi-and-morgan-stanley-announce-la",
          "verified_at": "2026-11-06T20:14:23.525Z"
        }
      ],
      "historical": false,
      "metric_eligible": false
    },
    {
      "id": "softbank-openai-final-tranche",
      "related_deal_id": "softbank-openai",
      "label_plain": "SoftBank delivered the final $10B tranche of its $30B OpenAI follow-on investment",
      "date": "2026-10-01",
      "status": "completed",
      "value_usd": 10000000000,
      "value_note": "Component of the $30B round; never add it again to the round total.",
      "evidence_grade": "confirmed",
      "sources": [
        {
          "label": "SoftBank · SoftBank completed its $30B follow-on investment in OpenAI.",
          "url": "https://group.softbank/en/news/press/20261001",
          "verified_at": "2026-10-04"
        }
      ],
      "historical": false,
      "metric_eligible": false
    },
    {
      "id": "broadcom-openai-financing-talks-2026",
      "label_plain": "Broadcom is reportedly exploring financing for OpenAI custom chips.",
      "date": "2026-10-07",
      "status": "announced",
      "value_usd": null,
      "value_note": "Exploratory discussions, not a signed facility or received proceeds. Bloomberg cites around $30B; WSJ reports more than $50B. Scope and final size are unsettled; do not sum them.",
      "evidence_grade": "reported",
      "sources": [
        {
          "label": "Bloomberg Law · OpenAI chip-financing talks",
          "url": "https://news.bloomberglaw.com/tech-and-telecom-law/broadcom-holds-early-talks-about-financing-deal-for-openai-chips",
          "verified_at": "2026-10-08T12:05:24.309Z"
        },
        {
          "label": "Wall Street Journal · chip-financing discussions",
          "url": "https://www.wsj.com/tech/oracle-broadcom-and-spacex-seek-blockbuster-debt-deals-to-pay-for-ai-chips-848e8032",
          "verified_at": "2026-10-08T12:05:24.309Z"
        }
      ],
      "historical": false,
      "metric_eligible": false
    }
  ],
  "derived": {
    "rules_version": "companies-2",
    "loops": [
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        "kind": "Supplier-investor",
        "verified_at": "2026-10-12T18:14:04.847Z"
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        "id": "amd-openai-supply--amd-openai-warrant",
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          "amd",
          "openai"
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        "edges": [
          "amd-openai-supply",
          "amd-openai-warrant"
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        "kind": "Warrant incentive",
        "verified_at": "2026-10-12T18:14:04.847Z"
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        "id": "nvidia-coreweave-investment--nvidia-coreweave-supply",
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          "nvidia",
          "coreweave"
        ],
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          "nvidia-coreweave-supply"
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        "kind": "Supplier-investor",
        "verified_at": "2026-10-04"
      },
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          "microsoft",
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        ],
        "edges": [
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        ],
        "kind": "Supplier-investor",
        "verified_at": "2026-10-12T18:14:04.847Z"
      },
      {
        "id": "edge-8--google-anthropic-investment",
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          "google",
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        ],
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          "edge-8",
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        ],
        "kind": "Supplier-investor",
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      },
      {
        "id": "edge-4--microsoft-openai-compute",
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          "edge-4",
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        "kind": "Supplier-investor",
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      },
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          "edge-6",
          "edge-7"
        ],
        "kind": "Supplier-investor",
        "verified_at": "2026-10-12T18:14:04.847Z"
      },
      {
        "id": "anthropic-broadcom-financing--broadcom-anthropic-compute",
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          "broadcom",
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        ],
        "edges": [
          "anthropic-broadcom-financing",
          "broadcom-anthropic-compute"
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        "kind": "Supplier-investor",
        "verified_at": "2026-10-12T18:14:04.847Z"
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      {
        "id": "coreweave-openai--nvidia-coreweave-supply--nvidia-openai-2026",
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          "nvidia",
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        "edges": [
          "coreweave-openai",
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        "kind": "Three-party payment path",
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      {
        "id": "edge-3--microsoft-openai-compute--nvidia-openai-2026",
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        "edges": [
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        "kind": "Three-party payment path",
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      },
      {
        "id": "anthropic-broadcom-financing--broadcom-google--edge-8",
        "nodes": [
          "google",
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        ],
        "edges": [
          "anthropic-broadcom-financing",
          "broadcom-google",
          "edge-8"
        ],
        "kind": "Three-party payment path",
        "verified_at": "2026-10-12T18:14:04.847Z"
      },
      {
        "id": "edge-3--microsoft-anthropic-compute--nvidia-anthropic-investment",
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          "nvidia",
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        ],
        "edges": [
          "edge-3",
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          "nvidia-anthropic-investment"
        ],
        "kind": "Three-party payment path",
        "verified_at": "2026-10-12T18:14:04.847Z"
      },
      {
        "id": "edge-2--edge-8--nvidia-anthropic-investment",
        "nodes": [
          "nvidia",
          "anthropic",
          "google"
        ],
        "edges": [
          "edge-2",
          "edge-8",
          "nvidia-anthropic-investment"
        ],
        "kind": "Three-party payment path",
        "verified_at": "2026-10-12T18:14:04.847Z"
      }
    ],
    "direct_loops": [
      {
        "id": "edge-11--nvidia-openai-2026",
        "nodes": [
          "nvidia",
          "openai"
        ],
        "edges": [
          "edge-11",
          "nvidia-openai-2026"
        ],
        "kind": "Supplier-investor",
        "verified_at": "2026-10-12T18:14:04.847Z"
      },
      {
        "id": "amd-openai-supply--amd-openai-warrant",
        "nodes": [
          "amd",
          "openai"
        ],
        "edges": [
          "amd-openai-supply",
          "amd-openai-warrant"
        ],
        "kind": "Warrant incentive",
        "verified_at": "2026-10-12T18:14:04.847Z"
      },
      {
        "id": "nvidia-coreweave-investment--nvidia-coreweave-supply",
        "nodes": [
          "nvidia",
          "coreweave"
        ],
        "edges": [
          "nvidia-coreweave-investment",
          "nvidia-coreweave-supply"
        ],
        "kind": "Supplier-investor",
        "verified_at": "2026-10-04"
      },
      {
        "id": "microsoft-anthropic-compute--microsoft-anthropic-investment",
        "nodes": [
          "microsoft",
          "anthropic"
        ],
        "edges": [
          "microsoft-anthropic-compute",
          "microsoft-anthropic-investment"
        ],
        "kind": "Supplier-investor",
        "verified_at": "2026-10-12T18:14:04.847Z"
      },
      {
        "id": "edge-8--google-anthropic-investment",
        "nodes": [
          "google",
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        ],
        "edges": [
          "edge-8",
          "google-anthropic-investment"
        ],
        "kind": "Supplier-investor",
        "verified_at": "2026-10-12T18:14:04.847Z"
      },
      {
        "id": "edge-4--microsoft-openai-compute",
        "nodes": [
          "microsoft",
          "openai"
        ],
        "edges": [
          "edge-4",
          "microsoft-openai-compute"
        ],
        "kind": "Supplier-investor",
        "verified_at": "2026-10-12T18:14:04.847Z"
      },
      {
        "id": "edge-6--edge-7",
        "nodes": [
          "amazon",
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        ],
        "edges": [
          "edge-6",
          "edge-7"
        ],
        "kind": "Supplier-investor",
        "verified_at": "2026-10-12T18:14:04.847Z"
      },
      {
        "id": "anthropic-broadcom-financing--broadcom-anthropic-compute",
        "nodes": [
          "broadcom",
          "anthropic"
        ],
        "edges": [
          "anthropic-broadcom-financing",
          "broadcom-anthropic-compute"
        ],
        "kind": "Supplier-investor",
        "verified_at": "2026-10-12T18:14:04.847Z"
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    ],
    "indirect_paths": [
      {
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          "nvidia-openai-2026"
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        "kind": "Three-party payment path",
        "verified_at": "2026-10-12T18:14:04.847Z"
      },
      {
        "id": "anthropic-broadcom-financing--broadcom-google--edge-8",
        "nodes": [
          "google",
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        ],
        "edges": [
          "anthropic-broadcom-financing",
          "broadcom-google",
          "edge-8"
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        "kind": "Three-party payment path",
        "verified_at": "2026-10-12T18:14:04.847Z"
      },
      {
        "id": "edge-3--microsoft-anthropic-compute--nvidia-anthropic-investment",
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          "nvidia",
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          "edge-3",
          "microsoft-anthropic-compute",
          "nvidia-anthropic-investment"
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        "kind": "Three-party payment path",
        "verified_at": "2026-10-12T18:14:04.847Z"
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      {
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        "kind": "Three-party payment path",
        "verified_at": "2026-10-12T18:14:04.847Z"
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    ],
    "metrics": {
      "circular_commitments_usd": 505200000000,
      "confirmed_circular_commitments_usd": 380000000000,
      "reported_circular_commitments_usd": 125200000000,
      "circular_financing_share": 0.602001906577693,
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      "disclosed_commitments_usd": 839200000000,
      "coverage": {
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        "total": 14,
        "low": false
      },
      "edge_ids": [
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        "coreweave-openai",
        "microsoft-openai-compute",
        "microsoft-anthropic-compute",
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      "circular_edge_ids": [
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        "broadcom-anthropic-compute"
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      "confirmed_only": {
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        "confirmed_circular_commitments_usd": 380000000000,
        "reported_circular_commitments_usd": 0,
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          "total": 12,
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        "edge_ids": [
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        "circular_edge_ids": [
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          "microsoft-anthropic-compute",
          "edge-7"
        ]
      },
      "period": "Mixed contract periods; disclosed amounts include lower bounds, ceilings and approximate totals, not annual spending or cash paid",
      "verified_at": "2026-10-31",
      "sources": [
        {
          "label": "Wall Street Journal · OpenAI–Oracle compute deal",
          "url": "https://www.wsj.com/business/openai-oracle-sign-300-billion-computing-deal-among-biggest-in-history-ff27c8fe",
          "verified_at": "2026-10-12T18:14:04.847Z"
        },
        {
          "label": "Reuters · reporting on the Oracle contract",
          "url": "https://www.reuters.com/technology/openai-oracle-sign-300-billion-computing-deal-wsj-reports-2025-09-10/",
          "verified_at": "2026-10-06T23:02:29.963Z"
        },
        {
          "label": "CoreWeave · CoreWeave contracted up to $22.4B of cumulative computing services for OpenAI.",
          "url": "https://www.coreweave.com/news/coreweave-expands-agreement-with-openai-by-up-to-6-5b",
          "verified_at": "2026-10-12T18:14:04.847Z"
        },
        {
          "label": "SEC · OpenAI contracted an incremental $250B in Microsoft Azure services.",
          "url": "https://www.sec.gov/Archives/edgar/data/789019/000119312525256310/msft-ex99_2.htm",
          "verified_at": "2026-10-12T18:14:04.847Z"
        },
        {
          "label": "Microsoft · Anthropic committed to purchase $30B of Microsoft Azure computing.",
          "url": "https://blogs.microsoft.com/blog/2025/11/18/microsoft-nvidia-and-anthropic-announce-strategic-partnerships/",
          "verified_at": "2026-10-12T18:14:04.847Z"
        },
        {
          "label": "Anthropic · Amazon compute agreement",
          "url": "https://www.anthropic.com/news/anthropic-amazon-compute",
          "verified_at": "2026-10-12T18:14:04.847Z"
        },
        {
          "label": "Reuters · Broadcom–Anthropic financing report",
          "url": "https://www.reuters.com/business/broadcom-lend-anthropic-up-42-billion-lease-its-chips-filing-says-2026-10-01/",
          "verified_at": "2026-10-06T23:02:29.963Z"
        },
        {
          "label": "MarketScreener · Reuters financing report",
          "url": "https://www.marketscreener.com/news/broadcom-to-lend-anthropic-up-to-42-billion-to-lease-its-chips-filing-says-ce785ad3de89fe20",
          "verified_at": "2026-10-12T18:14:04.847Z"
        },
        {
          "label": "Akamai · Anthropic commits $11.6B over seven years to Akamai Cloud for CPU workloads",
          "url": "https://www.akamai.com/newsroom/press-release/akamai-announces-11-6-billion-multi-year-agreement-with-anthropic-to-support-growing-demand",
          "verified_at": "2026-10-30"
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      ]
    },
    "last_verified": "2026-11-07T20:11:28.451Z"
  }
}