Citigroup raises AI capex and revenue forecasts amid rapid enterprise adoption
By
Binu Mathew
Citigroup on Tuesday raised its global artificial intelligence capital expenditure and revenue forecasts for 2026-2030, citing faster enterprise demand and adoption.
Citigroup said AI tools are set to advance rapidly,unlocking new enterprise applications and accelerating theadoption of agentic systems and workflows. It raised its 2026-2030 global AI capex estimates to $8.9trillion compared to its earlier forecast of $8 trillion.
