Which companies discussed AI CapEx in Real Estate in earnings calls?
177 companies mentioned ai capex across 350 earnings calls in Real Estate over the past year, spanning 1 sectors. The most active were American Tower Corporation (10 calls), SBA Communications Corporation (9 calls), Equinix, Inc. (8 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 |
|---|---|
| 2024Q4 | 18 |
| 2025Q1 | 53 |
| 2025Q2 | 32 |
| 2025Q3 | 68 |
| 2025Q4 | 58 |
| 2026Q1 | 115 |
| 2026Q2 | 74 |
| 2026Q3 | 94 |
| 2026Q4 | 18 |
Companies ranked by mentions
Representative quotes
…previous quarterly record by approximately 8%. Importantly, AI inference-related deployments span more than 15 submarkets during the quarter, further demonstrating that AI adoption is accelerating beyond large training deployments and into a broader set of enterprise and inference oriented use cases. We also marked a new record…
Holder (Executives): Yes, John, this is Clay. You're hitting on all the things that we look at. And given to your point, CapEx can be variable from time to time. And so that we have -- you have to consider that, especially when you think about the potential…
…companies out in front sort of talking about some of the real value that we're generating from our AI investments. Last quarter, we talked about some of the professional services savings that we're seeing. This quarter, we launched 3 additional initiatives, one of which…
…leaders are still saying that the AI productivity gains is less than 15%. And obviously, the cost of implementation of AI is very steep as well. So it's a wait-and-watch game, but at least in the short term, we don't see that productivity gains…
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 Real Estate in the past year?
American Tower Corporation (AMT) led with 10 calls referencing ai capex, most recently on October 27, 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: October 30, 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.