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Citi Sees Big Tech Spending Even More on AI Next Year—Here's How Much
Investopedia·2025-10-01 06:55

The Stargate AI data center in Abilene, Texas, part of a 500billioninfrastructureinitiativefromOpenAI,Oracle,andSoftBank.KyleGrillot/BloombergviaGettyImagesCloseKeyTakeawaysAfteraseriesofbigcloudcomputingdealsthismonth,CitigroupanalystsnowexpectAIspendingtoexceedtheiralreadyeye−wateringforecast.A^CitianalystsonTuesdayestimatedthathyperscalers—includingMicrosoft(MSFT),Alphabet(GOOG),Amazon(AMZN),Oracle(ORCL),andCoreWeave(CWV)—willspend500 billion infrastructure initiative from OpenAI, Oracle, and SoftBank. Kyle Grillot / Bloomberg via Getty Images Close Key Takeaways After a series of big cloud computing deals this month, Citigroup analysts now expect AI spending to exceed their already eye-watering forecast. Citi analysts on Tuesday estimated that hyperscalers—including Microsoft (MSFT), Alphabet (GOOG), Amazon (AMZN), Oracle (ORCL), and CoreWeave (CWV)—will spend 490 billion o ...