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Methodology
Every record on EveryNeo is a set of claims. Each claim carries the source it came from, a short quote from that source, the date we last opened it, and a status that says how far the claim can be trusted. This page defines those terms.
What we track
Two classes of company and the links between them:
- Neolabs: research-led AI companies founded by researchers from frontier labs or academia, pursuing a long-horizon technical bet, usually funded at scale before they have revenue.
- Neoclouds: cloud providers whose main product is GPU or accelerator capacity for training and inference, as opposed to general-purpose hyperscalers.
- Links: funding rounds, investors, people and their previous affiliations, and compute deals (who buys capacity from whom, how much, on what terms).
A company can sit in one class, both, or next to them. We record what a company does and let the tier or type carry the judgement, so that the reason for inclusion is visible on the profile.
Neolab tiers
| Tier | Definition |
|---|---|
| Core | Research thesis at the centre of the company, founders with a research record, pre-product-market-fit, and a disclosed round of $100M or more or a valuation of $1B or more. |
| Emerging | Same profile at an earlier stage: stealth, seed, or a smaller disclosed round. |
| Graduated | Started as a neolab and has since reached material revenue, gone public, or been acquired. Kept on the ledger so outcomes stay visible. |
| Adjacent | Often listed with neolabs but different in kind: infrastructure, applications, vertical model companies with revenue. Listed for reference, excluded from neolab totals. |
Each profile shows its tier and a one-line reason. Totals on hub pages count Core and Emerging unless a table says otherwise.
Neocloud types
A provider is listed when renting or leasing AI capacity to third parties is its main line of business and at least one of these holds: it is publicly listed; it has disclosed $100M or more in equity and debt; it has 20 MW or more operating or under contract; or it names a frontier lab, a neolab or a hyperscaler as a customer.
| Type | Definition |
|---|---|
| GPU cloud | Sells GPU hours, clusters or bare metal on a fleet it operates. The core of the class. |
| Capacity landlord | Sells megawatts: powered shell, colocation or hosting for clouds, labs and hyperscalers. Does not sell GPU hours. |
| Sovereign cloud | National AI capacity under state ownership or mandate. |
| Inference cloud | Sells model serving: tokens, endpoints, serverless GPU functions, on its own or leased capacity. |
| Marketplace | Brokers capacity it does not operate. |
A company can carry a second type. Origin is recorded separately: a provider that began as a bitcoin miner is tagged "Miner pivot" whatever its type. Hyperscalers appear only as counterparties in deals, never as profiles in the neocloud count.
Claim status
Every funding round and compute deal has one of four statuses.
| Status | Rule |
|---|---|
| Confirmed | Stated by the company, a counterparty or a regulator (press release, filing, official post), or reported as closed by two independent established outlets. |
| Reported | Reported by one established outlet, or described as talks, a term sheet or an expected close. Not confirmed by a party to the transaction. |
| Rumor | Unattributed or single anonymous sourcing with no corroboration. Shown only where the claim is widely repeated and leaving it out would mislead. |
| Abandoned | Reported talks that later reporting or the parties say did not close. |
Talks are never upgraded to Confirmed on the strength of repetition. When a Reported round closes, the record gets the closing source and the status changes; the earlier reporting stays in the source list.
Source ranking
- Filings and registries: SEC EDGAR (Form D, 8-K, 10-Q, 10-K, 6-K, S-1), UK Companies House, exchange filings.
- Company statements: press releases, official blogs and posts, investor relations pages, earnings call transcripts.
- Established media with named reporters and corrections practice.
- Open datasets with a licence that allows reuse, with attribution on the fact.
We do not take figures from commercial funding databases whose licences forbid republication, and we do not collect data from sites that require a login. When the original report is behind a paywall, the record names the outlet and links to an open account of the same report.
Money figures
- Amounts are shown in the currency of the source with a US dollar conversion at the rate of the announcement date.
- A valuation is labelled pre-money or post-money only when the source says which. Otherwise it is shown as stated, with basis "unspecified".
- "Total raised" on a profile sums Confirmed rounds only. Reported amounts are listed separately.
- For compute deals, contract value, capacity (MW, GW or GPU count) and term are recorded as separate fields, each with its own source, because announcements often state only one of them.
- Implied prices from secondary markets are labelled as such and never mixed into round history.
People records
People appear on EveryNeo only in their professional capacity: role, employer, dates where public, previous affiliations, and public statements, each with a source. We do not publish contact details, photographs, or estimates of personal wealth, and we do not collect data from professional networks that forbid it. Anyone listed can ask for a correction or removal through the contact form; see the privacy notice.
Profile links
Company cards link to the company's public profiles (X, LinkedIn, Hugging Face, GitHub, YouTube) and to its documentation or research page. A company link is listed when it appears on the company's own website, or when the profile itself points back to the company's domain. Model and repository counts are read from the public Hugging Face and GitHub pages on the check date.
For people we link public professional profiles: X, LinkedIn, Google Scholar, Hugging Face, GitHub and a personal site. A link is listed only when one of these holds:
- the company's site links to the profile next to the person's name;
- the profile carries the same name and names the company or a sourced previous employer;
- for LinkedIn, a public search for the exact name together with the company name returns the profile, and its address contains the name;
- for Hugging Face, the account is a member of the company's organisation under the same full name.
Where the check fails, no link is shown, so a missing link does not mean that no profile exists. We store the address of a profile and do not copy what is on it. To add, fix or remove a link, use the contact form.
Posts from X
A company card shows up to three of the most recent posts from the company's X account, the same account that is listed under profile links. Only the account's own posts are shown; replies and reposts are left out. Before a post is shown we open it by its address and take the author, date and text from the post itself. The text is quoted as posted. A long post is cut and ends with an ellipsis, and images and video are not copied. Each post links to the original on X.
The selection is refreshed about once a week, so a card can lag behind the account, and a post the company has deleted disappears at the next refresh. A post appears as the company's own statement: showing it is not a check of what it says. Posts by individual people are not shown.
Check dates
The date beside a fact is the day we last opened the source and found the quoted text. A fact whose check date is more than 120 days old is marked stale; after 240 days it is marked as not re-verified. A check date is not a claim that nothing has changed since.
Conflicting figures
When sources disagree, the record keeps both figures with their sources and is flagged as a conflict. We do not average and we do not choose silently. If one figure comes from a higher-ranked source it is shown first.
Known limits
- Private companies disclose selectively. Absence of a round on a profile means we found no public source, not that no money was raised.
- Headline deal values often include options, later phases or non-binding commitments. Where the source separates firm and optional amounts, so do we.
- Quotes are checked by opening the source. Sources change or disappear; when that happens the fact keeps its last check date and is marked accordingly.
Found an error or a missing source? Submit a correction. How corrections are handled: corrections policy.