Citi Sees Big Tech Spending Even More on AI Next Year—Here's How Much

1. Citi forecasts hyperscalers to spend $490 billion on AI infrastructure next year. 2. AI spending increasingly funded by debt, exposing firms to financial vulnerabilities. 3. Strong demand for AI from enterprises indicated by partnerships and investments. 4. Citi slightly raises predictions for AI spending, surpassing Wall Street's consensus. 5. Investment trends show urgency in enterprise-level AI adoption despite risks.