The OEM-equivalent line is probably made by Delphi, but packaged in a Delco box. So it's "Genuine GM" stuff. But even that isn't a guarantee of quality. I bought an outside mirror for my Lumina from a GM dealership in a sealed GM box. Damned thing was made in China. The original had shiny black finish except where it'd been chipped by gravel, after 14 years. The new replacement was dull grey in six months.
There was a time that AC-Delco was a real, live GM subsidiary. They got broken up and sold-off ages ago. Delphi, Delco, and Remy (at least) came out of that split. The way I understand it, Delphi makes parts directly for GM, but sells some to the consumer via the usual wholsale/jobber chain, and some to other brand-names as a subcontractor. Delco buys from Delphi, AND OTHERS, and sells to the consumer via the usual wholesale/jobber chain. Remy specializes in heavy-truck stuff, but there's crossover to normal automotive applications--for example, passenger cars, light trucks, and heavy trucks might use the same starter motor. So Remy sells some stuff to the automotive consumer, via the usual wholesale/jobber chain.
Where that leaves AC, I don't really know. Can't tell the players without a scorecard, and you have to update the scorecard about every year or two because someone has bought, sold, split or merged with someone else.
It's like buying tools. There's lots of name-brands, but they're owned by a small collection of conglomerates.