Artificial Atlas

Who is betting on what in AI, and against whom.

Investors

Nvidia

Invests through NVentures; on the cap table of most labs in every camp.

Kind
corporate
Also a lab
NVIDIA
Rounds
39, led 7
Rounds joined
$176.11B in total size
Appears as
Nvidia, NVentures, Nvidia Ventures, NVIDIA

Camp exposure

LLM scaling
11 rounds, led 5
Physical AI
9 rounds, led 1
World models
9 rounds
Physics AI
6 rounds, led 1
Other substrates
2 rounds
Experience / RL
1 round

Labs backed

Agility RoboticsDigit; the humanoid with the most logged warehouse hours.
AI21 LabsJamba models; Google and Nvidia backed.
AMI LabsParis. $1.03B seed at $3.5B pre, March 2026, no product yet.
CohereEnterprise models; IPO candidate.
CuspAIGenerative materials for carbon capture.
DecartReal-time world models; reported $6B Anthropic talks.
Dyna RoboticsTask-specific dexterity, deployed in laundries.
EvolutionaryScaleESM3; acquired by CZ Biohub.
FieldAIRobot models for construction, mining and energy.
FigureHumanoids; Helix VLA. Warehouse deployments.
Generalist AIGEN-0; robot scaling laws; $3B.
Hugging Face (LeRobot)LeRobot, the open robot-learning stack; agreed sale to Nvidia for $12.93B, September 2026.
InceptionDiffusion language models: text generated by denoising blocks in parallel, not token by token.
Lila SciencesScientific superintelligence via automated experiments.
NEURA RoboticsEurope's best-funded humanoid maker.
OpenAIGPT lineage through GPT-6 Astra (September 2026), o-series reasoning, agents. Secondary positions in world simulation and robotics.
Orbital IndustriesAn 'AlphaFold for materials', rebranded in 2026.
Periodic LabsAutonomous labs plus models for materials discovery.
PhysicsXLearned physics surrogates for engineers.
Prime IntellectOpen RL stack on distributed compute.
Radical AIAutonomous materials labs in Brooklyn.
Reflection AIOpen-weight frontier models for coding agents.
RunwayVideo generation rebranded as world simulation.
Sakana AIEvolutionary model merging and AI Scientist: half experience camp, half substrate camp.
Skild AICross-embodiment 'robot brain'; S1 learns a task from one video (August 2026).
Safe SuperintelligenceStraight shot, no products.
Thinking Machines LabPost-training and fine-tuning as the product.
WaabiSimulation-first autonomous trucking.
WayveEnd-to-end driving with generative world models.
World LabsMarble, then Atlas (September 2026): 3D worlds from images, text and video. $1B, Feb 2026.
xAI (SpaceX AI division)Grok. Compute-maximalist.

Rounds

DateLabCampAmountKindValuationRoleSource
Sep 2026Thinking Machines LabLLM scaling $2.5B reportedtalks $40B reportedled Investing.com, Inc.
Sep 2026Hugging Face (LeRobot)Physical AI $12.93Bacquisition led TechCrunch, NVIDIA, SEC
Jul 2026Prime IntellectExperience / RL $130MSeries A $1B post-moneyjoined TechCrunch, Prime Intellect
Jul 2026Safe SuperintelligenceLLM scaling $5Bstrategic investment led TechCrunch
Jun 2026Generalist AIPhysical AI $400MSeries B $2B post-moneyjoined Bloomberg, TechCrunch
Jun 2026NEURA RoboticsPhysical AI $1.4BSeries C $4.6B reportedjoined NEURA Robotics, CNBC
Jun 2026PhysicsXPhysics AI $300MSeries C $2.4B post-moneyjoined PhysicsX
May 2026DecartWorld models $300MSeries B $4B post-moneyjoined SiliconANGLE
May 2026Orbital IndustriesPhysics AI $50MSeries B joined Fortune
Mar 2026AMI LabsWorld models $1.03Bseed $3.5B pre-moneyjoined TechCrunch
Mar 2026OpenAILLM scaling $122Bfunding round $852B post-moneyjoined CNBC, CNBC
Feb 2026RunwayWorld models $315MSeries E $5.3B post-moneyjoined TechCrunch
Feb 2026WayveWorld models $1.2BSeries D $8.6B post-moneyjoined CNBC, Wayve
Feb 2026World LabsWorld models $1Bfunding round joined TechCrunch
Jan 2026Skild AIPhysical AI $1.4BSeries C $14B post-moneyjoined TechCrunch, Skild AI
Jan 2026xAI (SpaceX AI division)LLM scaling $20BSeries E $230B post-moneyled xAI
Nov 2025InceptionOther substrates $50Mseed joined TechCrunch
Oct 2025Lila SciencesPhysics AI $115MSeries A extension $1.3B post-moneyled Reuters via Yahoo Finance
Oct 2025Reflection AILLM scaling $2Bfunding round $8B post-moneyled TechCrunch
Sep 2025CuspAIPhysics AI $100MSeries A $500M reportedjoined Reuters via Yahoo Finance
Sep 2025Dyna RoboticsPhysical AI $120MSeries A $600M post-moneyjoined Bloomberg
Sep 2025FigurePhysical AI $1BSeries C $39B post-moneyjoined Figure
Sep 2025Periodic LabsPhysics AI $300Mseed $1.3B post-moneyjoined TechCrunch
Sep 2025Radical AIPhysics AI $55Mseed joined New York State, MIT Technology Review
Aug 2025CohereLLM scaling $500Mfunding round $6.8B post-moneyled CNBC
Aug 2025FieldAIPhysical AI $405Mfunding rounds $2B post-moneyjoined TechCrunch, FieldAI
Jul 2025Thinking Machines LabLLM scaling $2Bseed $12B post-moneyjoined TechCrunch
Jun 2025Skild AIPhysical AI $135MSeries B $4.5B reportedjoined Yahoo Finance
May 2025AI21 LabsLLM scaling $300MSeries D joined SiliconANGLE
Apr 2025RunwayWorld models $308MSeries D $3B post-moneyjoined TechCrunch
Mar 2025Agility RoboticsPhysical AI $400MSeries C $2.12B post-moneyjoined GeekWire
Dec 2024xAI (SpaceX AI division)LLM scaling $6BSeries C $50B reportedjoined xAI
Oct 2024OpenAILLM scaling $6.6Bfunding round $157B post-moneyjoined TechCrunch
Sep 2024Sakana AIOther substrates $214MSeries A $1.5B post-moneyjoined Sakana AI
Sep 2024World LabsWorld models $230Mseed and Series A $1B reportedjoined TechCrunch
Jun 2024EvolutionaryScale $142Mseed joined TechCrunch
Jun 2024WaabiWorld models $200MSeries B joined CNBC
Jun 2023CohereLLM scaling $270MSeries C $2.2B post-moneyjoined BetaKit
Jun 2023RunwayWorld models $141MSeries C extension $1.5B post-moneyjoined TechCrunch