2025 Accel Race for compute

Accel
arc beats above · slides in the middle · loops below · scroll → 6 LOOPS
SETUP TENSION ANALYSIS EVIDENCE RESOLUTION APPENDIX
HOVER FOR DETAILS · CLICK A SLIDE FOR FULLSCREEN · STEP 5
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Deck intelligence map

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coverage by narrative range · generated from this deck JSON

Slide inventory

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every slide · same image gating as the playbook
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Slide 1
front_matter
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front_matter
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The slide uses high-contrast yellow highlights on key phrases within the quote.establish_context
Open slide detailBeat · The Facts (What)Loop · Why Now
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The chart uses a shaded area to highlight three distinct technological eras and their respective growth percentages.establish_context
Open slide detailBeat · The Facts (What)Loop · Why Now
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The slide uses a scale metaphor to illustrate that AI growth is currently outweighing macro/geopolitical concerns.compare_options
Open slide detailBeat · The Facts (What)Loop · Why Now
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The treemap visualizes market cap distribution; the right side provides aggregate financial performance metrics.quantify_impact
Open slide detailBeat · The Facts (What)Loop · Why Now
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The chart shows the growth in market cap for NVIDIA, Microsoft, Apple, Alphabet, Amazon, and Meta.quantify_impact
Open slide detailBeat · The Facts (What)Loop · Why Now
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The slide uses a split-chart approach to contrast companies with positive vs negative market cap growth.compare_options
Open slide detailBeat · The Facts (What)Loop · Why Now
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The chart uses a shaded area to represent the index value over time, with a specific highlight box for the recent growth period.analyze_data
Open slide detailBeat · The Facts (What)Loop · Why Now
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The chart uses a dashed line to represent the pre-COVID average of 7.1x, comparing it to the current 7.8x level in Oct-2025.analyze_data
Open slide detailBeat · The Facts (What)Loop · Why Now
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Includes a callout box listing recent notable IPOs/companies.analyze_data
Open slide detailBeat · The Facts (What)Loop · Why Now
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The slide highlights global reach with specific company logos/names pinned to locations, alongside summary statistics on the right.quantify_impact
Open slide detailBeat · The Facts (What)Loop · Why Now
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transition
Open slide detailBeat · The Facts (What)
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Data represents the Globalscape Cloud Index.analyze_data
Open slide detailBeat · The Facts (What)Loop · Aha Moment
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The chart distinguishes between private buyouts and take-privates, with 2025E showing an annualization projection.quantify_impact
Open slide detailBeat · The Facts (What)Loop · Aha Moment
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2025 Annualisation Excludes deals >$20B EV; Chart only includes deals >$500M EV. Source: Accel analysis, Qatalystanalyze_data
Open slide detailBeat · The Facts (What)Loop · Aha Moment
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Slide uses a three-column layout to compare key performance indicators for agent-based software products.illustrate_case
Open slide detailBeat · The Facts (What)Loop · Aha Moment
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The slide uses a four-column layout, each representing a specific partnership/case study with key metrics and a testimonial.illustrate_case
Open slide detailBeat · The Facts (What)Loop · Aha Moment
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The chart highlights the accelerated growth trajectory of AI-native companies (Lovable, Cursor, OpenAI, Anthropic, ElevenLabs) compared to established SaaS playquantify_impact
Open slide detailBeat · The Facts (What)Loop · Aha Moment
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The 2025E bar includes specific callouts for major AI model companies (xAI, Anthropic, OpenAI).analyze_data
Open slide detailBeat · The Facts (What)Loop · Aha Moment
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The chart uses a grouped bar format to contrast US funding against EU/IL funding over time.analyze_data
Open slide detailBeat · The Facts (What)Loop · Aha Moment
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Data sourced from Pitchbook as of Oct-22 2025.analyze_data
Open slide detailBeat · The Facts (What)Loop · Aha Moment
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The slide uses a timeline format to illustrate the acceleration of AI model development across major industry players.summarize
Open slide detailBeat · The Facts (What)Loop · Before After
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The slide uses bracket annotations to highlight the percentage delta between the top and bottom performers in each category.compare_peers
Open slide detailBeat · The Facts (What)Loop · Before After
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The chart highlights the relative scale of EU/IL venture capital compared to the US in the cloud and AI application sector.compare_peers
Open slide detailBeat · The Facts (What)Loop · Before After
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Data sourced from Dealroom as of Oct-22 2025.compare_peers
Open slide detailBeat · The Facts (What)Loop · Before After
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The slide uses a grid layout to categorize AI companies by industry vertical, with funding metrics for each.size_opportunity
Open slide detailBeat · The Facts (What)Loop · Before After
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The slide uses a combination of qualitative trends and quantitative growth metrics to support the thesis of bottoms-up adoption.quantify_impact
Open slide detailBeat · The Facts (What)Loop · Before After
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The chart uses color to distinguish between AI-native (dark green) and traditional (light grey) companies.compare_peers
Open slide detailBeat · The Facts (What)Loop · Before After
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The chart highlights a significant gap between emerging AI application companies and established public cloud software companies.compare_peers
Open slide detailBeat · The Facts (What)Loop · Before After
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The chart highlights a 97% cost decline over 31 months.quantify_impact
Open slide detailBeat · The Facts (What)Loop · Before After
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transition
Open slide detailBeat · The Implications (So What)
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The slide uses a 'plus' sign to connect case studies (demand side) with a market landscape (supply side) to justify the need for infrastructure.establish_context
Open slide detailBeat · The Implications (So What)Loop · Domino Effect
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The slide uses a grid of callout boxes to curate recent industry news regarding AI infrastructure spending.summarize
Open slide detailBeat · The Implications (So What)Loop · Domino Effect
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The slide uses a comparison frame to contextualize the 117GW growth figure.size_opportunity
Open slide detailBeat · The Implications (So What)Loop · Domino Effect
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The chart uses a stacked bar representation to show individual company commitments against a total.quantify_impact
Open slide detailBeat · The Implications (So What)Loop · Domino Effect
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The chart uses a stacked bar format to show the composition of CapEx over time, with a summary total on the right.size_opportunity
Open slide detailBeat · The Implications (So What)Loop · Domino Effect
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The slide demonstrates that the major hyperscalers have sufficient operating cash flow to fund their AI infrastructure investments through 2030.quantify_impact
Open slide detailBeat · The Implications (So What)Loop · Domino Effect
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The slide uses a 20% margin assumption for the final revenue calculation.quantify_impact
Open slide detailBeat · The Implications (So What)Loop · Domino Effect
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The table shows a projection from 2026 to 2030, highlighting the gap between baseline GDP growth (5.0%) and the growth required to justify AI investments (6.5%)quantify_impact
Open slide detailBeat · The Implications (So What)Loop · Domino Effect
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The chart highlights a 36 GW shortfall, contextualized by the physical infrastructure required to bridge it.frame_problem
Open slide detailBeat · The Implications (So What)Loop · Domino Effect
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transition
Open slide detailBeat · The Action (Now What)
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The slide serves as a recognition/celebration page within a larger industry report.illustrate_case
Open slide detailBeat · The Action (Now What)Loop · Segmentation Split
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The slide uses a logo-grid layout to categorize companies into sectors like Foundation Models, Robotics, Horizontal AI, Developers/Infrastructure, Vertical AI, summarize
Open slide detailBeat · The Action (Now What)Loop · Segmentation Split
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The slide uses a 2x3 grid of metric cards to summarize the cohort's characteristics.summarize
Open slide detailBeat · The Action (Now What)Loop · Segmentation Split
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The slide displays a grid of company logos/names.other
Open slide detailBeat · The Action (Now What)Loop · Segmentation Split
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The slide uses a grid-based layout to categorize companies into 8 distinct sectors: Foundation Models/Data, AI Infrastructure, AI-Enabled Services, Developer Topresent_framework
Open slide detailBeat · The Action (Now What)Loop · Segmentation Split
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summarize
Open slide detailBeat · The Action (Now What)Loop · Segmentation Split
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The chart uses a combination of large vertical bars and a stacked column on the right to represent market segments.quantify_impact
Open slide detailBeat · The Action (Now What)Loop · Segmentation Split
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The chart ranks categories by hiring velocity, highlighting the dominance of foundation models.quantify_impact
Open slide detailBeat · The Action (Now What)Loop · Segmentation Split
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Data as of Oct-22 2025analyze_data
Open slide detailBeat · The Action (Now What)Loop · Segmentation Split
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front_matter
Open slide detailBeat · The Action (Now What)
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The slide uses a grid layout to present five distinct strategic themes.state_next_steps
Open slide detailBeat · The Action (Now What)Loop · Mece Breakdown
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Includes a logo grid of relevant AI agent/automation vendors.summarize
Open slide detailBeat · The Action (Now What)Loop · Mece Breakdown
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The slide highlights how AI is moving from general-purpose to vertical-specific, disrupting traditional software and service budgets.present_solution
Open slide detailBeat · The Action (Now What)Loop · Mece Breakdown
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The slide highlights the shift in cybersecurity focus towards AI-specific threats and tools.summarize
Open slide detailBeat · The Action (Now What)Loop · Mece Breakdown
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The slide highlights the shift of AI coding tools into enterprise workflows, supported by a bar chart showing current developer adoption rates.summarize
Open slide detailBeat · The Action (Now What)Loop · Mece Breakdown
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The slide uses a combination of bulleted text and a grid of product feature screenshots to illustrate the trend.summarize
Open slide detailBeat · The Action (Now What)Loop · Mece Breakdown
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front_matter
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summarize
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Data as of Oct-22 2025; Source: Dealroom, Accel analysis.analyze_data
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The chart displays annual investment data broken down by UK, France, Germany, Nordics, and Other.analyze_data
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state_next_steps