<ul><li>The AI industry is structured in layers, starting from hardware to cloud infrastructure, AI models, vertical AI applications, and consumer apps/hardware.</li><li>Key players in AI hardware include NVIDIA, Google, AMD, Intel, and startups like Cerebras, Graphcore, and Hailo.</li><li>Leading cloud AI providers are AWS, Microsoft Azure, Google Cloud, IBM Cloud, and Oracle Cloud.</li><li>Key players in AI models include OpenAI, DeepMind, Microsoft, Hugging Face, and Run:ai.</li></ul>

The AI Value Chain

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