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Citi Lifts AI Services Revenue Forecasts as Cloud Use Grows

Citi raised its estimates by 9% for 2026, 7% for 2027 and 17% for 2028. The bank also sees global AI capital spending reaching $1.68 trillion in 2027.
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Citi raised its estimates by 9% for 2026, 7% for 2027 and 17% for 2028. The bank also sees global AI capital spending reaching $1.68 trillion in 2027.