So I saw this chart floating around LinkedIn and it kind of blew my mind.
Imagine the AI world as three layers.
At the bottom: chips.
In the middle: AI models.
At the top: distribution.
And the crazy part?
The winners in each layer are almost already decided.
NVIDIA basically owns the chip layer.
OpenAI, Anthropic and Google are fighting in the model layer.
And distribution is controlled by giants like Microsoft, Amazon and Apple.
The competition here is about who has the smartest AI model at any time. OpenAI was ahead for most of the time, Claude and Grok had their hit at the throne, but Gemini is just crushing it through 2025.
But the real moat might actually be who owns the GPUs and the users. Google has an established advantage here, and they are starting to monetise on this. But we still wonder whether it will be enough to break OpenAI?
I am getting more prone to betting on Google 🙂
