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Citigroup has revised its global artificial intelligence spending and revenue forecasts for the period from 2026 to 2030, citing increased demand from businesses as the driving force behind this upward adjustment. The financial institution anticipates substantial investments from major tech firms in the AI sector this year, with AI startups also experiencing notable revenue growth. Despite recent market challenges, Citigroup remains optimistic about the opportunities present in the technology industry.
Source: Tech-Economic Times