AI infrastructure rankings
Rank the AI build-out by capital expenditure, market cap, share price or today's move. Reported actuals are solid; forward guidance is dashed.
Prices updated Aug 24, 2026, 10:01 PM UTC
| # | Company | Capex | Market cap | Price | Day Δ | Capex / cap |
|---|---|---|---|---|---|---|
| 1 |  BABAAlibaba Group Holding Limited | $126.9B | $284.0B | $118.47 | -0.7% | 44.7% |
| 2 |  TCEHYTencent Holdings Limited | $12.0B | $515.2B | $57.17 | -1.6% | 2.3% |
| 3 |  BIDUBaidu, Inc. | $5.0B | $31.4B | $92.18 | -1.1% | 15.9% |
| 4 |  JDJD.com, Inc. | $4.0B | $41.0B | $29.20 | -0.6% | 9.8% |