| 1 | Nvidia | Hardware | Santa Clara, United States | $5.12T |
| 2 | Google | Infrastructure | Mountain View, United States | $4.54T |
| 3 | Apple | Applications | Cupertino, United States | $4.28T |
| 4 | Microsoft | Infrastructure | Redmond, United States | $2.87T |
| 5 | Microsoft Japan | Infrastructure | Tokyo, Japan | $2.77T |
| 6 | Microsoft cloud and AI infrastructure in Singapore | Infrastructure | Singapore, Singapore | $2.76T |
| 7 | Amazon | Infrastructure | Seattle, United States | $2.56T |
| 8 | TSMC | Infrastructure | Hsinchu, Taiwan | $2.22T |
| 9 | Broadcom | Infrastructure | San Jose, United States | $1.87T |
| 10 | SpaceXAI | Infrastructure | Austin, United States | $1.75T |
| 11 | SpaceX | Infrastructure | Hawthorne, United States | $1.75T |
| 12 | Space Exploration Technologies Corp. (SpaceX) | Infrastructure | Hawthorne, United States | $1.75T |
| 13 | Samsung | Hardware | Suwon, South Korea | $1.55T |
| 14 | Tesla | Applications | Austin, United States | $1.49T |
| 15 | Meta | Applications | Menlo Park, United States | $1.45T |
| 16 | SK Hynix | Infrastructure | Icheon, South Korea | $1.35T |
| 17 | Micron Technology | Infrastructure | Boise, United States | $1.01T |
| 18 | Google Kenya | Infrastructure | Nairobi, Kenya | $1.00T |
| 19 | Bull | Infrastructure | Les Clayes-sous-Bois, France | $1.00T |
| 20 | Cooler Master | Infrastructure | New Taipei City, Taiwan | $1.00T |
| 21 | G42 | Infrastructure | Abu Dhabi, United Arab Emirates | $1.00T |
| 22 | e& enterprise | Infrastructure | Abu Dhabi, United Arab Emirates | $1.00T |
| 23 | Catchpoint | Infrastructure | New York, United States | $1.00T |
| 24 | Epic Systems | Infrastructure | Verona, Wisconsin, United States | $1.00T |
| 25 | AtlasEdge Data Centres | Infrastructure | London, United Kingdom | $1.00T |
| 26 | RKTech | Infrastructure | Dallas, Texas, United States | $1.00T |
| 27 | Yunli Zhihui Technology Co., Ltd. | Infrastructure | Hangzhou, China | $1.00T |
| 28 | SchedMD | Infrastructure | Salt Lake City, United States | $1.00T |
| 29 | Tianyang Technology Co., Ltd. | Infrastructure | Shenzhen, China | $1.00T |
| 30 | Travelport | Infrastructure | Langley, United Kingdom | $1.00T |
| 31 | MARBLEX | Infrastructure | Seoul, South Korea | $1.00T |
| 32 | OneAdvanced | Infrastructure | Birmingham, United Kingdom | $1.00T |
| 33 | ServiceNow | Infrastructure | Santa Clara, United States | $1.00T |
| 34 | Netenrich | Infrastructure | San Jose, United States | $1.00T |
| 35 | Google for Education | Infrastructure | Mountain View, United States | $1.00T |
| 36 | Zadara | Infrastructure | Irvine, California, United States | $1.00T |
| 37 | Anthropic | Research | San Francisco, United States | $965.0B |
| 38 | AMD | Hardware | Santa Clara, United States | $853.1B |
| 39 | OpenAI | Research | San Francisco, United States | $852.0B |
| 40 | Advanced Micro Devices (AMD) | Infrastructure | Santa Clara, United States | $796.9B |
| 41 | Visa | Infrastructure | San Francisco, United States | $606.8B |
| 42 | ASML | Hardware | Veldhoven, Netherlands | $595.4B |
| 43 | ByteDance | Applications | Beijing, China | $550.0B |
| 44 | Oracle | Infrastructure | Austin, Texas, United States | $541.6B |
| 45 | Intel | Hardware | Santa Clara, California, United States | $538.0B |
| 46 | Tencent | Infrastructure | Shenzhen, China | $533.5B |
| 47 | Bloomberg | Infrastructure | New York, United States | $500.0B |
| 48 | Bosch | Infrastructure | Stuttgart, Germany | $500.0B |
| 49 | Wadhwani AI | Infrastructure | Mumbai, India | $500.0B |
| 50 | Cisco | Infrastructure | San Jose, United States | $471.2B |
| 51 | Samsung Electronics | Infrastructure | Suwon, South Korea | $436.0B |
| 52 | Arm | Infrastructure | Cambridge, United Kingdom | $420.2B |
| 53 | Palantir | Applications | Denver, United States | $306.8B |
| 54 | Alibaba Cloud | Infrastructure | Hangzhou, China | $302.5B |
| 55 | Alibaba Group | Infrastructure | Hangzhou, China | $271.4B |
| 56 | Alibaba | Infrastructure | Hangzhou, China | $261.9B |
| 57 | CATL | Infrastructure | Ningde, Fujian, China | $258.0B |
| 58 | Dell Technologies | Infrastructure | Round Rock, United States | $256.2B |
| 59 | IBM | Infrastructure | Armonk, United States | $255.9B |
| 60 | Qualcomm Technologies, Inc. | Infrastructure | San Diego, United States | $255.7B |
| 61 | SAP SE | Infrastructure | Walldorf, Germany | $237.3B |
| 62 | SAP | Applications | Walldorf, Germany | $237.3B |
| 63 | Siemens | Infrastructure | Munich, Germany | $235.7B |
| 64 | Palo Alto Networks | Infrastructure | Santa Clara, United States | $231.9B |
| 65 | GE Vernova | Infrastructure | Cambridge, United States | $195.8B |
| 66 | Schneider Electric | Infrastructure | Rueil-Malmaison, France | $175.8B |
| 67 | Stripe | Infrastructure | San Francisco, United States | $159.0B |
| 68 | AtTokyo | Infrastructure | Tokyo, Japan | $156.6B |
| 69 | Salesforce | Applications | San Francisco, United States | $155.5B |
| 70 | Cadence Design Systems | Infrastructure | San Jose, United States | $107.8B |
| 71 | Firebird | Infrastructure | San Francisco, United States | $100.0B |
| 72 | Recovr | Infrastructure | Phoenix, United States | $100.0B |
| 73 | Lingxin Qiaoshou | Infrastructure | Beijing, China | $100.0B |
| 74 | WholeSum | Infrastructure | Seoul, South Korea | $100.0B |
| 75 | askROI | Infrastructure | Las Vegas, United States | $100.0B |
| 76 | Convr AI | Infrastructure | Chicago, United States | $100.0B |
| 77 | Hume AI | Infrastructure | New York, United States | $100.0B |
| 78 | Nota AI | Infrastructure | Seoul, South Korea | $100.0B |
| 79 | Saal.ai | Infrastructure | Abu Dhabi, United Arab Emirates | $100.0B |
| 80 | TENEX.AI | Infrastructure | Los Angeles, United States | $100.0B |
| 81 | Dyna.Ai | Infrastructure | Singapore, Singapore | $100.0B |
| 82 | Emergence | Infrastructure | San Mateo, United States | $100.0B |
| 83 | Trajectory | Infrastructure | San Francisco, United States | $100.0B |
| 84 | viAct | Infrastructure | Hong Kong, Hong Kong SAR, China | $100.0B |
| 85 | Synvo AI | Infrastructure | Singapore, Singapore | $100.0B |
| 86 | Zeron | Infrastructure | New York, United States | $100.0B |
| 87 | Core42 | Infrastructure | Abu Dhabi, United Arab Emirates | $100.0B |
| 88 | Recursive | Infrastructure | San Francisco, United States | $100.0B |
| 89 | Unframe | Infrastructure | San Francisco, United States | $100.0B |
| 90 | NC AI | Infrastructure | Seongnam, South Korea | $100.0B |
| 91 | OpenLedger | Infrastructure | San Francisco, United States | $100.0B |
| 92 | CargoSeer | Infrastructure | Israel | $100.0B |
| 93 | Bounteous | Infrastructure | Chicago, United States | $100.0B |
| 94 | DataMasque | Infrastructure | San Francisco, United States | $100.0B |
| 95 | HUMAIN | Infrastructure | Riyadh, Saudi Arabia | $100.0B |
| 96 | BoomPop | Infrastructure | Ninh Binh, Vietnam | $100.0B |
| 97 | Meta Superintelligence Labs | Infrastructure | Menlo Park, United States | $100.0B |
| 98 | Huawei | Hardware | Shenzhen, China | $100.0B |
| 99 | Lightbeam Health Solutions | Infrastructure | Dallas, United States | $100.0B |
| 100 | Ladris Technologies | Infrastructure | Nevada City, United States | $100.0B |