Methodology

Source hierarchy

1. SEC filings (8-K, 10-Q, 10-K, 6-K and exhibits). A filing names the counterparty, the amount and the term with legal weight behind it. 46 rows rest on one.
2. Company releases from either party: investor-relations pages, official blogs, Business Wire and PR Newswire releases.
3. Named press reports (Reuters, Bloomberg, the Wall Street Journal, the FT, The Information, DatacenterDynamics, Utility Dive and others), used when the companies disclose nothing. The value note says when a figure comes only from press.

A higher source wins. The Nebius–Meta row carries the 6-K’s $2.9 billion, not the $3 billion headline. Figures are copied without rounding, and a value the parties have not disclosed stays empty and shows as n/d.

How conflicts are shown

When named sources report different numbers, the row keeps the figure from the highest-ranked source and the value note gives the competing figure and who reported it. Those rows carry a ≠ mark in the ledger. 7 rows carry one today:

• Anthropic–Nscale GPU services agreements (up to ~$44.6B)
• Anthropic rents SpaceX's Colossus compute (up to $120.5B through 2029)
• OpenAI–Cerebras 750 MW inference compute (over $10B)
• Meta–Nebius five-year GPU clusters (~$3B)
• Meta–Blue Owl $27B Hyperion data center joint venture
• OpenAI–Oracle 4.5 GW Stargate capacity
• Oracle discloses cloud contract worth over $30B a year from FY2028

Letters of intent, plans and press reports are status announced. A later deal in the same relationship gets its own row with status expanded on the earlier one, so OpenAI–CoreWeave reads $11.9B, then $4B, then $6.5B. Cancelled deals stay in the ledger.

Status

signed

Binding agreement disclosed

expanded

Adds to an existing relationship

completed

Closed or funded

announced

LOI, plan or press report

cancelled

Terminated or rejected

How totals work

Totals on the home page, the company pages and the filtered ledger add up each row’s headline figure as stated. Today that is $2.42T across 48 priced deals, of which $1.8T sits in signed, expanded or completed deals and $620B in announced ones (3 rows). Cancelled deals are left out.

Capacity totals count data center and compute capacity: 74.3 GW across 32 deals today. Power purchase agreements buy a plant’s output or its clean-energy attributes, so their rows carry the plant size in the value note and stay out of the GW total. That keeps a 1.121 GW nuclear contract from reading as 1.121 GW of compute.

Read a total as the scale of what has been put on the record, not as cash committed. Plans (Stargate’s $500 billion), ceilings (“up to”) and annual run-rates (Oracle’s $30 billion a year) count at face value, and overlapping rows are not netted: Stargate’s $400 billion includes about $300 billion that OpenAI attributes to the Oracle agreement. Filter by status or open a row’s note to separate them.

Dates

The date is the day a deal was first announced or disclosed. For SEC-disclosed deals it is the filing or release date. Each row also shows the date we last verified it, and every source shows the date we read it.

Reuse and citation

The full ledger is open data under CC BY 4.0. Download CSV or JSON, and credit “AI Compute Deals (aicomputedeals.com)” with a link to the deal page you cite. Corrections with a public source go to desk@aicomputedeals.com; we update the row and its verified date.