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Scrutica
Records to 2026-09

Sovereign AI

Announced commitments against government budgets and reported disbursements, by country.

Awards, pledges and portfolio allocations

US semiconductor awards and company infrastructure announcements sit alongside broader state investment portfolios. Substation counts describe the grid mapped near EuroHPC reference facilities.

Final awards · CHIPS
$44.0B

US CHIPS Act final awards: $38.5B in grants (solid) plus $5.5B in loans (the lighter strip), across 26 awards reported by NIST and Commerce. This includes $7.4B in awards flagged for rescission risk.

Pledged · corporate
$260.8B

Company infrastructure pledges, from 6 announcements. The hatched $102.5B comes from pledges flagged as components of sovereign programme announcements. One figure is an “up to” ceiling.

Private equity · state investors
$119.4B

Private-equity allocations across 30 sovereign funds and government agencies, retrieved 2026-05-19 from a licensed database, without an AI-sector filter. Assets under management total $5.7T, about 47× the private-equity allocation. That broader portfolio is the band behind the square, at the same scale. Only aggregates are published.

Substations near EuroHPC reference facilitiesDE65ES51FR16EU13IT12CZ10PL8FI1IE—NL—SE—

Square areas share a dollar scale; awards, pledges and portfolio allocations measure different financial quantities. The substation row counts OpenStreetMap records within 50 km of each matched EuroHPC reference facility. Proximity does not establish an electrical connection or available grid capacity. An em dash means no reference facility with coordinates was matched.

Explore facilities on the Map. Programme funding and reported government disbursements are on Programs.

Award recipients, investment announcements and grid records

United States · CHIPS Act allocation rollup

$44.01B across 26 final awards

Announced grants and loans under CHIPS for America. Section 48D investment tax credits and 16 preliminary memoranda of terms or letters of intent are excluded from these totals.

Direct grants
$38.51B
Loans
$5.50B
Facility-bound
21 / 26
5 corporate-level (multi-state composite)
Section 48D undisclosed
20 / 26
ITC values not disclosed at per-recipient level
Rescission risk. The totals still include $7.40B across 2 flagged awards. On August 25, 2025, Commerce announced that NIST would replace Natcast as operator of the National Semiconductor Technology Center and that it would no longer honour the Natcast funding agreement.

Recipients (sorted by allocation)

Source: NIST and Commerce final-award announcements under the CHIPS and Science Act (Public Law 117-167). Award amounts do not establish how much has been paid.
Sovereign funds and government agencies

Private-equity allocations

Capital under management and private-equity allocations across 30 sovereign wealth funds and government agencies. These totals have no AI-sector filter; an allocation does not establish how much remains available to invest.

30
Sovereign entities
Sovereign wealth funds and government agencies
18
Countries
$5667.1B
Capital under management
$119.4B
Current private-equity allocation
Source: aggregate calculations from a licensed fund and limited-partner database, retrieved May 19, 2026. Individual fund records are not published here.
Corporate pledges · non-government

Corporate infrastructure commitments

Company-announced AI and data-center infrastructure commitments of at least $10B or 1 GW, each attributed to a single country and announced in 2024 or later. Amounts and terms come from company releases. 2 of the 6 pledges here (SoftBank Group Corp.’s France commitment, Microsoft’s United Arab Emirates commitment) are flagged as components of sovereign programme announcements.

Announced total
$261B
sums all 6 announcements; $103B is flagged as overlapping sovereign programme announcements; one amount is an “up to” ceiling; 3 of 6 USD figures use ECB reference-rate conversions
Pledges without a recorded overlap
$158B
4 pledges without an overlap flag; these flags refer to the programme announcements recorded with each pledge
Realized to date
—
spending and construction progress are not tracked for these pledges
Primary-sourced
6 / 6
tier 1: the company's own IR release or newsroom; 6 countries
Source: company investor-relations releases and corporate newsrooms. Non-USD amounts use ECB reference rates for the announcement date. Standalone equity investments, model-training deals, government programmes and individual facility projects are excluded. Equity investments within a broader infrastructure pledge remain included; each pledge’s source notes describe its components.
EuroHPC AI Factories · nearby grid infrastructure

Substations within 50 km of each EuroHPC AI Factory’s anchor site

Substations mapped within 50 km of each named anchor facility, from a dataset of 6,737 European substations. Geographic proximity does not establish a grid connection or spare capacity. Voltage figures are summed from the nearby substation records.

Anchor coordinates unresolved. 3 programs could not be matched to an anchor facility with coordinates. The following counts cover each whole country:IE (54 substations) · NL (65 substations) · SE (215 substations).
Source. PyPSA-Eur 2024 (Xiong et al., Zenodo DOI 10.5281/zenodo.14144752, ODbL v1.0), derived from OpenStreetMap. Anchors are matched by facility name; the programme-specific names are listed in src/lib/data/eurohpc-grid-context.ts:EUROHPC_PROGRAM_ANCHOR_NAMES.