Hyperscale cloud platforms

The ten platforms that sell hyperscale infrastructure to customers, compared on the numbers that decide a shortlist: where they run, how many zones they give you, and how much they spend.

10 operators · checked 2026-11-11 · method

Microsoft Azure591—331Fairwater Wisconsin and Atlanta: hundreds of thousands of NVIDIA Blackwell GPUs per siteUSD 45.2bn incl. finance leases in FY2027 Q1 (Jul to Sep 2026)2026-11-11
Oracle Cloud Infrastructure (OCI)451—271Up to 4.5 GW of additional Stargate capacity for OpenAI (agreed Jul 2025)USD 28.5bn in FY2027 Q1 (Jun to Aug 2026)2026-11-11
Google Cloud4311301292Visakhapatnam AI hub, India: gigawatt-scale, three campuses (ground broken Apr 2026)USD 51.4bn (Alphabet) in Q3 2026; USD 195bn to 205bn guided for 20262026-11-11
Amazon Web Services (AWS)39112412813.9 GW of new power added in 2025; total power capacity to double by end-2027USD 77.3bn PP&E purchases in Q3 2026; ~USD 220bn cash capex guided for 20262026-11-11
Huawei Cloud3411031———2026-11-11
Alibaba Cloud3211091182—RMB 67.7bn (Alibaba Group) in the quarter to 30 Jun 20262026-11-11
Tencent Cloud261701131—RMB 52.8bn (Tencent group) in Q2 20262026-11-11
IBM Cloud13139191—USD 457m net capex (IBM) in Q3 20262026-11-11
Baidu AI Cloud————RMB 11.4bn (Baidu Inc.) in Q2 20262026-11-11
ByteDance Volcano Engine————2026 AI capex budget above RMB 200bn, up from RMB 160bn (SCMP, citing sources)2026-11-11

Operator profiles