The useful read
country vs country
┌─ generated from funding, org, model, compute, and overlap signals ─────────────────────────────── ┐
Brazil and Spain are close on tracked AI funding, so the interesting split is models, compute, and org depth.
Brazil's biggest carrier is Tractian: $180M (57.1% of tracked side funding). Spain's biggest carrier is Multiverse Computing: $326M (91.6% of tracked side funding).
The org chart switches to a carrier board because a treemap would exaggerate sparse or heavily skewed data.
Funding is HQ-based and limited to AI-native orgs. Compute is counted by datacenter location, so it can disagree with headquarters funding.