Yeah, AT Protocol being "funded" by one company (Bluesky PBLLC) and ActivityPub being indirectly "funded" by multiple companies + organizations, some of them being Nextcloud GmbH, Framasoft (PeerTube), Tumblr (Yahoo).
Seems based on that variable, ActivityPub has the benefit of being more widespread, but that tends to also make changes go through slower. ActivityPub being a specification maintained by W3C also make changes extra slow, but stable at least, while AT Protocol probably won't have any stability guarantees for a long time.