Maps / The Compute Economy

Q1 2026

The Compute Economy

Mapping the companies building, selling, optimizing, and brokering compute infrastructure — from custom silicon and GPU clouds to orchestration layers and cost optimization tools powering the AI era. The race to supply and efficiently allocate compute has become the defining infrastructure challenge of the decade.

By Priscilla Russo · Updated March 28, 2026

Share on X Share on LinkedIn

387 companies

Chips & Silicon

95GPUs & Accelerators · Custom Silicon

Early38

TSMC

N/A

TSMC

N/A

GlobalFoundries

N/A

GlobalFoundries

N/A

Samsung Foundry

N/A

Samsung Foundry

N/A

Intel Foundry Services

N/A

Intel Foundry Services

N/A

ASML

N/A

ASML

N/A

Applied Materials

N/A

Applied Materials

N/A

Lam Research

N/A

Lam Research

N/A

KLA

N/A

KLA

N/A

Tokyo Electron

N/A

Tokyo Electron

N/A

SK hynix

N/A

SK hynix

N/A

Samsung

N/A

Samsung

N/A

Micron

N/A

Micron

N/A

KIOXIA

N/A

KIOXIA

N/A

SanDisk

N/A

SanDisk

N/A

Broadcom

N/A

Broadcom

N/A

Marvell

N/A

Marvell

N/A

Arista Networks

N/A

Arista Networks

N/A

Cisco

N/A

Cisco

N/A

Lumentum

N/A

Lumentum

N/A

Coherent

N/A

Coherent

N/A

Celestial AI

N/A

Celestial AI

N/A

Ayar Labs

$874M

Ayar Labs

$874M

Enfabrica

N/A

Enfabrica

N/A

Unconventional AI

$475M (a16z, LSVP)

Unconventional AI

$475M (a16z, LSVP)

Substrate

$100M

Substrate

$100M

Nuvacore

Astrus AI

$8M

Astrus AI

$8M

Axiomatic AI

$18M

Axiomatic AI

$18M

PrismML

$16M

PrismML

$16M

Flux Photonics

$4M

Flux Photonics

$4M

Qosmic

N/A

Qosmic

N/A

Lightmatter

$850M

Lightmatter

$850M

PsiQuantum

$2.3B

PsiQuantum

$2.3B

Linecore

N/A

Linecore

N/A

Efficient

$76M

Efficient

$76M

Salience Labs

$88M

Salience Labs

$88M

Snowcap Compute

$23M

Snowcap Compute

$23M

The Biological Computing Company

$50M

The Biological Computing Company

$50M

Series A16

Architect Labs

C2i Semiconductors

$19M

C2i Semiconductors

$19M

Cognichip

$93M

Cognichip

$93M

Ricursive Intelligence

$335M (Sequoia, LSVP)

Ricursive Intelligence

$335M (Sequoia, LSVP)

ChipAgents

$74M (Bessemer)

ChipAgents

$74M (Bessemer)

Mesh Optical Technologies

$59M

Mesh Optical Technologies

$59M

iPRONICS

$26M

iPRONICS

$26M

Neurophos

$119M

Neurophos

$119M

OLIX

$235M

OLIX

$235M

OpenLight

$84M

OpenLight

$84M

QuiX Quantum

$42M

QuiX Quantum

$42M

Cornelis Networks

$114M

Cornelis Networks

$114M

Eridu

$230M

Eridu

$230M

Fractile

$260M

Fractile

$260M

Upscale AI

$300M

Upscale AI

$300M

xLight

$53M

xLight

$53M

Growth10

Avicena Tech

$117M

Avicena Tech

$117M

Etched

$500M

Etched

$500M

SCINTIL Photonics

$81M

SCINTIL Photonics

$81M

Nexthop AI

$610M

Nexthop AI

$610M

nEye.ai

$153M

nEye.ai

$153M

Lumilens

$130M

Lumilens

$130M

Atomic Machines

$144M

Atomic Machines

$144M

d-Matrix

$436M

d-Matrix

$436M

Eliyan

$157M

Eliyan

$157M

Rebellions

$850M

Rebellions

$850M

At Scale31

AMD

N/A

AMD

N/A

AWS Custom Silicon

N/A

AWS Custom Silicon

N/A

Cerebras

$2.97B

Cerebras

$2.97B

Google Cloud TPU

N/A

Google Cloud TPU

N/A

Groq

$3.35B

Groq

$3.35B

MatX

$620M

MatX

$620M

Normal Computing

$135M

Normal Computing

$135M

NVIDIA

N/A

NVIDIA

N/A

Positron

N/A

Positron

N/A

Synopsys

N/A

Synopsys

N/A

Cadence Design Systems

N/A

Cadence Design Systems

N/A

Siemens EDA

N/A

Siemens EDA

N/A

RANOVUS

$37M

RANOVUS

$37M

Xanadu

$275M

Xanadu

$275M

Teem Photonics

$48M

Teem Photonics

$48M

Sambanova

$1.5B

Sambanova

$1.5B

SiMa.ai

$355M

SiMa.ai

$355M

Advantest

N/A

Advantest

N/A

AMEC

N/A

AMEC

N/A

Amkor

N/A

Amkor

N/A

Arm

N/A

Arm

N/A

ASE Group

N/A

ASE Group

N/A

Astera Labs

N/A

Astera Labs

N/A

Cambricon

N/A

Cambricon

N/A

Corning

N/A

Corning

N/A

Credo

N/A

Credo

N/A

Intel

N/A

Intel

N/A

NXP

N/A

NXP

N/A

Qualcomm

N/A

Qualcomm

N/A

SMIC

N/A

SMIC

N/A

Tower Semiconductor

N/A

Tower Semiconductor

N/A

Data Centers & Energy

157DC Owners & Builders · Power Procurement

Early117

Ampera

$20M

Ampera

$20M

Evergrid.ai

N/A

Evergrid.ai

N/A

GridCARE

$78M

GridCARE

$78M

Liquid Energy

N/A

Liquid Energy

N/A

Mercury Computing

N/A

Mercury Computing

N/A

Neuralwatt

N/A

Neuralwatt

N/A

PADO AI

$6M

PADO AI

$6M

Quok

N/A

Quok

N/A

Reliability Engine

N/A

Reliability Engine

N/A

Selector

N/A

Selector

N/A

TIROS

N/A

TIROS

N/A

Dell Technologies

N/A

Dell Technologies

N/A

Supermicro

N/A

Supermicro

N/A

HPE

N/A

HPE

N/A

Lenovo

N/A

Lenovo

N/A

Foxconn (Hon Hai)

N/A

Foxconn (Hon Hai)

N/A

Quanta Computer

N/A

Quanta Computer

N/A

Wiwynn

N/A

Wiwynn

N/A

Inventec

N/A

Inventec

N/A

Pegatron

N/A

Pegatron

N/A

Vertiv

N/A

Vertiv

N/A

Schneider Electric

N/A

Schneider Electric

N/A

Trane Technologies

N/A

Trane Technologies

N/A

nVent

N/A

nVent

N/A

Eaton

N/A

Eaton

N/A

STULZ

N/A

STULZ

N/A

Rittal

N/A

Rittal

N/A

Boyd

N/A

Boyd

N/A

JetCool

N/A

JetCool

N/A

Submer

N/A

Submer

N/A

LiquidStack

N/A

LiquidStack

N/A

Iceotope

N/A

Iceotope

N/A

Asetek

N/A

Asetek

N/A

ZutaCore

N/A

ZutaCore

N/A

CoolIT Systems

N/A

CoolIT Systems

N/A

DXN

N/A

DXN

N/A

Hitachi Energy

N/A

Hitachi Energy

N/A

Siemens Energy

N/A

Siemens Energy

N/A

GE Vernova

N/A

GE Vernova

N/A

ABB

N/A

ABB

N/A

Caterpillar

N/A

Caterpillar

N/A

Solar Turbines

N/A

Solar Turbines

N/A

Cummins

N/A

Cummins

N/A

Kohler

N/A

Kohler

N/A

Bloom Energy

N/A

Bloom Energy

N/A

Dominion Energy

N/A

Dominion Energy

N/A

AEP

N/A

AEP

N/A

Southern Company

N/A

Southern Company

N/A

Duke Energy

N/A

Duke Energy

N/A

Entergy

N/A

Entergy

N/A

NextEra Energy

N/A

NextEra Energy

N/A

PG&E

N/A

PG&E

N/A

Vistra

N/A

Vistra

N/A

Talen Energy

N/A

Talen Energy

N/A

Constellation Energy

N/A

Constellation Energy

N/A

NRG

N/A

NRG

N/A

AES

N/A

AES

N/A

EQT

N/A

EQT

N/A

Antero Resources

N/A

Antero Resources

N/A

Expand Energy

N/A

Expand Energy

N/A

Coterra Energy

N/A

Coterra Energy

N/A

CNX Resources

N/A

CNX Resources

N/A

TC Energy

N/A

TC Energy

N/A

Williams Companies

N/A

Williams Companies

N/A

Kinder Morgan

N/A

Kinder Morgan

N/A

Enbridge

N/A

Enbridge

N/A

DT Midstream

N/A

DT Midstream

N/A

Oklo

N/A

Oklo

N/A

Kairos Power

N/A

Kairos Power

N/A

X-energy

N/A

X-energy

N/A

NuScale

N/A

NuScale

N/A

Holtec

N/A

Holtec

N/A

Turner Construction

N/A

Turner Construction

N/A

DPR Construction

N/A

DPR Construction

N/A

Mortenson

N/A

Mortenson

N/A

Holder Construction

N/A

Holder Construction

N/A

Clayco

N/A

Clayco

N/A

Whiting-Turner

N/A

Whiting-Turner

N/A

Hut 8

N/A

Hut 8

N/A

IREN

N/A

IREN

N/A

Cipher Mining

N/A

Cipher Mining

N/A

Compass Quantum

N/A

Compass Quantum

N/A

Lumen Technologies

N/A

Lumen Technologies

N/A

Zayo

N/A

Zayo

N/A

Crown Castle

N/A

Crown Castle

N/A

Uniti

N/A

Uniti

N/A

Cologix

N/A

Cologix

N/A

Vantage Data Centers

N/A

Vantage Data Centers

N/A

CyrusOne

N/A

CyrusOne

N/A

Aligned Data Centers

N/A

Aligned Data Centers

N/A

Stack Infrastructure

N/A

Stack Infrastructure

N/A

Compass Datacenters

N/A

Compass Datacenters

N/A

Iron Mountain

N/A

Iron Mountain

N/A

Switch

N/A

Switch

N/A

EdgeConneX

N/A

EdgeConneX

N/A

DataBank

N/A

DataBank

N/A

TierPoint

N/A

TierPoint

N/A

Romonet

N/A

Romonet

N/A

Salute Mission Critical

N/A

Salute Mission Critical

N/A

Switch Automation

N/A

Switch Automation

N/A

Nlyte

N/A

Nlyte

N/A

FNT

N/A

FNT

N/A

Cadence Reality DC

N/A

Cadence Reality DC

N/A

Soma Energy

$7M

Soma Energy

$7M

Danica

N/A

Danica

N/A

Outlast Power

N/A

Outlast Power

N/A

Daylight Climate

N/A

Daylight Climate

N/A

Tyba

N/A

Tyba

N/A

Voltus

N/A

Voltus

N/A

Fluence

N/A

Fluence

N/A

Tesla Autobidder

N/A

Tesla Autobidder

N/A

Kraken Tech

N/A

Kraken Tech

N/A

Sailplane

Claros

$40M

Claros

$40M

Transphorm

$177M

Transphorm

$177M

Ayr Energy

$100M

Ayr Energy

$100M

Power Lattice

$31M

Power Lattice

$31M

Series A14

American Terawatt

$53M

American Terawatt

$53M

Candid Intelligence

$5.5M

Candid Intelligence

$5.5M

Corintis

$53M

Corintis

$53M

Maxwell Labs

$12M

Maxwell Labs

$12M

Vantage

$25M

Vantage

$25M

Pacific Fusion

$1.1B

Pacific Fusion

$1.1B

Standard Nuclear

$140M

Standard Nuclear

$140M

Exowatt

$140M

Exowatt

$140M

Realta Fusion

$45M

Realta Fusion

$45M

DG Matrix

$80M

DG Matrix

$80M

Scalvy

$17M

Scalvy

$17M

Endurance

N/A

Endurance

N/A

Majestic Labs

$100M

Majestic Labs

$100M

Starcloud

$200M

Starcloud

$200M

Growth6

Accelsius

$94M

Accelsius

$94M

BrainBox AI

$103M

BrainBox AI

$103M

Heron Power

$475M

Heron Power

$475M

Gridware

$110M

Gridware

$110M

Commonwealth Fusion Systems

$3B

Commonwealth Fusion Systems

$3B

Akash Systems

$84M

Akash Systems

$84M

At Scale20

Applied Digital

$2.4B

Applied Digital

$2.4B

Cast

N/A

Cast

N/A

Crusoe Energy

$4.14B

Crusoe Energy

$4.14B

Digital Realty

N/A

Digital Realty

N/A

Emerald AI

$65M

Emerald AI

$65M

Equinix

N/A

Equinix

N/A

Firmus

$327M

Firmus

$327M

Giga Energy

$30M

Giga Energy

$30M

Lancium

$1.25B

Lancium

$1.25B

Modius

N/A

Modius

N/A

QTS Realty

N/A

QTS Realty

N/A

Tradition Energy

N/A

Tradition Energy

N/A

Verdigris

$42M

Verdigris

$42M

Helion

$1.5B

Helion

$1.5B

Mainspring Energy

$700M

Mainspring Energy

$700M

Empower Semi

$235M

Empower Semi

$235M

SpaceX

$30B

SpaceX

$30B

Weka

$415M

Weka

$415M

Infineon

N/A

Infineon

N/A

Monolithic Power Systems

N/A

Monolithic Power Systems

N/A

Cloud & Neocloud

35Major Cloud Providers / Hyperscalers · Pure-Play GPU Cloud / Neoclouds

Early17

Foundry

$80M

Foundry

$80M

HiCap

N/A

HiCap

N/A

hosted.ai

$24M

hosted.ai

$24M

Internet Backyard

N/A

Internet Backyard

N/A

Ori Industries

$299M

Ori Industries

$299M

Vast.ai

N/A

Vast.ai

N/A

Voltage Park

$500M

Voltage Park

$500M

Oracle Cloud Infrastructure

N/A

Oracle Cloud Infrastructure

N/A

Serverless & Inference Platforms

29Inference APIs · Serverless Compute

Early11

Replicate

$58M

Replicate

$58M

Substrate

$100M (FF, GC)

Substrate

$100M (FF, GC)

Fal

N/A

Fal

N/A

Hugging Face

N/A

Hugging Face

N/A

Codeium

N/A

Codeium

N/A

Skypilot

N/A

Skypilot

N/A

Inferact

$150M

Inferact

$150M

Luminal

$5M

Luminal

$5M

Runware

$13M

Runware

$13M

Lilac

$2.5M

Lilac

$2.5M

Standard Kernel

$20M

Standard Kernel

$20M

Series A10

CIQ

$42M

CIQ

$42M

Clockwork Systems

$42M

Clockwork Systems

$42M

Gimlet Labs

$92M

Gimlet Labs

$92M

Lamini

$25M

Lamini

$25M

Lemurian Labs

$40M

Lemurian Labs

$40M

Northflank

$31M

Northflank

$31M

Sail Research

$20M

Sail Research

$20M

Relace

$23M

Relace

$23M

Decart

$32M

Decart

$32M

Nexos.ai

$35M

Nexos.ai

$35M

Growth1

Moreh

$80M

Moreh

$80M

At Scale7

Anyscale

$259M

Anyscale

$259M

Baseten

$885M

Baseten

$885M

Clarifai

$101M

Clarifai

$101M

Fireworks AI

$327M

Fireworks AI

$327M

Modal

$111M

Modal

$111M

Modular

$380M

Modular

$380M

Baidu

N/A

Baidu

N/A

Compute Marketplaces & Brokers

38Compute Brokers · Spot Markets & Exchanges

Early22

CloudChipr

$1.4M

CloudChipr

$1.4M

Compute Desk

$7M

Compute Desk

$7M

Compute Labs

N/A

Compute Labs

N/A

Compute.Exchange

N/A

Compute.Exchange

N/A

Duckbill

$7.75M

Duckbill

$7.75M

Flowstate

N/A

Flowstate

N/A

FPX World

N/A

FPX World

N/A

GPU Financing

N/A

GPU Financing

N/A

io.net

$32M

io.net

$32M

Kubecost

$31M

Kubecost

$31M

Mavvrik

$17M

Mavvrik

$17M

Ornn

$34M

Ornn

$34M

AI Compute Futures

N/A

AI Compute Futures

N/A

Parasail

$10M

Parasail

$10M

Plume

N/A

Plume

N/A

RunPod

$22M

RunPod

$22M

Silicon Data

N/A

Silicon Data

N/A

SquareTower

N/A

SquareTower

N/A

Symres

N/A

Symres

N/A

USD AI

N/A

USD AI

N/A

Zymtrace

$12M

Zymtrace

$12M

Compute Index

N/A

Compute Index

N/A

Series A6

Andromeda

$60M

Andromeda

$60M

nOps

$65M

nOps

$65M

North

$5M

North

$5M

SF Compute

$55M

SF Compute

$55M

vCluster

$29M

vCluster

$29M

Infracost

$19M

Infracost

$19M

Growth4

Finout

$85M

Finout

$85M

OneChronos

$84M

OneChronos

$84M

Rafay

N/A

Rafay

N/A

ScaleOps

$210M

ScaleOps

$210M

At Scale6

Bloomberg

N/A

Bloomberg

N/A

CAST AI

$272M

CAST AI

$272M

CloudZero

$118M

CloudZero

$118M

ICE

N/A

ICE

N/A

Kadenwood

N/A

Kadenwood

N/A

Massed Compute

N/A

Massed Compute

N/A

AI Labs & End Users

6Frontier AI Labs · Open-Source AI Labs

Early1

xAI

N/A

xAI

N/A

Series A0

—

Growth0

—

At Scale5

Anthropic

$61B

Anthropic

$61B

Google DeepMind

N/A

Google DeepMind

N/A

Meta AI

N/A

Meta AI

N/A

Mistral AI

$3.18B

Mistral AI

$3.18B

OpenAI

$174B

OpenAI

$174B

Capital Markets & Project Finance

9Private Credit & Equity · Sovereign Wealth

Early5

Brookfield Asset Management

N/A

Brookfield Asset Management

N/A

DigitalBridge

N/A

DigitalBridge

N/A

Macquarie

N/A

Macquarie

N/A

Mubadala

N/A

Mubadala

N/A

Galaxy Digital

N/A

Galaxy Digital

N/A

Series A0

—

Growth0

—

At Scale4

Apollo Global Management

N/A

Apollo Global Management

N/A

Blackstone

N/A

Blackstone

N/A

Blue Owl Capital

N/A

Blue Owl Capital

N/A

KKR

N/A

KKR

N/A