Economy · DashboardLive · 71 companies · $21.0T market cap · Bubble Index 278%
Market Dashboard · Live
The complete AI economy in one view. Every metric, every company, every signal. Real-time market intelligence.
$21.0T total market cap$287.1B total fundedTop 3 hold 59% of marketRefreshed daily
$21.0T
Total Market Cap
$287.1B
Total Funding
$650.4B
Total Revenue
278%
Bubble Index
66.1x
Avg P/S Ratio
59.4%
Top 3 Share
71
Companies
$836B
Total Capex
Market overview
ai bubble index · frothy · trend inflating
278%
AI Bubble Index
frothy · AI is valued at 2.2x what it earns
AI companies in this scope are valued at 2.2x what healthy SaaS multiples would suggest. Capital is running ahead of revenue. Sustainable if growth continues.
116%
Valuation Premium
40% weight
689%
Funding Acceleration
20% weight
198%
Concentration Risk
15% weight
259%
Revenue Quality
15% weight
257%
Capex · Revenue Gap
10% weight
Market concentration
top 10 companies by market cap share · HHI 1669
Top 3: 59.4%Top 5: 84.4%Top 10: 111.2%HHI: 1669
NVIDIA21.4%
Google DeepMind19.0%Alphabet (Google)19.0%
Microsoft14.3%
Amazon (AWS)10.7%
Meta AI7.1%Meta Platforms7.1%T
TSMC4.3%B
Broadcom4.3%
OpenAI4.0%Model ProviderInfrastructureApplicationDeveloper ToolsBig Tech
Funding velocity
42 rounds · $287.1B total · capital per quarter
$287.1B
Total Raised
$197.7B
Latest Rounds
42
Rounds Tracked
$0.28
Rev per $ Raised
$99MQ3 2022
$150MQ1 2023
$1.4BQ2 2023
$285MQ3 2023
$40MQ4 2023
$80MQ2 2024
$1.0BQ1 2025
$15.5BQ2 2025
$1.4BQ3 2025
$5.9BQ4 2025
$171.8BQ1 2026
Valuation distribution
P/S ratio bands · 34 companies with reported revenue · SaaS benchmark 15x
0x · 5x
0 companies
5x · 15x
5
5 companies
15x · 30x
10
10 companies
30x · 50x
9
9 companies
50x+
10
10 companies
Healthy SaaS benchmark = 15x P/SAvg: 66.1x
Revenue leaders
top 10 by ARR · progress bars show revenue vs total raised
1234
56
789
10
SE
Samsung Electronics$220.0B
Infrastructure
T
TSMC$85.0B
Infrastructure
B
Broadcom$56.0B
Infrastructure
Intel$55.0B
Infrastructure
SH
SK Hynix$45.0B
Infrastructure
Qualcomm$42.0B
Infrastructure
MT
Micron Technology$30.0B
Infrastructure
A
ASML$30.0B
Infrastructure
AMD$28.0B
Infrastructure
OpenAI$25.0B
Model Provider$0.21 rev per $ raised
Geography
10 countries · sorted by total valuation
USA$14.7T
48 companies70.0% of total
UK$4.0T
4 companies19.1% of total
Taiwan$900.0B
1 company4.3% of total
China$511.7B
9 companies2.4% of total
South Korea$470.0B
2 companies2.2% of total
Netherlands$389.7B
3 companies1.9% of total
France$14.0B
1 company0.1% of total
Canada$7.0B
1 company0.0% of total
AustraliaAustralia
#9$4.2B
1 company0.0% of total