Top AI valuation
latest closed-round post-money valuation$965Bheld by Anthropic
Live chart · updates with every published snapshot
AI capital expenditure guidance
The combined forward capital-expenditure guidance of the major AI infrastructure builders, taken from their own current disclosures.
combined forward capex guidance$505B
Behind the number
What makes up the total
- Microsoft$190B37.6%
- Alphabet$180B35.6%
- Meta$135B26.7%
Each tracked contributor to the headline total, in board order with each entry's share of the tracked total.
| Rank | Entry | combined forward capex guidance | Share of tracked total |
|---|---|---|---|
| 1 | Microsoft | $190B | 37.6% |
| 2 | Alphabet | $180B | 35.6% |
| 3 | Meta | $135B | 26.7% |
$505B on every publication so far. A line appears here as soon as the number moves.
About this metric
Capex guidance is the AI buildout priced in the builders' own words. This chart sums the current forward capital-expenditure guidance of the companies on the board, each figure taken from first-party disclosures such as earnings calls and investor guidance, with ranges and fiscal periods preserved in the evidence trail.
Each company contributes its latest disclosed forward guidance in dollars; where guidance is a range, the published midpoint-consistent value on the board is used. The total moves only when a company raises, lowers, or rolls forward its own numbers, so every change in this line is attributable to a specific disclosure.
Guidance is the most forward-looking hard number in the AI economy: it is next year's data centers, accelerators, and power contracts stated as a budget. Rising combined guidance means the largest builders still see returns at higher spend. The first broad guidance cut will be visible here before it is visible in any completed facility count.
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