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Big Tech’s AI spending to cross $2.8 trn by '29: Citi
Financial Express Bengaluru
|October 01, 2025
CITIGROUP HAS RAISED its forecast for Al-related infrastructure spending by tech giants to surpass $2.8 trillion through 2029, from $2.3 trillion estimated earlier, citing aggressive early investments by hyperscalers and growing enterprise appetite.
The AI boom ignited by ChatGPT’s launch in late 2022 has continued to fuel staggering capital outlays and data centre expansion despite a brief crisis of confidence sparked by China's cheaper DeepSeek model and lingering market concerns over US President Donald Trump’s tariff policies.
Dit verhaal komt uit de October 01, 2025-editie van Financial Express Bengaluru.
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