AT being backed by VC is false—it's Bluesky the company that is. AT is merely a spec for signing, storing and propagating structured data (records) + the identity that owns said records.
In short, they're actively working on making AT as neutral as possible.
[0]: https://docs.bsky.app/blog/taking-at-to-ietf
[1]: https://datatracker.ietf.org/doc/bofreq-newbold-authenticate...
It would be all good if the index is shared via DHT, bittorrent, ips or other means. Same goes for the google search index, etc.