GOOGL · $4.3T
Alphabet
Alphabet appears in Part 1, Part 3, Part 4, Part 5, Part 6, Part 8, Part 9, Part 10 of The Buildout. Part 1: Nvidia’s Demand Is Real. Its Financing Is Fragile.; Part 3: The…
In 8 partsCompanies
The companies in the argument.
The companies The Buildout follows, each with the figures the stories reported about it, where it appears, and the dated tests that touch it.
Private
Anthropic
Anthropic appears in Part 1, Part 2, Part 3, Part 4, Part 5, Part 7, Part 8, Part 10 of The Buildout. Part 1: Nvidia’s Demand Is Real. Its Financing Is Fragile.; Part 2: SpaceX Is…
In 8 partsPrivate
OpenAI
OpenAI appears in Part 2, Part 3, Part 4, Part 5, Part 7, Part 8, Part 9, Part 10 of The Buildout. Part 2: SpaceX Is Funding an AI Bet Before the Proof; Part 3: The Machines Will…
In 8 partsAPO · $66.5B
Apollo Global Management
Apollo Global Management appears in Part 1, Part 4, Part 6, Part 7, Part 8, Part 9, Part 10 of The Buildout. Part 1: Nvidia’s Demand Is Real. Its Financing Is Fragile.; Part 4: AI…
In 7 partsMETA · $1.8T
Meta
Meta appears in Part 4, Part 5, Part 6, Part 7, Part 8, Part 9, Part 10 of The Buildout. Part 4: AI Spending Has Met Its First Real Bill; Part 5: OpenAI and Anthropic Are Not the…
In 7 partsMSFT · $3.9T
Microsoft
Microsoft appears in Part 2, Part 3, Part 4, Part 5, Part 6, Part 8, Part 10 of The Buildout. Part 2: SpaceX Is Funding an AI Bet Before the Proof; Part 3: The Machines Will Work…
In 7 partsNVDA · $5.7T
Nvidia
Nvidia appears in Part 1, Part 2, Part 3, Part 4, Part 6, Part 8, Part 10 of The Buildout. Part 1: Nvidia’s Demand Is Real. Its Financing Is Fragile.; Part 2: SpaceX Is Funding an…
In 7 partsAMZN · $2.8T
Amazon
Amazon appears in Part 3, Part 4, Part 6, Part 8, Part 9, Part 10 of The Buildout. Part 3: The Machines Will Work. The Debt Might Not.; Part 4: AI Spending Has Met Its First Real…
In 6 partsCRWV · $46.6B
CoreWeave
CoreWeave appears in Part 3, Part 5, Part 6, Part 7, Part 8 of The Buildout. Part 3: The Machines Will Work. The Debt Might Not.; Part 5: OpenAI and Anthropic Are Not the Same…
In 5 partsORCL · $410.0B
Oracle
Oracle appears in Part 3, Part 4, Part 5, Part 6, Part 8 of The Buildout. Part 3: The Machines Will Work. The Debt Might Not.; Part 4: AI Spending Has Met Its First Real Bill…
In 5 partsCMCSA · $74.2B
Comcast
Comcast appears in Part 3, Part 9, Part 10 of The Buildout. Part 3: The Machines Will Work. The Debt Might Not.; Part 9: Habit Was the Moat. Agents Are Draining It.; Part 10: The…
In 3 partsMS · $295.5B
Morgan Stanley
Morgan Stanley appears in Part 3, Part 4, Part 9 of The Buildout. Part 3: The Machines Will Work. The Debt Might Not.; Part 4: AI Spending Has Met Its First Real Bill; Part 9…
In 3 partsNBIS · $55.3B
Nebius
Nebius appears in Part 3, Part 4, Part 6 of The Buildout. Part 3: The Machines Will Work. The Debt Might Not.; Part 4: AI Spending Has Met Its First Real Bill; Part 6: Power…
In 3 partsAAPL · $5.0T
Apple
Apple appears in Part 4, Part 9 of The Buildout. Part 4: AI Spending Has Met Its First Real Bill; Part 9: Habit Was the Moat. Agents Are Draining It..
In 2 partsPrivate
DeepSeek
DeepSeek appears in Part 3, Part 5 of The Buildout. Part 3: The Machines Will Work. The Debt Might Not.; Part 5: OpenAI and Anthropic Are Not the Same Business.
In 2 partsNFLX · $295.9B
Netflix
Netflix appears in Part 4, Part 9 of The Buildout. Part 4: AI Spending Has Met Its First Real Bill; Part 9: Habit Was the Moat. Agents Are Draining It..
In 2 partsBABA · $254.9B
Alibaba
Alibaba appears in Part 5 of The Buildout. Part 5: OpenAI and Anthropic Are Not the Same Business.
In 1 partAMD · $1.0T
AMD
AMD appears in Part 9 of The Buildout. Part 9: Habit Was the Moat. Agents Are Draining It..
In 1 partBAC · $375.2B
Bank of America
Bank of America appears in Part 9 of The Buildout. Part 9: Habit Was the Moat. Agents Are Draining It..
In 1 partBX · $134.6B
Blackstone
Blackstone appears in Part 1 of The Buildout. Part 1: Nvidia’s Demand Is Real. Its Financing Is Fragile..
In 1 partOBDC · $5.0B
Blue Owl Capital
Blue Owl Capital appears in Part 8 of The Buildout. Part 8: AI Lenders Are Financing the End of Scarcity.
In 1 partAVGO · $1.8T
Broadcom
Broadcom appears in Part 1 of The Buildout. Part 1: Nvidia’s Demand Is Real. Its Financing Is Fragile..
In 1 partDASH · $82.5B
DoorDash
DoorDash appears in Part 9 of The Buildout. Part 9: Habit Was the Moat. Agents Are Draining It..
In 1 partFICO · $15.1B
Fair Isaac
Fair Isaac appears in Part 9 of The Buildout. Part 9: Habit Was the Moat. Agents Are Draining It..
In 1 partGS · $261.0B
Goldman Sachs
Goldman Sachs appears in Part 10 of The Buildout. Part 10: The Bubble Is in the Denominator.
In 1 partMU · $1.2T
Micron Technology
Micron Technology appears in Part 4 of The Buildout. Part 4: AI Spending Has Met Its First Real Bill.
In 1 partNKE · $51.2B
Nike
Nike appears in Part 9 of The Buildout. Part 9: Habit Was the Moat. Agents Are Draining It..
In 1 partPLTR · $457.8B
Palantir
Palantir appears in Part 5 of The Buildout. Part 5: OpenAI and Anthropic Are Not the Same Business.
In 1 partCRM · $183.5B
Salesforce
Salesforce appears in Part 9 of The Buildout. Part 9: Habit Was the Moat. Agents Are Draining It..
In 1 partSHOP · $217.2B
Shopify
Shopify appears in Part 9 of The Buildout. Part 9: Habit Was the Moat. Agents Are Draining It..
In 1 partPrivate
SpaceX
SpaceX appears in Part 2 of The Buildout. Part 2: SpaceX Is Funding an AI Bet Before the Proof.
In 1 partNYT · $10.7B
The New York Times
The New York Times appears in Part 6 of The Buildout. Part 6: Power Doesn’t Depreciate. Its Premium Moves..
In 1 partVRT · $96.3B
Vertiv
Vertiv appears in Part 4 of The Buildout. Part 4: AI Spending Has Met Its First Real Bill.
In 1 partAnalysis and opinion, not investment advice. Entries are assembled from the stories; nothing here is a rating. Market caps are delayed figures from Financial Modeling Prep, as of Oct 8, 2026, 10:30 a.m. ET.