The players

Safety-founded lab, now the most valuable private company on earth.

Anthropic’s model family: Fable, Opus, Sonnet, Haiku, and the restricted Mythos.

ChatGPT is still the product most people have used. Its reach is its weapon.

Gemini, Jules and Auto Browse. Owns Search, Android and Workspace; invented A2A.

A new model family and a personal agent of the same name, delivered in WhatsApp.

Elon Musk’s lab, now inside SpaceX alongside Cursor. Makes Grok and Grok Bot.

Acquired xAI in February and closed on the coding tool Cursor in August.

Not a frontier lab but the biggest distributor: Copilot Cowork, Studio, Foundry.

France’s lab. Europe’s answer to US and Chinese dependence.

The cheap-to-train breakthrough that made this a two-continent race. Open, MIT.

The most-downloaded open models in the world. Over a billion downloads.

Competes on coding quality and shipping speed. K3 was the largest open model.

Leads the Chinese field on independent coding and agent leaderboards.

Part of a deep Chinese field, competing on efficient models.

A platform owner with enormous AI-exposed market value behind its model line.

The other Chinese platform owner with a frontier model programme.

Claude working in your files, apps and its own browser. In every paid plan.

Give it an outcome; it returns finished spreadsheets, decks and web apps.

Cowork inside Microsoft 365, across Outlook, Teams, SharePoint and Excel.

A team of named agents sharing one cloud computer, working while you sleep.

An always-on personal agent inside Copilot, in limited release.

Answers with citations, a browser agent in Comet, and a cloud agent in Computer.

Where Google’s browser agent went after Project Mariner was folded in.

The autonomous developer. The fastest-adopted developer tool of its generation.

OpenAI’s coding agent, now a tab inside the ChatGPT desktop app.

The original “AI software engineer”, cloud-hosted, cut from $500 to $20 a month.

The company behind Devin and Windsurf, valued at $47B on about $900M of revenue.

The AI-native editor Cognition bought, renamed Devin Desktop in June 2026.

Google’s free cloud coding agent, running on Gemini.

The AI-first code editor, bought by SpaceX and now the vehicle for Grok Bot.

The largest install base in coding AI, becoming an agent inside GitHub itself.

Open-source, self-hosted, millions of users. The reference personal agent.

Books, buys, negotiates and fills in forms. Free tier, inside WhatsApp.

The open-source agent that writes its own skills and gets better the longer it runs.

The open-model lab behind Hermes Agent and the Nous Portal subscription.

The general-purpose agent Meta bought, Beijing blocked, and independence returned to.

Manus’s parent, founded 2022. Also makes the Monica browser assistant.

Fifty video and image models behind one chat agent. $5.4bn, and an open API.

Trains its own video models and sells control. Now betting on world models.

Digital presenters from two minutes of webcam footage, dubbed into 175+ languages.

The voice layer. Cloning, dubbing, and the phone agents at Klarna and Revolut.

Describe an idea and a fixed team of agents builds and runs the company.

29,132 active of 484,592 created · Sept 2026

Publishes the live revenue of every company on the platform. The honest numbers.

Company-in-a-box with departments and a human gate in front of anything risky.

Open-source org chart for agents: roles, budgets, approvals, self-hosted.

The enterprise incumbent’s agent platform. $1.2B of revenue, billed four ways.

Bret Taylor’s agent company. Priced per resolved case from day one.

Governed agents for IT and HR workflows; AI contract value past a billion dollars.

Agents inside the ERP most large companies already run.

Agents inside the HR system, and a toll on outside agents reaching its data.

The enterprise back-office automation specialist, now with agent steps.

Hosts hundreds of thousands of custom agents built inside Microsoft 365.

The universal plug between agents and tools. Invented by Anthropic, now neutral.

Google’s standard for agents from different companies talking to each other.

The Linux Foundation body that owns MCP and A2A. Rivals agreeing to share.

The payment rails under agentic commerce. Agents that can pay run through it.

Runs agents at the edge, where a lot of them are hosted.

Where agents are deployed. Eve is its framework for durable agents.

The easiest automation layer: connect apps, run workflows, now with agent steps.

Open-source automation billed per workflow run. $5.2B, with SAP on the cap table.

The chips. Every frontier model was trained and is served on its hardware.

Rents the chips, power and buildings, and serves every major model via Bedrock.

Vertex AI serves the models; the fastest-growing of the big clouds.

Foundry serves every major model, and orders it cannot fill for want of power.

The fourth hyperscaler, with a backlog anchored by one enormous AI contract.

The hub where open weights are published. Nvidia agreed to buy it for $12.93bn.

Where the code lives and where agents commit it.

Low-latency inference chips. Nvidia bought its assets and people for ~$20bn.

The chips Beijing is steering its labs toward, at the price of a slower cycle.