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 Jul 10, 2026, 10:00 PM UTC
| # | Company | Capex | Market cap | Price | Day Δ | Capex / cap |
|---|---|---|---|---|---|---|
| 1 |  BABAAlibaba Group Holding Limited | $126.9B | $269.3B | $112.33 | +1.1% | 47.1% |
| 2 |  TCEHYTencent Holdings Limited | $12.0B | $534.4B | $59.30 | -0.8% | 2.2% |
| 3 |  BIDUBaidu, Inc. | $5.0B | $40.0B | $117.51 | -0.1% | 12.5% |
| 4 |  JDJD.com, Inc. | $4.0B | $38.1B | $28.20 | +1.7% | 10.5% |