The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Research · Q1

Destination · intellectual property / licensing

$8.7B tracked across 2 claim(s) (+1 more without a settled point figure — see members) (+1 reported, not closed, $20.0M point figure, not in the total — see members)

Sum of point-figure, USD-denominated flow claims tagged Destination · intellectual property / licensing in the money-flow graph, leaving out claims with no realization status (reported, not closed) and guarantees (contingent).

Aggregate of 4 member claims — each member's sourced figures are below.


the working

Basis

Sum of point-figure, USD-denominated flow claims tagged Destination · intellectual property / licensing in the money-flow graph, leaving out claims with no realization status (reported, not closed) and guarantees (contingent).

The pieces 4

Every claim that fed this total, plus any that couldn't be summed — click a row for its own sourcing.

FlowAs ofAmount
Nvidia → Poolside2026-08-20T00:00:00Z$6.0B
Google → Character.AI$2.7B
The Walt Disney Company → Character.AI in talksin talks, not counted
Amazon → Synopsys2026-09-30T00:00:00Znot summed
Total (settled figures only)$8.7B

A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Research · Q1.