SBMUpdated 23 Oct 2026
Early version, updated weekly. Every claim is dated and sourced. Think something is wrong? Dispute it.
Map / Loops / Capital

Capital loop

Expected demand, capital, capacity, demand that justifies more capital.

Models running this loop 4

ModelRungFamilyLoopRegisterStateCosEvidenceLast
NeocloudsLEV Leveraged Owning the scarce inputscapital RisingScaling 30A 3B2026-04-15
Compute for equityLEV Leveraged Owning the scarce inputscapital RisingContested 42A 2B2026-04-24
Sovereign AI capacityLEV Leveraged Owning the scarce inputscapital RisingEmerging 21A 1B2026-03-30
Energy underwritten by computeLEV Leveraged Owning the scarce inputscapital RisingScaling 30A 3B2026