{
 "version": 1,
 "views": [
  {
   "id": "atlas",
   "tab": "Whole industry",
   "title": "The AI industry, from applications down to lithography",
   "subtitle": "Nine bands, top to bottom: what people use → who builds the agents → the model labs → the data layer → inference → cloud → silicon → the semiconductor supply chain that makes any of it possible. Bubble size is valuation, log-compressed. Scroll to zoom, drag to pan, search to spotlight, and use the slider to strip the map down to only the giants.",
   "bands": [
    [
     "Applications",
     "app"
    ],
    [
     "Physical AI",
     "physical"
    ],
    [
     "Agents · dev tools",
     "agent"
    ],
    [
     "Foundation model labs",
     "lab"
    ],
    [
     "Data · training",
     "data"
    ],
    [
     "Inference · serving",
     "infer"
    ],
    [
     "Cloud · neoclouds",
     "cloud"
    ],
    [
     "AI silicon",
     "chip"
    ],
    [
     "Semiconductor supply",
     "semi"
    ]
   ],
   "edgeGroups": [
    {
     "id": "supply",
     "label": "supply",
     "types": [
      "routes",
      "rents",
      "builds_on",
      "fabricated_by",
      "equipped_by",
      "memory_from",
      "designed_with",
      "packaged_by",
      "trains_on"
     ],
     "on": true
    },
    {
     "id": "capital",
     "label": "capital",
     "types": [
      "invests_in",
      "commits_to"
     ],
     "on": false
    },
    {
     "id": "owns",
     "label": "ownership",
     "types": [
      "owns"
     ],
     "on": false
    },
    {
     "id": "rivals",
     "label": "rivalry",
     "types": [
      "rivals"
     ],
     "on": false
    }
   ],
   "features": {
    "search": true,
    "threshold": true,
    "zoom": true,
    "metrics": false
   },
   "presets": [
    {
     "id": "loop",
     "label": "Circular financing",
     "pitch": "Money that comes back to where it started: who funds whom, and who buys from whom.",
     "derive": {
      "rule": "money_loops",
      "types": [
       "invests_in",
       "commits_to",
       "rents",
       "builds_on"
      ],
      "min_musd": 20000,
      "max_len": 4
     },
     "note": "Money that comes back to where it started. A chipmaker invests in its customers, a cloud invests in the lab that rents from it, a lab commits spend to the cloud that buys the chips. ",
     "layout": "column",
     "kinds": [
      {
       "label": "Equity investment",
       "color": "#e8956b",
       "side": -1,
       "types": [
        "invests_in"
       ]
      },
      {
       "label": "Compute and data-centre deals",
       "color": "#159aa3",
       "side": 1,
       "types": [
        "rents",
        "commits_to"
       ]
      },
      {
       "label": "Chip purchases",
       "color": "#8ccbe0",
       "side": 1,
       "types": [
        "builds_on"
       ]
      }
     ]
    },
    {
     "id": "openai-money",
     "label": "OpenAI: follow the money",
     "pitch": "Who puts money into OpenAI, who OpenAI pays, and the partners that go both ways.",
     "variants": [
      {
       "tab": "Money flow",
       "note": "Every signed, sourced deal where money goes into or out of OpenAI. Partners that go both ways sit under it: those are its loops.",
       "derive": {
        "rule": "money_around",
        "company": "openai",
        "types": [
         "invests_in",
         "commits_to",
         "rents",
         "builds_on"
        ]
       },
       "layout": "flow",
       "kinds": [
        {
         "label": "Equity investment",
         "color": "#e8956b",
         "types": [
          "invests_in"
         ]
        },
        {
         "label": "Compute and data-centre deals",
         "color": "#159aa3",
         "types": [
          "rents",
          "commits_to"
         ]
        },
        {
         "label": "Buys its products or chips",
         "color": "#8ccbe0",
         "types": [
          "builds_on"
         ]
        }
       ]
      },
      {
       "tab": "Its loops",
       "note": "The circular financing loops that pass through OpenAI: money that leaves it and comes back.",
       "derive": {
        "rule": "money_loops",
        "through": "openai",
        "types": [
         "invests_in",
         "commits_to",
         "rents",
         "builds_on"
        ],
        "min_musd": 20000,
        "max_len": 4
       },
       "layout": "column",
       "kinds": [
        {
         "label": "Equity investment",
         "color": "#e8956b",
         "side": -1,
         "types": [
          "invests_in"
         ]
        },
        {
         "label": "Compute and data-centre deals",
         "color": "#159aa3",
         "side": 1,
         "types": [
          "rents",
          "commits_to"
         ]
        },
        {
         "label": "Chip purchases",
         "color": "#8ccbe0",
         "side": 1,
         "types": [
          "builds_on"
         ]
        }
       ]
      }
     ]
    },
    {
     "id": "anthropic-money",
     "label": "Anthropic: follow the money",
     "pitch": "Who puts money into Anthropic, who Anthropic pays, and the partners that go both ways.",
     "variants": [
      {
       "tab": "Money flow",
       "note": "Every signed, sourced deal where money goes into or out of Anthropic. Partners that go both ways sit under it: those are its loops.",
       "derive": {
        "rule": "money_around",
        "company": "anthropic",
        "types": [
         "invests_in",
         "commits_to",
         "rents",
         "builds_on"
        ]
       },
       "layout": "flow",
       "kinds": [
        {
         "label": "Equity investment",
         "color": "#e8956b",
         "types": [
          "invests_in"
         ]
        },
        {
         "label": "Compute and data-centre deals",
         "color": "#159aa3",
         "types": [
          "rents",
          "commits_to"
         ]
        },
        {
         "label": "Buys its products or chips",
         "color": "#8ccbe0",
         "types": [
          "builds_on"
         ]
        }
       ]
      },
      {
       "tab": "Its loops",
       "note": "The circular financing loops that pass through Anthropic: money that leaves it and comes back.",
       "derive": {
        "rule": "money_loops",
        "through": "anthropic",
        "types": [
         "invests_in",
         "commits_to",
         "rents",
         "builds_on"
        ],
        "min_musd": 20000,
        "max_len": 4
       },
       "layout": "column",
       "kinds": [
        {
         "label": "Equity investment",
         "color": "#e8956b",
         "side": -1,
         "types": [
          "invests_in"
         ]
        },
        {
         "label": "Compute and data-centre deals",
         "color": "#159aa3",
         "side": 1,
         "types": [
          "rents",
          "commits_to"
         ]
        },
        {
         "label": "Chip purchases",
         "color": "#8ccbe0",
         "side": 1,
         "types": [
          "builds_on"
         ]
        }
       ]
      }
     ]
    }
   ],
   "bandOverrides": {
    "neo": "cloud",
    "gateway": "infer"
   }
  },
  {
   "id": "inference",
   "tab": "Inference stack",
   "title": "The AI inference stack - where a prompt goes, and where the money goes",
   "subtitle": "The same dataset at higher resolution on one slice: apps that own the user, down to the silicon it runs on. Supply is split three ways - requests <b>route</b> down, GPU capacity is <b>rented</b>, everything is <b>built on</b> silicon. Toggle capital to overlay who invests in and commits spend to whom, or hit circular financing to isolate the NVIDIA ↔ neocloud ↔ hyperscaler loop.",
   "include": {
    "connectedBy": [
     "routes",
     "rents",
     "builds_on",
     "invests_in",
     "commits_to"
    ]
   },
   "aggregate": [
    {
     "id": "frontier",
     "name": "Frontier labs",
     "sector": "lab",
     "members": [
      "openai",
      "anthropic",
      "deepmind",
      "xai"
     ],
     "signal": "OpenAI · Anthropic · Google · xAI",
     "role": "The proprietary model owners apps route to for the hardest tasks, collapsed into one routing destination. Expand this node in the full atlas."
    }
   ],
   "bands": [
    [
     "Applications · interfaces",
     "app"
    ],
    [
     "Agents · gateways",
     "agent"
    ],
    [
     "Model labs",
     "lab"
    ],
    [
     "Inference API",
     "infer"
    ],
    [
     "Hyperscaler cloud",
     "cloud"
    ],
    [
     "GPU neoclouds",
     "neo"
    ],
    [
     "Silicon",
     "chip"
    ]
   ],
   "bandOverrides": {
    "gateway": "agent",
    "data": "lab",
    "physical": "app",
    "semi": "chip"
   },
   "edgeGroups": [
    {
     "id": "routes",
     "label": "routes to",
     "types": [
      "routes"
     ],
     "on": true
    },
    {
     "id": "rents",
     "label": "rents from",
     "types": [
      "rents"
     ],
     "on": true
    },
    {
     "id": "built",
     "label": "built on",
     "types": [
      "builds_on"
     ],
     "on": true
    },
    {
     "id": "capital",
     "label": "money flows",
     "types": [
      "invests_in",
      "commits_to"
     ],
     "on": false
    }
   ],
   "features": {
    "search": true,
    "threshold": false,
    "zoom": true,
    "metrics": true
   },
   "presets": [
    {
     "id": "loop",
     "label": "Circular financing",
     "pitch": "Money that comes back to where it started: who funds whom, and who buys from whom.",
     "note": "Money that comes back to where it started. A chipmaker invests in its customers, a cloud invests in the lab that rents from it, a lab commits spend to the cloud that buys the chips. ",
     "derive": {
      "rule": "money_loops",
      "types": [
       "invests_in",
       "commits_to",
       "rents",
       "builds_on"
      ],
      "min_musd": 20000,
      "max_len": 4
     },
     "layout": "column",
     "kinds": [
      {
       "label": "Equity investment",
       "color": "#e8956b",
       "side": -1,
       "types": [
        "invests_in"
       ]
      },
      {
       "label": "Compute and data-centre deals",
       "color": "#159aa3",
       "side": 1,
       "types": [
        "rents",
        "commits_to"
       ]
      },
      {
       "label": "Chip purchases",
       "color": "#8ccbe0",
       "side": 1,
       "types": [
        "builds_on"
       ]
      }
     ]
    }
   ]
  }
 ]
}