经济Live · 71 家公司 · $21.0T 市值 · 泡沫指数 278%
AI 经济 · 全面追踪
每家 AI 公司、每轮融资、每个估值。独立追踪模型供应商、基础设施、芯片、代工厂、内存和能源各层。AI 泡沫指数 衡量 AI 估值与实际产出之间的差距。
AI 泡沫指数估值 · 融资 · 收入P/S 比率 · 效率指标每周刷新
对比公司显示 71 / 71
AI 泡沫指数
范围： 71 家公司|市值： $21.0T|泡沫指数： 278%
范围选择影响本页所有 泡沫指数 计算
AI 泡沫指数
估值与收入差距 · 综合指标
278%
泡沫初现
膨胀中
AI 估值是其收入的 2.2 倍. 该范围内的 AI 公司估值约为健康 SaaS 倍数所暗示水平的 2.2 倍。资本领先于收入。
0%
健康
泡沫初现
过热
泡沫
5 项压力分项
- 估值溢价116%权重： 40%
- 融资加速689%权重： 20%
- 集中风险198%权重： 15%
- 收入质量259%权重： 15%
- 资本开支 · 收入缺口257%权重： 10%
benchgecko.ai·AI 泡沫指数
引用：benchgecko.ai/economy
"如果"模拟器
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市值
$21.0T
$16.5T
-21%
泡沫指数
278%
242%
frothy→frothy
新 #1
Google DeepMind
前 3 名份额
59%
56%
更健康
假设情景 · 非预测
泡沫指数
278%
市值
$21.0T
总融资
$287.1B
总收入
$650.4B
头部公司
所有公司按估值排前 15 · 全部层级
| # | 公司 | 估值 | |
|---|---|---|---|
| 1 | NVIDIA USA | $4.5T | |
| 2 | Google DeepMind UK | $4.0T | |
| 3 | Alphabet (Google) USA | $4.0T | |
| 4 | Microsoft USA | $3.0T | |
| 5 | Amazon (AWS) USA | $2.3T | |
| 6 | Meta AI USA | $1.5T | |
| 7 | Meta Platforms USA | $1.5T | |
| 8 | T TSMC Taiwan | $900.0B | |
| 9 | B Broadcom USA | $900.0B | |
| 10 | OpenAI USA | $840.0B | |
| 11 | Anthropic USA | $380.0B | |
| 12 | A ASML Netherlands | $380.0B | |
| 13 | SE Samsung Electronics South Korea | $350.0B | |
| 14 | Alibaba (Qwen) China | $293.0B | |
| 15 | xAI USA | $250.0B |
近期融资
所有轮次10 轮 · 按日期排序
Harvey AI
Series G · 2026-03-25
$200M
GIC, Sequoia
Moonshot AI
Series C (expanded) · 2026-03
$1.0B
Alibaba, Tencent
OpenAI
Series G · 2026-02-27
$110.0B
SoftBank, NVIDIA
Anthropic
Series G · 2026-02-12
$30.0B
Coatue, GIC
Runway
Series D · 2026-02-10
$315M
General Atlantic, Felicis Ventures
Databricks
Series L (extended, incl $2B debt) · 2026-02-09
$5.0B
Thrive Capital, Andreessen Horowitz
ElevenLabs
Series D · 2026-02-04
$500M
Sequoia Capital
Synthesia
Series E · 2026-01-26
$200M
GV (Google Ventures), Kleiner Perkins
Baseten
Series E · 2026-01-20
$300M
IVP, CapitalG
MiniMax
IPO (HKEX) · 2026-01-09
$619M
估值倍数
完整排名P/S 比率 · SaaS 基准 15x · 有已报告收入的公司
健康 SaaS 倍数 = 15x 收入
按国家
10 家公司 · 按合计估值排名
US
USA
48 家公司
$14.7T
GB
UK
4 家公司
$4.0T
TW
Taiwan
1 家公司
$900.0B
CN
China
9 家公司
$511.7B
KR
South Korea
2 家公司
$470.0B
NL
Netherlands
3 家公司
$389.7B
FR
France
1 家公司
$14.0B
CA
Canada
1 家公司
$7.0B
AU
Australia
1 家公司
$4.2B
常见问题
What is the AI Bubble Index?
The AI Bubble Index measures the gap between what AI companies are valued at versus what they produce in revenue. It compares aggregate price-to-sales ratios against a 15x SaaS benchmark, factors in funding acceleration, market concentration, revenue quality, and the capex-to-revenue gap. The current reading is 278% (frothy).
What is the total AI market capitalization?
The total AI market cap across 71 tracked companies is $21.0T. This includes private valuations and public market caps, deduplicated by parent company.
How much funding has the AI industry raised?
AI companies have raised $287B in total funding. The latest round velocity is $198B, indicating accelerating capital deployment.
What is the average AI company P/S ratio?
The average price-to-sales ratio across AI companies with reported revenue is 66.1x. The healthy SaaS benchmark is 15x. A ratio above 30x suggests the market is pricing in extraordinary growth expectations.
How concentrated is the AI market?
The top 3 AI companies control 59% of total market cap. NVIDIA leads at $4.5T. High concentration means a single company stumbling could trigger a broad correction.
How does BenchGecko define the AI economy scope?
BenchGecko lets you define what counts as "the AI economy" through scope checkboxes: Pure AI (model providers, apps, dev tools), Big Tech (Google, Microsoft, Meta, Amazon), Chips (NVIDIA, AMD, Broadcom), Fabs (TSMC, ASML), Memory (SK Hynix, Micron), and Energy/DC operators. The Bubble Index recalculates based on your selection.
What is the AI capex-to-revenue gap?
AI infrastructure spending (capex) totals $836B across tracked companies, while total AI revenue is $650B. This gap means the industry is spending more on infrastructure than it earns.