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 Oct 8, 2026, 10:00 PM UTC
| # | Company | Capex | Market cap | Price | Day Δ | Capex / cap |
|---|---|---|---|---|---|---|
| 1 |  BABAAlibaba Group Holding Limited | $126.9B | $253.3B | $105.70 | -1.2% | 50.1% |
| 2 |  TCEHYTencent Holdings Limited | $12.0B | $476.1B | $52.83 | -1.2% | 2.5% |
| 3 |  BIDUBaidu, Inc. | $5.0B | $28.5B | $83.92 | -1.6% | 17.5% |
| 4 |  JDJD.com, Inc. | $4.0B | $37.8B | $26.91 | -0.4% | 10.6% |