AI model companies, ranked by AI-chain exposure
The frontier and applied model developers whose demand pulls on the whole chain beneath them.
15 companies · ranked by chain-weight
- 1
OpenAIvia Inference serving68chain wt - 2
Anthropicvia Post-training & RLHF68chain wt - 3
Zhipu AI (Z.ai)via Pretraining64chain wt - 4
DeepSeekvia Reasoning models61chain wt - 5
Moonshot AIvia Pretraining59chain wt - 6
MiniMaxvia Multimodal models55chain wt - 7STStepFunvia Multimodal models52chain wt
- 8COCoherevia Enterprise knowledge assistant47chain wt
- 9
BaiduBIDUvia Pretraining41chain wt - 10PIPhysical Intelligence, Inc.via Robotics control40chain wt
- 11
Runway AI, Inc.via Multimodal models40chain wt - 12
xAIvia Pretraining39chain wt - 13SSSafe Superintelligencevia Pretraining39chain wt
- 14SASkild AI, Inc.via Robotics control38chain wt
- 15
Mistral AIvia Reasoning models32chain wt
Frequently asked
What are the top ai model companies?
By modeled exposure to the AI value chain: OpenAI, Anthropic, Zhipu AI (Z.ai), DeepSeek, Moonshot AI, MiniMax. The full ranked list of 15 names is below.
How are ai model companies ranked here?
By chain-weight — each company's exposure to the parts of the AI chain, scaled by how central those parts are and the quality of its role (producer, supplier, consumer). It's a structural read, not a price target.
Which models company has the most AI-chain exposure?
OpenAI, most strongly through Inference serving, with a chain-weight of 68/100.
Chain-weight is an illustrative, order-of-magnitude read from our model of the AI value chain — not investment advice.
as of 2026-07-17Medium confidence model v0.7.0