# T. Rowe Price's AI Investments: 16 Startups in Its Portfolio (2026)

> The 16 AI startups T. Rowe Price has backed, by stage: $426B raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/t-rowe-price-ai-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Series C and later

10

- [Anthropic](https://millionrounds.com/company/anthropic)
- [Crusoe](https://millionrounds.com/company/crusoe)
- [Cognition](https://millionrounds.com/company/cognition)
- [Tenstorrent](https://millionrounds.com/company/tenstorrent)
- [KoBold Metals](https://millionrounds.com/company/kobold-metals)
- [Fal](https://millionrounds.com/company/fal)
- [Temporal](https://millionrounds.com/company/temporal)
- [Fractile](https://millionrounds.com/company/fractile)
- [Lightmatter](https://millionrounds.com/company/lightmatter)
- [PagerDuty](https://millionrounds.com/company/pagerduty)

## Stage not reported

3

- [OpenAI](https://millionrounds.com/company/openai)
- [Cruise](https://millionrounds.com/company/cruise)
- [Nuro](https://millionrounds.com/company/nuro)

## Growth

3

- [Databricks](https://millionrounds.com/company/databricks)
- [Bending Spoons](https://millionrounds.com/company/bending-spoons)
- [SambaNova Systems](https://millionrounds.com/company/sambanova-systems)

## Segment by segment

### Series C and later

10 startups · $156B raised

- [**Anthropic**](https://millionrounds.com/company/anthropic) United States $134B
- [**Crusoe**](https://millionrounds.com/company/crusoe) Crusoe is an energy-first AI infrastructure company that develops and operates large-scale, AI-optimized data centers powered by c United States $9.9B
- [**Cognition**](https://millionrounds.com/company/cognition) Cognition, based in San Francisco, is an artificial intelligence company focused on enhancing software development. United States $3.0B
- [**Tenstorrent**](https://millionrounds.com/company/tenstorrent) Tenstorrent is a computing company that develops processors designed to help in faster training and adaptability to future algorithms. United States $3.0B
- [**KoBold Metals**](https://millionrounds.com/company/kobold-metals) KoBold Metals is a scientific mineral exploration and development company based in Berkeley, California. United States $1.5B
- [**Fal**](https://millionrounds.com/company/fal) fal.ai is a developer-first generative media platform and cloud infrastructure provider based in San Francisco, California. United States $1.4B
- [**Temporal**](https://millionrounds.com/company/temporal) Temporal is a financial services and market infrastructure company focused on enhancing efficiency in financial markets, particula United States $996M
- [**Fractile**](https://millionrounds.com/company/fractile) Fractile is a UK-based technology company and semiconductor startup founded in 2022 by Dr. United Kingdom $960M

### Stage not reported

3 startups · $233B raised

- [**OpenAI**](https://millionrounds.com/company/openai) OpenAI is an artificial intelligence research and deployment company based in San Francisco. United States $230B
- [**Cruise**](https://millionrounds.com/company/cruise) United States $2.0B
- [**Nuro**](https://millionrounds.com/company/nuro) Nuro, Inc. United States $1.4B

### Growth

3 startups · $36B raised

- [**Databricks**](https://millionrounds.com/company/databricks) Databricks is a data and AI company that provides a unified, cloud-based platform designed for data analytics, artificial intellig United States $34B
- [**Bending Spoons**](https://millionrounds.com/company/bending-spoons) Bending Spoons is a developer of digital technology products including video editing tools and an image editor. Italy $1.3B
- [**SambaNova Systems**](https://millionrounds.com/company/sambanova-systems) SambaNova Systems builds AI hardware and integrated systems to run AI applications from the data center to the cloud. United States $1.0B

**How this map is made.** Every startup here works in AI and has raised money in a round we track that names T. Rowe Price as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Co-investors **Who invests with T. Rowe Price** 174 co-investors](https://millionrounds.com/portfolio-maps/t-rowe-price-co-investors)[Portfolio map **T. Rowe Price portfolio map** 50 startups · $481B](https://millionrounds.com/portfolio-maps/t-rowe-price-portfolio-map)[Sector portfolio **RA Capital Management's Biotech portfolio** 197 startups · $38B](https://millionrounds.com/portfolio-maps/ra-capital-management-biotech-portfolio)[Sector portfolio **OrbiMed's Biotech portfolio** 176 startups · $28B](https://millionrounds.com/portfolio-maps/orbimed-biotech-portfolio)[Sector portfolio **Pioneer Fund's AI portfolio** 171 startups · $2.8B](https://millionrounds.com/portfolio-maps/pioneer-fund-2-ai-portfolio)[Sector portfolio **Gaingels' AI portfolio** 146 startups · $14B](https://millionrounds.com/portfolio-maps/gaingels-ai-portfolio)

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