Which companies discussed AI CapEx in Financials in earnings calls?
258 companies mentioned ai capex across 352 earnings calls in Financials over the past year, spanning 1 sectors. The most active were S&P Global Inc. (10 calls), Apollo Global Management, Inc. (7 calls), Ares Management Corporation (4 calls). The table below ranks every company by how often the theme came up, with direct links to each transcript.
Mentions over time
Data table
| Quarter | Calls mentioning AI CapEx |
|---|---|
| 2025Q3 | 52 |
| 2025Q4 | 61 |
| 2026Q1 | 137 |
| 2026Q2 | 102 |
Companies ranked by mentions
Representative quotes
…minds. It's a hot IPO summer. We are in a golden age of entrepreneurship and company formation, $0.5 trillion were spent in AI CapEx last year, and several of the most valuable privately held companies ever are going public. Now select institutions may get access to invest…
…banking sectors roll within that. So still overweight bank is positive. The near-term risk, I think, would be the kind of AI CapEx. We spoke a lot about that, we benefited from that in the portfolio, and we're still positive…
AI, where there's been two impacts on it. The first is the disintermediation risk and the second is the boom in AI CapEx we've seen. If we start with the disintermediation risk, Anthropic and Claude launched a number of software tools such as Claude Code…
…other outflows in respect of tax paid GBP 17.1 million, which includes the GBP 9.4 million tax on the part disposal of Collect+, CapEx of GBP 22.6 million, the exceptional payment of GBP 10.4 million in respect of Utilita settlement plus a one-off pension contribution…
Frequently asked questions
What is AI CapEx and why are companies discussing it?
Capital-expenditure commitments tied specifically to AI infrastructure — hyperscaler spend, factory modernization, vertical platforms.
Which company mentioned ai capex most in Financials in the past year?
S&P Global Inc. (SPGI) led with 10 calls referencing ai capex, most recently on June 10, 2026.
How can I track ai capex mentions across earnings calls via API?
The EarningsCalls.dev REST API exposes the same data behind this page. Use the search_transcripts and count_mentions_by_ticker endpoints to query our archive of 33,000+ earnings call transcripts — keyword search, sector / date filters, per-company mention counts, and the underlying full transcripts. See the API docs →
Related technology themes
Last updated: June 18, 2026. Methodology: full-text search across all earnings call transcripts in our corpus over the past 12 months, matching the canonical term and its aliases (AI CapEx, ai capex, AI capital expenditure, ai investment). Mentions are per call, not per occurrence within a call; the company-rank table is built by counting distinct calls mentioning the theme. Page refreshes every hour at the edge as new calls land in our archive.