[
  {
    "metric": "valuation_revenue_multiple",
    "label": "Anthropic",
    "value": 21,
    "unit": "x",
    "period": "2026",
    "geography": "US",
    "source": "Affärslivet analysis of Epoch AI data and reported valuation",
    "source_url": "https://epoch.ai/data-insights/ai-companies-revenue",
    "confidence": "Medium"
  },
  {
    "metric": "valuation_revenue_multiple",
    "label": "OpenAI",
    "value": 34,
    "unit": "x",
    "period": "2026",
    "geography": "US",
    "source": "Affärslivet analysis of Epoch AI data and reported valuation",
    "source_url": "https://epoch.ai/data-insights/ai-companies-revenue",
    "confidence": "Medium"
  },
  {
    "metric": "valuation_revenue_multiple",
    "label": "Mistral",
    "value": 34,
    "unit": "x",
    "period": "2026",
    "geography": "France",
    "source": "Affärslivet analysis of Epoch AI data and reported valuation",
    "source_url": "https://epoch.ai/data-insights/ai-companies-revenue",
    "confidence": "Medium"
  },
  {
    "metric": "valuation_revenue_multiple",
    "label": "Z.ai (Zhipu)",
    "value": 258,
    "unit": "x",
    "period": "2026",
    "geography": "China",
    "source": "Affärslivet analysis of Epoch AI data and reported valuation",
    "source_url": "https://epoch.ai/data-insights/ai-companies-revenue",
    "confidence": "Medium"
  },
  {
    "metric": "valuation_revenue_multiple",
    "label": "xAI",
    "value": 537,
    "unit": "x",
    "period": "2026",
    "geography": "US",
    "source": "Affärslivet analysis of Epoch AI data and reported valuation",
    "source_url": "https://epoch.ai/data-insights/ai-companies-revenue",
    "confidence": "Medium"
  },
  {
    "metric": "valuation_revenue_multiple",
    "label": "Mature software (typical)",
    "value": 10,
    "unit": "x",
    "period": "2026",
    "geography": "Global",
    "source": "Public-market software valuation norms",
    "source_url": "https://www.bain.com/insights/will-ai-disrupt-techs-most-valuable-companies-technology-report-2025/",
    "confidence": "Medium"
  }
]